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Sen. Johnson endorses treasury nominee Lew

January 30, 2013 in The Daily Republic

WASHINGTON, D.C. Sen. Tim Johnson, who chairs the Senate Banking Committee, has endorsed treasury secretary nominee Jack Lew for the cabinet seat.
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U.S. Treasury Bonds Going Electronic

December 27, 2011 in WDAZ

GRAND FORKS (WDAZ-TV) – Saturday will be the last day paper savings bonds are sold at banks in the United States. Continue Reading

Chrysler repays $7.6 billion in government loans

May 24, 2011 in Grand Forks Herald

U.S. Treasury still owns 8.6 percent of Chrysler; feds unlikely to give all of it backThe repayment expected for weeks is a huge step in the automaker’s unlikely comeback. Chrysler went from a company that almost ran out of cash and survived a 2009 bankruptcy to one that is revamping its aging lineup and last quarter posted its first net profit in five years, a modest $116 million. Continue Reading