President’s 2010 Budget Requests $243.6 Million for the CDFI Fund
(EMAILWIRE.COM, May 09, 2009 ) Washington, DC – Today, President Obama released the fiscal year (FY) 2010 budget titled A New Era of Responsibility – Renewing America’s Promise. The President’s budget requests $243.6 million for the CDFI Fund – a 127 percent increase over the $107 million appropriated... more
President Obama Announces More Key Treasury Appointments
(EMAILWIRE.COM, April 18, 2009 ) WASHINGTON - Today, President Barack Obama announced his intent to nominate the following individuals to key posts at the Department of the Treasury: Herbert M. Allison, Jr., Assistant Secretary for Financial Stability, who will also have the title Counselor to... more
Treasury International Capital (TIC) Data for February
(EMAILWIRE.COM, April 15, 2009 ) Washington --The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for February 2009. The next release, which will report on data for March 2009, is scheduled for May 15, 2009. Net foreign purchases of long-term securities... more
Treasury Department Provides Updated Guidance on Legacy Securities Public-Private Investment Program
(EMAILWIRE.COM, April 07, 2009 ) WASHINGTON -- As part of an ongoing effort to refine the guidelines and enhance the effectiveness of the Financial Stability Plan programs, the Treasury Department today released additional guidance for potential investors in the securities portion of the Public Private... more
U.S. Treasury Department DAILY TREASURY GUIDANCE FOR WEDNESDAY, APRIL 1, 2009
(EMAILWIRE.COM, April 01, 2009 ) Washington, DC - Early Wednesday morning, Secretary Geithner will join Alistair Darling, Britain’s Chancellor of the Exchequer at No. 11 Downing Street for a breakfast with Finance Ministers. This meeting is closed press. Later in the morning, he will join President... more
Treasury’s New Markets Tax Credit Program Named One of Top 50 in the Innovations in American Government Awards Competition
(EMAILWIRE.COM, April 01, 2009 ) Washington, DC – A federal program that promotes economic revitalization in the nation’s low-income communities, and was recently expanded through the American Recovery and Reinvestment Act (the Recovery Act) of 2009, has been recognized for its innovation and effectiveness... more
Treasury Announces Extension of Temporary Guarantee Program for Money Market Funds
(EMAILWIRE.COM, April 01, 2009 ) Washington, DC – The U.S. Treasury Department today announced an extension of its temporary Money Market Funds Guarantee Program through September 18, 2009, in order to support ongoing stability in financial markets. The Program was scheduled to end on April 30,... more
U.S., Gibraltar Sign Tax Information Exchange Agreement
(EMAILWIRE.COM, April 01, 2009 ) WASHINGTON – The U.S. Department of the Treasury and the Government of Gibraltar today announced that the United States and Gibraltar have signed an agreement to allow for exchange of information on tax matters between the United States and Gibraltar. The agreement... more
CDFI Fund Announces the Appointment of Jose Villar to Serve as its Chief Operating Officer
(EMAILWIRE.COM, March 31, 2009 ) Washington, DC – Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell today announced the appointment of José Villar to serve as the Chief Operating Officer (COO) of the CDFI Fund beginning Monday, March 30, 2009. As the COO, Mr.... more
CDFI Fund Awards $2.3 Million in Technical Assistance Grants Through the FY 2009 CDFI Program
(EMAILWIRE.COM, March 27, 2009 ) Washington, DC - Community Development Financial Institutions (CDFI) Fund Director Donna J. Gambrell today announced that $2,363,917 in Technical Assistance grants are being awarded to 27 organizations working in economically distressed communities across the country.... more
CDFI Fund Publishes Amended Notice for New Markets Tax Credit Program to Expedite Implementation of the Recovery Act
(EMAILWIRE.COM, March 24, 2009 ) Washington, DC - The Treasury Department’s Community Development Financial Institutions (CDFI) Fund today released an amended Notice of Allocation Availability (NOAA) for the 2009 round of the New Markets Tax Credit (NMTC) Program. This amended NOAA updates the original... more
President Obama Announces Additional Treasury Department Nominations
(EMAILWIRE.COM, March 24, 2009 ) WASHINGTON -- President Barack Obama today announced his intent to nominate Neal S. Wolin to be Deputy Secretary of the Treasury and Lael Brainard to be Under Secretary of the Treasury for International Affairs. In addition, the President announced that Stuart A.... more
U.S. Treasury Department: DAILY TREASURY GUIDANCE FOR MONDAY, MARCH 23, 2009
(EMAILWIRE.COM, March 23, 2009 ) Washington, DC - Last month, the Administration unveiled a Financial Stability Plan to stabilize the financial system and ensure that it works with economic recovery, not against it, by providing the liquidity and credit consumers and businesses need to grow and thrive.... more
Geithner op-ed: An update on the Administration’s efforts to stabilize the Financial system
(EMAILWIRE.COM, March 23, 2009 ) WASHINGTON – In an op-ed piece to run in tomorrow’s Wall Street Journal, U.S. Treasury Secretary Timothy Geithner offers an update on the Administration’s efforts to stabilize the financial system. To read the piece online: http://online.wsj.com/article/SB123776536222709061.html.... more
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