United States Department of the Treasury


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United States Department of the Treasury

The department of the federal government responsible for the printing of money, the collection of taxes, the regulation of banks, and the management of public debt. Created in 1789, the U.S. Treasury issues Treasury securities, which is debt that the American government uses to pay for some of its functions. It also administers the Internal Revenue Service, which collects taxes and decides how tax laws and regulations are enforced, and the U.S. Mint, which prints and disburses currency. The Treasury Department is responsible for investigating and prosecuting certain financial crimes, such as tax evasion and counterfeiting. It is headed by the Secretary of the Treasury, who is appointed by the President with the consent of the Senate.
References in periodicals archive ?
NASDAQ: BCSB) repurchased from United States Department of the Treasury a warrant to purchase 183,465 shares of the company's common stock at an exercise price of USD8.
The $78 million in capital raised included a $40 million private placement of common stock and $38 million of preferred stock from the United States Department of the Treasury under the Small Business Lending Fund ("SBLF").
Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, a Virginia state bank with 21 full-service offices, has said that it has repurchased the warrant that had been associated with the company's TARP preferred stock investment, from the United States Department of the Treasury.
4 March 2013 -- New York-based insurer American International Group Inc (NYSE: AIG) said that it completed the repurchase of warrants issued to the United States Department of the Treasury in 2008 and 2009.
The holding company for Essex Bank repurchased the warrants from the United States Department of the Treasury and paid USD780,000 to make the repurchase.
NASDAQ: CZFC) reported it repurchased from the United States Department of the Treasury an additional 94 shares of the original 250 shares of the series A Fixed Rate Cumulate Perpetual preferred stock that the company had issued to the Treasury in 2008 under the TARP Capital Purchase Program of the Emergency Economic Stabilization Act of 2008.
5 million in the Company's preferred stock from the United States Department of the Treasury under the Small Business Lending Fund (the "SBLF").
Glen Allen-based Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, has said that it has repaid an additional USD2,500,000 of its TARP preferred stock investment from the United States Department of the Treasury.
The shares are being redeemed from third-parties that purchased the preferred stock from the United States Department of the Treasury in a modified Dutch auction in March 2012.
The United States Department of the Treasury is selling 12 million shares of common stock; funds affiliated with Thomas H.

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