Welcome to “The Watchdog,” which will keep a close eye on regulatory agencies and how their actions impact the lives of everyday Americans. Though the rules and regulations they write — from determining how much arsenic is allowable in your…
Tag: Treasury
In an effort to restore a crucial segment of the economy that was wounded in the financial crisis, a former government official is starting a company aimed at helping small banks.Lee Sachs, a former advisor in the Treasury department, is tea…
WASHINGTON — The government said late Monday it had reached a deal to sell its remaining holdings of Citigroup common stock and will end up turning a profit of $12 billion on its bailout of the giant bank.The Treasury Department said t…
A federal watchdog reported Monday that the Obama administration’s signature anti-foreclosure program sometimes causes people to lose their homes to foreclosure — a conclusion that had already been reached by some homeowners and their advoc…
