Treasury Department : NPR

Parallels

Against 'Islamic State' Militants, Treasury May Need To Try New Tools

July 8, 2014 • In combating militants, one weapon is cutting off the groups' funding from charities or outside donors. But the "Islamic State" gets its money from other means and may be immune to U.S. techniques.

Against 'Islamic State' Militants, Treasury May Need To Try New Tools

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Feds Clear Banks To Do Business With Budding Pot Industry

A bag of marijuana being prepared for sale sits next to a money jar at BotanaCare in Northglenn, Colorado, in this file photo taken on December 31, 2013. Rick Wilking/Reuters/Landov hide caption

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Rick Wilking/Reuters/Landov

The Two-Way

Feds Clear Banks To Do Business With Budding Pot Industry

February 14, 2014 • The departments of Treasury and Justice signal that banks can work with the legal marijuana industry without fearing prosecution for such crimes as money laundering.

Treasury Secretary: Debt Default Would Have Dire Consequences

Treasury Secretary Jack Lew testifies during a Senate Finance Committee hearing on Thursday. Mark Wilson/Getty Images hide caption

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Mark Wilson/Getty Images

The Two-Way

Treasury Secretary: Debt Default Would Have Dire Consequences

October 10, 2013 • Jacob Lew tells the Senate Finance Committee that not raising the debt ceiling could "deeply damage financial markets, the ongoing economic recovery, and the jobs and savings of millions of Americans."

Treasury: New Debt Ceiling Fight Could Derail Economy

Treasury Secretary Jacob Lew leaves the Capitol after a visit on Thursday. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images

The Two-Way

Treasury: New Debt Ceiling Fight Could Derail Economy

October 3, 2013 • In a report, the department warns that a default could do damage to the economy to rival the Great Recession.

Jack Lew has been nominated to be the next Treasury secretary. Mandel Ngan /AFP/Getty Images hide caption

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Mandel Ngan /AFP/Getty Images

The Two-Way

Obama Taps Top Aide Lew For Treasury

January 10, 2013 • The president has nominated his chief of staff. Jack Lew is also a former budget director in both the Clinton and Obama administrations. He would replace Timothy Geithner, who plans to step down soon.

President Obama announces nomination of Jack Lew for Treasury

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Likely Suspects: Guessing Obama's Second-Term Cabinet

Massachusetts Gov. Deval Patrick introduces President Obama at a Democratic National Committee fundraiser last year. Could Patrick be chosen to replace Eric Holder as attorney general? Mandel Ngan/AFP/Getty Images hide caption

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Mandel Ngan/AFP/Getty Images

February 17, 2011 • Interest payments on the national debt are forecast by 2018 to crowd out much of U.S. spending. Experts worry that the deteriorating fiscal situation could drive up the interest rates the U.S. must pay, further worsening the situation.