Quotes About Treasury

After subtracting our operating expenses, we remit our profits to the Treasury, in turn reducing the federal deficit.

The Fed is normally very profitable, since we typically earn a higher interest rate on our Treasury and mortgage-backed securities than we pay on the bank reserves that finance our holdings

But at some point a strengthening economy and rising inflation pressures would presumably force us to raise short-term interest rates. It was possible to end up temporarily paying more interest on banks' reserves than we earned on the securities we held, which in turn might lead to several years in which we had little or no profits to remit to the Treasury.

In buying Treasury securities, our ultimate goal was to precipitate a broad reduction in the cost of credit.†

while the effect of Treasury purchases would be more broad-based.)

What he had was unqualified support from heavy hitters including former Treasury secretaries Larry Summers and Bob Rubin, as well as the chairman of the New York Fed's board—Pete Peterson, a former commerce secretary under

For most investors, bond funds beat individual bonds hands down (the main exceptions are Treasury securities and some municipal bonds). Major firms like Vanguard, Fidelity, Schwab, and T. Rowe Price offer a broad menu of bond funds at low cost.9

Politics were so very simple, the Cardinal thought, just so long as a man believed no one, double-crossed everyone, kept a full treasury, and inveigled others into doing the dirty work.

French desecrated the cathedral. They plundered the treasury and tore down most of the screens.

One theory had it that Harry Dexter White, the former Treasury Department official who went on to become director of the International Monetary Fund, stole U.S. Mint engraving plates so that Communism could flood the country with excess currency.)

I saw that my witticism was unperceived and quietly replaced it in the treasury of my mind.

The wind of righteous adventure that had begun to sweep through the square subsided as this secret captain and master of the accumulated lore of soldierly skepticism began to explain that any king who controlled both the treasury and the army was, in the eyes of the world, legitimate, and that while no one could know the mind of God, the Almighty had in the past shown a marked tendency, in his view, to ratify public opinion.

Most people also think that the I.R.S. is a governmental agency, but it is not. It is privately owned and has no organizational or legal ties to the US Treasury Department.

There is no only when it comes to goodness and joy. The smallest amount is as large as the universe, and one boy saved from a pit is a precious work beyond that of any king's treasury.

Memory is the treasury and guardian of all things.

The budget should be balanced, the treasury should be refilled, the public debt should be reduced and the arrogance of public officials should be controlled.

Prosperity cannot be restored by raids upon the public Treasury.

Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large.

As Chief Secretary to the Treasury, my first responsibility is to the taxpayer.

In fact, in 2002, the Secretary of Defense authorized such support on a reimbursable basis to organizations formerly components of the Department of Justice and Department of the Treasury and currently components of the Department of Homeland Security.

If you need to put your money in a safe and secure place and you want it to earn interest, Treasury bonds are safer than putting it in any bank as a deposit or putting it anywhere else, because they are backed by the full faith and credit of the United States Government.

The Government Securities Act gave the Treasury Department some rulemaking authority over all government securities brokers and dealers. But the act also required these firms to register with the SEC.

My father-in-law just happens to be a global procurement guru. Now retired, he was the global head of procurement for some of the biggest companies in the world as well as our very own treasury.

You can't fall back on the private sector and say, 'You take care of the nation's banking system.' That's a fundamental function of the government, the Federal Reserve, the Treasury and the FDIC, etc. All of those agencies have a major role to play there.