Treasury Department - Page 5

Lois Lerner Hard Drive Damaged by ‘Impact’; Inept Workers Blamed for Deleting Data

“Investigators are blaming two IRS workers at a computer center in West Virginia for erasing thousands of emails related to the tax agency’s tea party scandal, impeding congressional investigations into the treatment of conservative political groups,” reports the Associated Press. “The workers might be incompetent, a lead investigator said Thursday, but there is no evidence they were part of a criminal conspiracy to destroy evidence.”

John Hayward
AP Photo/J. Scott Applewhite

Alexander-the-Not-So-Great: Hamilton Out on $10 Bill

The ongoing Women on the 20s campaign has been putting pressure on President Barack Obama and Treasury Secretary Jack Lew to Remove Andrew Jackson from the $20 bill. However, it turns out that the United States Treasury Department had another target: Alexander Hamilton. While removing Jackson from our nation’s currency would be a travesty, diminishing Hamilton is a disgrace.

Jarrett Stepman
hamilton-AP

Obamacare Tax Penalty to Hit Millions

Treasury officials have announced that 3-6 million people will be forced to pay the Obamacare tax penalty for not having health insurance in 2014. This is the first time the Treasury Department has given such an estimate.

Dan Riehl
REUTERS/JONATHAN BACHMAN

Elizabeth Warren Bests Obama on Treasury Department Nominee

Sen. Elizabeth Warren (D-MA) is strongly opposed to Lazard investment banker Antonio Weiss getting a senior spot with the US Treasury Department. To avoid a bruising confirmation that may have bolstered Warren’s profile at the expense of the Obama White House, Weiss has asked that his name be withdrawn and is settling for a less lofty spot.

Dan Riehl
AP Photo/Charles Dharapak

Progressive Group: ‘Stand with Warren Against Obama’

A progressive group founded by Harvard Law professor Lawrence Lessig is calling on Democrats to “stand with Warren against Obama” in opposing Obama’s nomination of Wall Street executive Antonio Weiss — a man who helped raise big bucks for Obama’s political campaigns.

Wynton Hall
REUTERS/GARY CAMERON

Democrats Blast Obama’s Bundler-Turned-Treasury Nominee

Sen. Al Franken (D-MN) has joined ranks with other progressives like Sen. Elizabeth Warren (D-MA) to blast President Barack Obama’s nomination of Antonio Weiss as the Treasury undersecretary for domestic finance–a big money banker and one of Obama’s top campaign bundlers.

Wynton Hall
Al-Franken-AP