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Treasury Department

Treasury intervention could give more help to data breach victims

by Justin Ho
Aug 2, 2018
This week, the Treasury Department issued recommendations to protect consumers from big data breaches, like the ones we’ve seen at Equifax and Target. Among the Treasury Department’s recommendations: creating a national standard for handling the aftermath of data breaches. Click the audio player above to hear the full story. 
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Divided Decade

Does the U.S. have too many financial regulators?

by Jana Kasperkevic
Mar 19, 2018
The fragmented system is one reason why the 2008 crisis was so bad, experts say.
Alex Wong/Getty Images
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The turf war over taxes

by Ryan Kailath
Feb 20, 2018
New polling shows that public sentiment is growing more favorable toward the recent tax law. Maybe chalk that up to the little extra money many people are seeing in their paychecks as a result of new tax brackets. But in Washington, D.C., there’s still a fight going on about the new tax code — specifically, […]
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The Treasury Department's tax plan analysis is one page long. Really.

by Kai Ryssdal and Shaheen Ainpour
Dec 12, 2017
Is empirical analysis dead? We ask Politico's Ben White.
A statue of Alexander Hamilton, the first United States secretary of the Treasury, stands in front of the Treasury in Washington, D.C.
Chip Somodevilla/Getty Images
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Why do we keep playing the debt limit charade?

by Nancy Marshall-Genzer
Aug 29, 2017
It has everything to do with politics and very little to do with debt.
U.S. Secretary of Treasury Steve Mnuchin discusses 2018 budget proposals for the Department of Treasury and tax reform at a Senate Finance Committee hearing on May 25.
Drew Angerer/Getty Images
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To cut or not to cut? The debate over the government’s debt

by Nancy Marshall-Genzer
Jun 1, 2017
There’s a tug of war in the Trump administration over the debt ceiling — specifically, whether Congress should attach spending limits to legislation raising or suspending the ceiling. It limits how much the Treasury Department can borrow to pay its bills. Now, Treasury Secretary Steven Mnuchin is urging Congress to raise the debt ceiling with […]
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Should the Treasury take charge of managing student loans?

by Kimberly Adams
May 26, 2017
The Department of Education isn’t your typical go-to for high drama in Washington, D.C. But this week hasn’t been typical. First, President Trump’s budget proposal called for drastic cuts to the department’s budget. Then, James Runcie, who oversaw the office that manages the federal government’s $1.3 trillion student loan portfolio, walked. In a rather critical […]
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We finally know how much U.S. debt is owned by Saudi Arabia

by Kai Ryssdal and Bridget Bodnar
May 18, 2016
The answer to a question you didn't even know you had.
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