Apr 14 Puerto Rico faces defaults as Congress stalls on way to help By Mary Clare Jalonick, Associated Press WASHINGTON — Puerto Rico is facing a deadline for a multimillion-dollar bond payment next month as House Republicans struggle to find a way to help the island deal with its $70 billion debt. Continue reading
Apr 07 Watch 6:08 Why the Obama administration is stepping up a corporate crackdown By PBS News Hour The Obama administration has taken steps to rein in big businesses this week: New rules issued by the Treasury Department regarding tax loopholes ended a $160 billion deal between Pfizer and Allergan. Meanwhile, the Justice Department has filed an antitrust… Continue watching
Mar 02 U.S. sanctions North Koreans for missile, nuclear programs By Deb Riechmann, Associated Press WASHINGTON — The United States is sanctioning a dozen individuals and five organizations tied to North Korea's nuclear and weapons proliferation efforts. Continue reading
Jan 17 Watch 4:38 What’s the economic impact of the Iran deal? By PBS News Hour On Sunday, the Treasury Department announced new sanctions on 11 foreign companies or individuals supplying parts for Iran's ballistic missile program. Bloomberg News White House correspondent Angela Greiling Keane joins Hari Sreenivasan from Washington to discuss the economic impact of… Continue watching
Oct 28 Watch 8:33 Treasury Secretary Lew on Congress ‘coming to terms’ with the debt limit By PBS News Hour The bipartisan budget deal passed by the House is the product of negotiations between Congressional leaders and the White House. Treasury Secretary Jack Lew sits down with Gwen Ifill to discuss how Congress achieved its moment of breakthrough, plus a… Continue watching
Jun 18 New $10 bill will be the first in more than a century to feature a woman By Kristen Doerer “The new ten will be the first bill in more than a century to feature a portrait of a woman,” Treasury Secretary Jacob J. Lew announced Wednesday. Yes, that’s right. The United States will soon have a woman on its… Continue reading
Jun 17 Move over Alexander Hamilton, the next $10 bill will feature a woman By Kristen Doerer The last woman featured on paper U.S. currency was Martha Washington back in 1891. She remained on the one dollar bill until 1896. Before that, Pocahontas graced the 20 dollar bill for a mere four years from 1865 to 1869. Continue reading
Jun 03 Watch 11:41 Opposite parties, same goal: change U.S.-China relations By PBS News Hour China is on track to eclipse the U.S. as the world's largest economy by 2016, and it hasn’t been shy about flexing military muscle. Henry Paulson and Bob Rubin, former treasury secretaries from different parties, say the U.S. and China… Continue watching
Apr 17 U.S. senator says it’s time to put a woman on the $20 bill By Holly Ramer, Associated Press CONCORD, N.H. — The first woman to serve as both governor and U.S. senator is backing a campaign to put a female face on the $20 bill. Continue reading
Mar 17 VA watchdog defends actions in contracting report By Matthew Daly, Associated Press WASHINGTON — Call it the battle of the watchdogs. The inspector general’s office at the Department of Veterans Affairs is defending its actions after the office came under unusual criticism from its counterpart at the Treasury Department. Continue reading