US Treasury Newswire (Page 2)

Comprehensive Real-Time News Feed for US Treasury. (Page 2)

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  1. This is what President Obama had to say in his final press conference of 2014Read the original story w/Photo

    Friday | Inland Valley Daily Bulletin

    Two days after reopening diplomatic relations with Cuba, President Barack Obama said Friday he doesn't expect the effort to bring overnight change on the island, a quick end to the U.S. economic embargo or the likelihood that he will soon visit the communist nation. “This is still a regime that oppresses its people,” Obama said at a year-end news conference two days after the historic announcement that he was moving to end the half century of Cold War acrimony with Havana.

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  2. Obama to block exports of goods, technology, services to CrimeaRead the original story w/Photo

    Friday | AlertNet

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  3. US hits Crimea with new sanctionsRead the original story w/Photo

    Friday | The Hill

    The United States on Friday moved to match new European sanctions blocking investments in or imports from Crimea, the Ukrainian peninsula annexed by Russia earlier this year. In a statement, President Obama said the executive order would prohibit the export of goods, technology or services to Crimea and authorize the Treasury Department to sanction individuals and companies operating within the territory.

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  4. Martin Paone New Senate LiaisonRead the original story w/Photo

    Friday | Roll Call

    Paone, seen here packing his belongings in his Senate office on Jan. 30, 2008 as he prepared to depart from 32 years on Capitol Hill. The White House's new Senate liaison is an old familiar face around the chamber, and someone who really knows how the trains run.

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  5. Obama Declares 2014 'A Breakthrough Year For America'Read the original story w/Photo

    Friday | Manufacturing.net

    President Barack Obama said Friday that 2014 has been "a breakthrough year for America," putting aside the fits and starts of the past 12 months to focus on achievements and the prospect of compromise with his political foes who are taking control of Congress. "My presidency is entering the fourth quarter.

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  6. U.S. Announces Major Policy Shift on CubaRead the original story w/Photo

    Friday | jdsupra.com

    On December 17, 2014, President Obama announced the beginning of major reforms regarding the relationship between the United States and Cuba. In a statement made from the White House, President Obama announced that the country would end its "outdated approach" to Cuba and begin to normalize relations between the two countries.

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  7. Can Obama Learn to Punish Tyrants Instead of Rewarding Them?Read the original story w/Photo

    Friday | Commentary Magazine

    By publicly fingering North Korea as the culprit behind the Sony hack attack, the FBI has put President Obama in a quandary: What to do about this cyber-attack which has caused grave damage to the American subsidiary of a prominent Japanese company? Leaks out of the White House are that the "principals committee" composed of senior Cabinet-level officials has been meeting to formulate a response. Given the track record of this administration, that means a decision could be forthcoming in a few months, or maybe not at all.

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  8. Change won't happen overnight in Cuba: ObamaRead the original story w/Photo

    Friday | CTV

    President Barack Obama praised the reopening of diplomatic relations with Cuba on Friday but said he doesn't expect it to bring overnight change on the island, a quick end to the U.S. economic embargo or the likelihood that he will soon visit the communist nation. "This is still a regime that oppresses its people," Obama said at a year-end news conference two days after the historic announcement that he was moving to end the half century of Cold War acrimony with Havana.

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  9. Obama's year-end news conferenceRead the original story w/Photo

    Friday | KFMB-TV San Diego

    President Barack Obama said Friday that 2014 has been "a breakthrough year for America," putting aside the fits and starts of the past 12 months to focus on achievements and the prospect of compromise with his political foes who are taking control of Congress. "My presidency is entering the fourth quarter.

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  10. Obama talks about Cuba thaw, Keystone XL in year-end remarksRead the original story w/Photo

    Friday | CBC News

    Cuba was one of many issues that President Barack Obama addressed concerning a year he saw as basically positive, despite a series of foreign policy crisis and major defeats for his Democratic party in midterm elections. U.S. President Barack Obama praised the reopening of diplomatic relations with Cuba on Friday but said he doesn't expect it to bring overnight change on the island, a quick end to the U.S. economic embargo or the likelihood that he will soon visit the communist nation.

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  11. Rangers broadcaster Eric Nadel describes being in Havana the day Obama made peace with CubaRead the original story w/Photo

    Friday | Dallas Morning News

    Eric Nadel, center, promised 18 folks a proper Cuba adventure. And that's just what they got.

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  12. Obama plans to use executive power to help normalize relations with CubaRead the original story w/Photo

    Friday | ABA Journal

    Obama plans to lift some restrictions on travel, trade and financial activities despite opposition in Congress, the New York Times reports. There is no indication that Congress will lift a trade embargo, but Obama has concluded he has the authority to take some action on his own.

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  13. TARP Is Finished With Ally FinancialRead the original story w/Photo

    Friday | Investor's Business Daily

    Taxpayers received a total of $19.6 billion on the Ally investment, which is $2.4 billion more than the $17.2 billion that the federal government sank into the troubled company during the depths of the recession in December 2008. As of Nov. 30, the Treasury Department has recovered $440.4 billion - or 103.2% of the dispersed TARP funds - in the program's proceeds, federal officials said.

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  14. Yellen 'unchains' stocks from oilRead the original story w/Photo

    Friday | USA Today

    Federal Reserve Board Chair Janet Yellen speaks during an open session of the Financial Stability Oversight Council, at the Treasury Department on Dec. 18, 2014. The stock market has finally stopped moving in lockstep with what has been a downtrend in oil prices.

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  15. What will happen to interest rates?Read the original story w/Photo

    Friday | The Hill

    With the first indication that the economic recovery that started in 2009 might begin to advantage the average American worker, you could be sure the interest rate hawks were all over the Federal Reserve at its latest quarterly meeting this week to start raising interest rates in anticipation of future inflation. It wasn't going to happen and the reasons go beyond what Chair Janet Yellen told the press.

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  16. Ally Financial (ALLY) Stock Higher Today After Treasury Sells Remaining StakeRead the original story w/Photo

    Friday | TheStreet.com

    The Treasury sold 54.9 million shares at $23.25 per share, generating $1.3 billion, the Treasury said. The sale signified the Treasury's last major Troubled Asset Relief Program investment, the Journal said.

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  17. Nonpartisan, apolitical IRS prepares to blame the GOP for delayed tax refundsRead the original story w/Photo

    Friday | Hot Air

    Budget cuts to the agency, he adds, have forced the IRS to eliminate almost all overtime, implement hiring freezes, and furlough nonessential operatives. It will also likely mean a reduction in taxpayer services like audits and, yes, even the processing of refund checks.

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  18. Government selling last stake in Ally FinancialRead the original story w/Photo

    Friday | MLive.com

    The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis. Detroit-based Ally said Thursday that the Treasury Department is selling its remaining 54.9 million shares.

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  19. United States begins opening itself to CubaRead the original story w/Photo

    Friday | The Columbus Dispatch

    The U.S. hasn't had an embassy in Cuba for more than 50 years, but establishing one might not take much time. Although President Barack Obama's decision on Wednesday to normalize relations with the Castro government in Havana upends long-standing U.S. policy, a State Department official said yesterday that the process of restoring diplomatic ties is "relatively straightforward."

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  20. MetLife says U.S. regulators declared it 'systemically' importantRead the original story

    Friday | Business Insurance

    U.S. regulators have declared insurer MetLife Inc. so big that its failure could destabilize financial markets, a designation that brings extra regulation. MetLife said in a statement on Thursday announcing the designation that it was disappointed by the decision, made by the U.S. Financial Stability Oversight Council, and was considering whether to take the regulators to court over it.

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