from The Great Debate:

Ending the debt limit crisis: Dear Ben Bernanke

October 9, 2013

Warren Buffett calls the debt ceiling a “nuclear weapon, too horrible to use.” Obama administration official Jason Furman says the consequence of a default on U.S. government debt is “too terrible to think about.” When asked about a default, Wells Fargo strategist James Kochan simply commented, “Holy cripes.”

from Unstructured Finance:

Goldman, AIG and the government renew their friendship

April 15, 2013

Scanning Goldman Sachs’s newly published interactive annual report on Monday, Unstructured Finance had to do a double-take upon seeing American International Group highlighted as a client success story.

from Unstructured Finance:

One more try at the Great Refi

February 12, 2013

By Matthew Goldstein

Don't be surprised if President Obama includes a line or two in his State of Union address this evening about the need for a plan to allow millions of struggling homeowners whose mortgages are packaged into so-called private label mortgage-backed securities to get a chance to either refinance their loans or restructure them.

from Tales from the Trail:

Geithner tells Congress: calling China names doesn’t get you anywhere

September 16, 2010

U.S. lawmakers are mad and want Treasury Secretary Timothy Geithner to step in and call China a name -- "currency manipulator" -- which may not sound like much on city streets but can be quite an insult in world financial circles.

from Financial Regulatory Forum:

US Treasury will close Capital Assistance Program

November 9, 2009

WASHINGTON, Nov 9 (Reuters) - The U.S. Treasury Department said on Monday it will immediately close its Capital Assistance Program, set up last spring for bank stress tests, because the only firm needing taxpayer funds will use an auto industry support program instead.

from Financial Regulatory Forum:

U.S. banks give nod to prepaying fees, seek tweaks

November 3, 2009

By Karey Wutkowski
WASHINGTON, Nov 3 (Reuters) - U.S. banks are lauding regulators for avoiding another emergency fee to replenish the deposit insurance fund, but are suggesting tweaks to a plan for them to prepay three years of regular assessments.

from Commentaries:

Don’t worry about the weak dollar

October 13, 2009

By John M. Berry

There's no way to shut off the incessant warnings about a weak dollar from foreign officials and some economists, but it's perfectly safe to ignore them.

from Financial Regulatory Forum:

US Treasury to say 3 more funds to buy toxic assets

October 5, 2009

WASHINGTON, Oct 5 (Reuters) - The U.S. Treasury Department will announce on Monday that three more funds have met requirements to get government financing that will let them begin purchases of banks' so-called toxic assets.

from Financial Regulatory Forum:

Cross-border resolution of troubled banks may be hard – U.S. Fed’s Tarullo

September 30, 2009

Federal Reserve Board of Governors member Daniel Tarullo looks down during his testimony at the Senate Banking Committee on Capitol Hill in Washington,July 23, 2009. (file photo)      REUTERS/Larry Downing (UNITED STATES POLITICS BUSINESS IMAGES OF THE DAY) WASHINGTON, Sept 30 (Reuters) - A member of the U.S. Federal Reserve Board of Governors said on Wednesday it may be difficult to find international consensus on cross-border unwinding of troubled financial institutions.

from Financial Regulatory Forum:

SCENARIOS-US weighs how to rebuild depleted bank insurance fund

September 22, 2009

Federal Deposit and Insurance Corporation (FDIC) Chairman Sheila Bair,  June 17, 2009. By Karey Wutkowski
WASHINGTON, Sept 22 (Reuters) - U.S. bank regulators plan to meet next week to propose options for replenishing the insurance fund used to safeguard bank deposits, including tapping a line of credit with the Treasury Department.