Latest "Treasury" stories

The Treasury Building is viewed in Washington, May 4, 2021. The U.S. on Thursday imposed sanctions on a group of individuals, firms and vessels connected to an oil smuggling outfit said to benefit the Lebanese militant group Hezbollah and Iran's Revolutionary Guard Corps. (AP Photo/Patrick Semansky, File)

Treasury Department now taking ‘extraordinary measures’ on debt

The TSP previously assured the public that “G Fund investors remain fully protected and G Fund earnings are fully guaranteed by the federal government.”

By Josh Boak

3 weeks ago

On Friday the 13th, debt ceiling looms. What fed retirees should know

Those measures include divesting some payments, such as contributions to federal employees’ retirement plans.

By Fatima Hussein

3 weeks ago

Treasury pitches new rule to lessen paper check payments

The Treasury estimated the average cost of issuing a paper check at 43 cents, while the average EFT payment costs less than 2 cents.

By Molly Weisner

4 weeks ago

US Savings Bond program plagued by understaffing as demand soars

Sen. Tim Kaine’s office confirmed it has heard from Virginians on the issue. Rep. Gerry Connolly’s office said it has fielded about half a dozen calls.

By Molly Weisner

3 months ago

Union vows to seek arbitration after Treasury stops remote work pilot

The National Treasury Employee Union initially filed a grievance against the Bureau of Fiscal Service for abruptly ending negotiations over a remote work.

By Molly Weisner

6 months ago

Union files grievance against US Treasury bureau after talks on remote work stopped

A spokesperson for the bureau said more employees will return onsite in phases over the next several weeks.

By Molly Weisner

7 months ago