Topic - U.S. Treasury

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Coburn urges parties to return convention funds
Sen. Tom Coburn on Thursday urged both national parties to voluntarily return millions of taxpayer dollars they received to fund their nominating conventions, saying Democrats and the GOP should show leadership in reducing the federal deficit.
Mortgage Q&A: Check fees that go with note rate
The latest updates in the world economic forum have been favorable to U.S. interest rates. The problems in Greece continue to pressure the demand for anything that has to do with financial instruments in Europe.
Economy Briefs: Best Buy chairman steps down after probe
Best Buy founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with an employee and did not alert the audit committee.
U.S. presses China over currency during economic talks
U.S. Treasury Secretary Timothy F. Geithner urged Beijing to let its tightly controlled currency strengthen and open its markets wider amid trade strains at a high-level economic dialogue Thursday.
Obama gives Treasury new sanctions tool against Syria, Iran
President Obama Tuesday beefed up his sanctions policy against Syria and Iran, giving the U.S. Treasury the ability to crack down harder on foreign firms and individuals who violate existing measures.
FLEMING: Undeniable: Entitlements are unsustainable
Medicare is on a steady downward course to financial ruin and everyone should care. Its trustees admit that Medicare's main trust fund could run out of money as early as 2017.
LETTER TO THE EDITOR: Markey wrong on natural gas
So Rep. Edward J. Markey, Massachusetts Democrat, does not want to sell any natural gas to China ("Keep America's natural gas at home," Letters, Friday). That's rich. Has he taken a look at the trade imbalance? Or better yet, what does he expect the Chinese to do with all of those dollars they collect from selling us a majority of what you see in Wal-Mart?
Reid gives Treasury $41,600 tied to investigated lobbyist
Sen. Majority Leader Harry Reid, Nevada Democrat, turned over to the U.S. Treasury $41,600 in questionable campaign donations connected to a once-prominent Nevada power broker who is under federal investigation for questionable political contributions, campaign finance records show.
TURNER: What's next? Step One after Obamacare
Obamacare is on the rocks, and the heart of the law - the individual mandate - or the whole thing could be struck down by the Supreme Court. Whatever the court does, the voters could finish the job in November.
Who foots bill when Obama travels?
When President Obama traveled to Florida this week, he sandwiched a partisan speech at Florida Atlantic University between two multimillion-dollar fundraisers for his 2012 campaign, allowing him to label at least part of the trip to a critical battleground state as official business.
BEACH: Let's not celebrate low interest rates
It appears that borrowers have never had it so good. So, why do I suggest we not celebrate these record-low discount rates?
Worst loss for Dow this year as stocks slump again
The stock market extended its longest and deepest slump of the year Tuesday, caught between a recurring nightmare of European debt and the beginning of uncertain corporate earnings reports at home.
ORIENT: Undertrained doctors or well-programmed robots?
More education is the usual prescription for our problems - but health care reformers urge the opposite.
U.S. rate on 30-year mortgage falls to 3.98 percent
The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows.
G-20 links IMF help to boost by EU
The G-20 nations are conditioning giving additional money for the International Monetary Fund on the European Union first increasing its financial stabilization funds to ease concerns about the eurozone debt crisis, officials said Sunday.