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Tag Archives: treasury department

House panel’s bill would end foreclosure program

WASHINGTON — A House committee plans to write legislation next week ending the Obama administration’s flagship effort for helping struggling homeowners avoid foreclosure and abolishing three other housing assistance programs. At its meeting next Thursday, the highest-profile target of the ...

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Fed pays US Treasury record $78.4B last year

WASHINGTON — The Federal Reserve paid a record $78.4 billion in earnings to the U.S. government last year, reflecting gains from the central bank’s unconventional efforts to lift the economy. The payment to the Treasury Department is the largest since ...

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