The Capital Purchase Program (CPP) was an initiative under the Troubled Asset Relief Program (TARP) to stabilize the financial system by reinforcing the solvency of major banks through purchasing preferred stock and equity warrants.
The debt ceiling is the maximum amount of money that the federal government is allowed to borrow. When the federal government approaches the ceiling, Congress must raise it in order to authorize additional borrowing and the issuance of new debt by the Treasury.
Enrolled Agents (EAs) in the United States are individuals recognized by the Treasury Department as credentialed tax professionals who are authorized to represent taxpayers before the Internal Revenue Service (IRS).
The Federal Register is a daily publication by the U.S. government that prints regulations from various governmental agencies including the Treasury Department, Housing and Urban Development, and the Environmental Protection Agency.
Official interpretations of the Internal Revenue Code (IRC) issued by the Treasury Department (IRS) that have the force and effect of law to guide taxpayers and tax professionals.
Series I Bonds are accrual-type securities designed for investors seeking to protect the purchasing power of their investment and earn a guaranteed real rate of return. They are characterized by inflation-indexed earnings that adjust over time.
The trading desk at the New York Federal Reserve Bank is the operational arm of the Federal Open Market Committee (FOMC), responsible for executing all transactions undertaken by the Federal Reserve System in the money market and government securities market. It also serves as the Treasury Department's monitor and handles foreign exchange market transactions.
The Treasury Department is an executive department of the U.S. government responsible for managing national finances, including collecting taxes, paying bills, and managing currency, government accounts, and public debt. It aims to promote economic growth and stability.
A U.S. Savings Bond is a government bond issued by the U.S. Department of the Treasury designed to provide savings and investment options for American citizens.
