Read more Treasury Department stories on Newserhttp://www.newser.com/taggrid/8573/treasury-department.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:57:29 CSThttp://www.newser.com/story/74236/millions-must-repay-part-of-stimulus-tax-credit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAn IRS tax credit designed to lighten the load on recession-addled taxpayers won't work out as well as hoped for about 15.4 million Americans. Because certain minutiae of the new Making Work Pay credit weren’t factored in to withholding tables, more than 10% of taxpayers who file individual returns...http://www.newser.com/story/74236/millions-must-repay-part-of-stimulus-tax-credit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 17 Nov 2009 12:49:13 CSThttp://www.newser.com/story/73786/annoyed-by-feds-aig-ceo-threatens-to-quit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJust 3 months after taking the job, AIG CEO Robert Benmosche is threatening to storm out in a huff. At a directors’ meeting last week the voluble Benmosche, formerly of MetLife, told colleagues he was “done” with trying to operate the 80% taxpayer-owned company under federal supervision, particularly with regard...http://www.newser.com/story/73786/annoyed-by-feds-aig-ceo-threatens-to-quit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Nov 2009 8:43:02 CSThttp://www.newser.com/story/73091/goldman-deal-may-bail-out-fannie-mae.html?utm_source=syn&utm_medium=rss&utm_campaign=tagGoldman Sachs wants to buy millions in otherwise virtually worthless tax credits from Fannie Mae, but the mega-bank is so politically toxic right now that the Obama administration is considering blocking the deal, the Wall Street Journal reports. “Treasury is reviewing and will not let it proceed unless it is...http://www.newser.com/story/73091/goldman-deal-may-bail-out-fannie-mae.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 02 Nov 2009 9:12:09 CSThttp://www.newser.com/story/72619/get-a-clue-washington-you-cant-do-everything.html?utm_source=syn&utm_medium=rss&utm_campaign=tagClamping down on arrogant, risk-taking execs with an overconfident attempt to overhaul private sector pay structures shows that the arrogance has migrated to the Obama administration, writes David Brooks. The government is trying to micro-manage compensation packages at a wide variety of firms when pay regulation should be done, humbly,...http://www.newser.com/story/72619/get-a-clue-washington-you-cant-do-everything.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 27 Oct 2009 5:10:51 CDThttp://www.newser.com/story/72552/frank-geithner-to-roll-out-too-big-to-fail-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter months of negotiations, Congress and the Obama administration are ready to introduce new rules on financial institutions deemed "too big to fail." Barney Frank, who heads the House Financial Services Committee, will present a bill as soon as this week that will let the government seize companies, fire executives,...http://www.newser.com/story/72552/frank-geithner-to-roll-out-too-big-to-fail-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 6:57:12 CDThttp://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Treasury Department today is expected to order seven companies that have not paid back last year's US government bailouts to halve their top executives' average compensation. The cuts apply to the 25 highest-paid executives at banks and other companies that received the most assistance, with salaries being slashed by...http://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 9:40:58 CDThttp://www.newser.com/story/72120/bailout-is-bad-news-for-savers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNot fed up enough with just putting your taxpayer dollars directly on the line to bail out the nation’s banks? Allan Sloan has latched on to some insidious “collateral damage” from the government’s rescue plan, those trillions spent “to keep interest rates down to support the economy and prop up...http://www.newser.com/story/72120/bailout-is-bad-news-for-savers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 20 Oct 2009 12:17:08 CDThttp://www.newser.com/story/71664/pay-czar-going-after-aig-bonuses-again.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPay czar Kenneth Feinberg is making another run at AIG’s bonus payouts—or trying to, with the help of a little arm twisting. Feinberg doesn’t have authority over the$198 million in bonuses promised to employees at the infamous trading unit because the contracts were created before the bailout. So instead,...http://www.newser.com/story/71664/pay-czar-going-after-aig-bonuses-again.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 14 Oct 2009 8:59:55 CDThttp://www.newser.com/story/71524/broke-al-qaeda-pleads-for-funds.html?utm_source=syn&utm_medium=rss&utm_campaign=tagEfforts to cut off al-Qaeda's funding have been largely successful and the organization is now critically short of cash, according to the US Treasury. The group's "influence is waning" as the money dries up, according to one official who monitors terrorist financing, noting that al-Qaeda has already issued several appeals...http://www.newser.com/story/71524/broke-al-qaeda-pleads-for-funds.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 13 Oct 2009 2:34:35 CDT