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Tag Archives: Department of Treasury

Jerome Powell Nominated Federal Reserve Chairman

Jerome Powell, a Federal Reserve governor since May 2012 with nearly three decades of business experience, has been nominated by President Donald Trump to chair the central bank, the White House announced Thursday. If confirmed, Powell would serve a four-year term beginning Feb. 3, 2018, and succeed current Federal Reserve Chair …

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Profile: Dan Tangherlini, GSA Administrator

Dan Tangherlini was sworn into office as administrator of the General Services Administration, July 5, 2013 and manages all of the agency’s daily operations, programs and policies. Prior to that, he served as the agency’s acting administrator for 15 months following the departure of Martha Johnson. From 2006 to 2009, Tangherlini …

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Jack Lew: US to Reach Debt Limit October 17

Treasury Secretary Jack Lew has told congressional leaders in a letter that the U.S. will not be able to pay off the country’s bills as of Oct. 17 unless Congress raises the debt ceiling. The Treasury began using “final extraordinary measures” Monday to extend the U.S.’ borrowing authority, Lew said …

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Timothy Geithner says Federal Gov to Hit Debt Ceiling on Dec. 31

Timothy Geithner has written a letter to Congress saying the federal government will hit the debt ceiling on Monday, Dec. 31, according to a CNN Money article. As a result, the Treasury Department will begin using extraordinary measures to prevent government borrowing from exceeding limit set by Congress. As of  Monday, …

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Report Suggests Government Revamp Mobile Apps

Federal agencies are struggling to put together mobile applications of substance according to a report released last week from White Horse. NextGov is reporting that several government applications are flawed. The Postal Service’s Tools app is severely flawed in reporting where packages are. The report recommends a website used to …

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