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Treasury Department

"Make Me Smart” Newsletter

Trump's search for a treasury secretary who will support tariffs

by Ellen Rolfes
Nov 22, 2024
Donald Trump wants to find a treasury secretary who can champion tariffs and keep financial markets calm.
J. David Ake/Getty Images
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Inflation is "not yet where it needs to be," Treasury Secretary Yellen says

by Kai Ryssdal and Sean McHenry
May 9, 2024
Janet Yellen addresses the state of the U.S. economy and underscores the country's rivalry and collaboration with China in an interview.
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Shelf Life

"We've got a lot more progress to go" on fixing racial disparities caused by the tax system

by Kai Ryssdal and Andie Corban
Jan 18, 2024
Dorothy Brown of Georgetown University has spent her career researching race and the tax code. Now, she advises the Treasury Department.
The Internal Revenue Service does not collect or publish statistics by race, but there is more to the story, says Dorothy Brown of Georgetown University.
J. David Ake/Getty Images
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National Debt

Why the Treasury Department's borrowing plan may overshadow Jay Powell's news conference

by Nancy Marshall-Genzer
Nov 1, 2023
As the Fed wraps up its two-day meeting, economists are looking to the Treasury Department for details on how the federal government plans to borrow money through the end of the year.
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Got old savings bonds lying around? Good luck cashing them.

by Kai Ryssdal and Andie Corban
Oct 12, 2023
New York Times reporter Rob Copeland dug into why it's become "so impossible" to cash a savings bonds these days.
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Climbing 10-year Treasury yield signals costlier future for buying, borrowing

by Sabri Ben-Achour
Aug 18, 2023
If the Federal Reserve needs to keep interest rates higher to continue battling inflation, 10-year yields will have to compete.
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When Yellen gets to China, just sitting down and talking will indicate progress

by Kimberly Adams
Jul 3, 2023
But there's no shortage of issues to discuss between the world's two largest economies.
Treasury Secretary Janet Yellen will meet with Chinese officials this week.
Anna Moneymaker/Getty Images
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National Debt

What will happen once the debt ceiling deal is passed?

by Sabri Ben-Achour
Jun 1, 2023
How will the Treasury act to make up for lost time?
After hitting the debt ceiling and taking extraordinary measures, "the Treasury Department has to replenish their checking account, basically," said George Mateyo Key Private Bank.
Mandel Ngan/AFP via Getty Images
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Race and Economy

Native-serving financial institutions "fill gaps," but new federal rules could undermine them

by Savannah Peters
May 10, 2023
Community development financial institutions are mostly concerned about a ban on extended-term mortgages and balloon payments.
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Raising the Debt Ceiling

The last time the U.S. almost defaulted on its loans, the consequences were expensive

by Nancy Marshall-Genzer
Apr 17, 2023
The phrase "debt ceiling" brings some people right back to 2011, when the U.S. also went down to the wire.
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