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The U.S. Treasury Department wants to impose more stringent rules and regulations on large, systemically critical institutions in the United States, as well as the authority to unwind such firms in the event of a possible collapse. In testimony to the...

In a move geared at bringing private investment back to the financial system, the U.S. Treasury has agreed to match private conversions of preferred shares of Citigroup into common equity . Citigroup said it would offer to exchange up to $27.5 billion...

The U.S. Treasury announced guidelines for dealing with financial institutions in need of rescue. The details are based on the Nov. 23 decision to loan $5 billion to Citigroup. The Treasury said eligibility for the program will be considered on a case...

Treasury Secretary Henry Paulson said on Monday the Treasury is developing new programs under the Troubled Asset Relief Program (TARP) and that he's confident the Treasury is pursuing the right strategy. "We are actively engaged in developing...

One of the earliest and most intriguing names to emerge as a possible Secretary of the Treasury in the Obama administration is that of Warren Buffett . Buffet, the chairman of Berkshire Hathaway Corporation and "The Oracle of Omaha" was an early advisor to President-elect Obama during the presidential campaign and in the early days of transition planning. As a non-politician and a philanthropist who is in the process of giving away much of his wealth he is unlikely to make a lot of waves...

The Department of the Treasury, the Federal Deposit Insurance Corporation, and the Federal Reserve issued a joint statement highlighting recent measures taken to bolster the financial system, making recommendations for financial institutions on how to...

It is just beginning, but count on the name Resolution Trust Corporation being invoked more and more as the Treasury Department figures out how to approach its mandate to straighten out the economy and spend the billions of dollars Congress has put in its hands. The Corporation, fondly known as the RTC, was the entity created to resolve the last financial debacle when 1043 savings and loan companies (thrifts), about half the nation's total, failed due to unbridled, ill-advised, and (ahem) unregulated...

Speaking in an interview with CNBC on Monday, U.S. Under Secretary for Domestic Finance Anthony Ryan said good progress is being made on structuring the facilities geared at allowing the Treasury to acquire illiquid assets from financial institutions...