Treasury Department

PayPal

PayPal To Pay $7.7M For Violating US Sanctions Against Iran, Cuba, Sudan

The Office of Foreign Assets Control said PayPal didn’t adequately screen transactions so it could detect those by people or entities subject to sanctions against Iran, Cuba and Sudan.

03/25/2015

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

Barack Obama and Bill Clinton (Photo by Alex Wong/Getty Images)

Opinion: We Are Better Off Than We Were Four Years Ago

Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!

09/06/2012

Solyndra Headquarters in Fremont (Solyndra Inc.)

Solyndra House Hearing Turns Into a Partisan Skirmish

A Friday House hearing into bankrupt solar panel maker Solyndra and its half a billion dollar federal loan guarantee turned into a tense partisan skirmish.

10/14/2011