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September 04, 2015 11:55 AM ET

Diversified Financial Services

Company Overview of United States Department of The Treasury

Company Overview

United States Department of The Treasury (The Treasury Department) is a government institution that provides monetary circulation, economic planning, and financial policies formulation services to the Government of United States of America. The organization manages federal finances and government accounts, collects taxes, issues postage stamps, supervises banks and financial institutions, and formulates economic and trade policies. The Treasury Department was founded in 1789 and is headquartered in Washington, District of Columbia.

1500 Pennsylvania Avenue NW

Washington, DC 20220

United States

Founded in 1789

100,000 Employees

Phone:

202-622-2000

Fax:

202-622-6415

Key Executives for United States Department of The Treasury

Chief Financial Officer, Chief Performance Officer and Assistant Secretary for Management
Chief Operating Officer and Associate Director
Age: 55
Chief Information Officer and Deputy Assistant Secretary for Information Systems
Chief Human Capital Officer and Assistant Director
Inspector General
Compensation as of Fiscal Year 2015.

United States Department of The Treasury Key Developments

Harvest International New Energy and Alter NRG Announce Conclusion of Committee on Foreign Investment in the United States Investigation

Alter NRG Corp. and Harvest International New Energy Co. Ltd. announced that they have received written confirmation from the Committee on Foreign Investment in the United States that it has completed its investigation in respect of the notice submitted by Alter NRG and 1030629 B.C. Ltd., a wholly-owned subsidiary of Harvest, in respect of the offer by the Offeror to acquire all of the issued and outstanding common shares of Alter NRG for CAD 5.00 in cash per share. CFIUS has determined that there are no unresolved national security concerns with respect to the offer and has concluded its action under Section 721 of the Defense Production Act of 1950, as amended. The offer is open for acceptance until 5:00 p.m. on July 24, 2015, unless further extended or withdrawn in accordance with the support agreement entered into in connection with the Offer. As approximately 75% of the issued and outstanding Common Shares have been deposited under the offer, all conditions to the Offer have been satisfied as at the date of this news release. The Offeror intends to take up and pay for all Common Shares validly deposited to the offer and not properly withdrawn from the Offer not later than three business days following the expiry of the Offer on July 24, 2015, provided all conditions of the offer remain satisfied. Alter NRG shareholders are urged to tender their common shares, to the extent they have not already done so, prior to the expiry of the Offer at 5:00 p.m. on July 24, 2015 in order to receive payment for their shares sooner rather than later.

Federal Funding for Slater Resumes

CommerceRI and the Slater Technology Fund announced that the U.S. Treasury Department has authorized resumption of funding under the $13.1- million State Small Business Credit Initiative (SSBCI) grant originally awarded to Rhode Island in September, 2011. That year, the state received the first tranche of funding in the amount of $4.3 million, substantially all of which was deployed in Rhode Island’s three SSBCI-approved programs. Recently, Treasury released the second tranche of funding in the amount of $4.3 million, which will be used to support Slater’s ongoing SSBCI program. Slater was allocated an aggregate of $9 million of the $13.1 million award, of which $1.9 million had been received prior to the most recent advance. Key objectives of Treasury’s SSBCI program include the support of ventures that involve co-investment of private capital alongside SSBCI funding and have reasonable expectation of generating 10X or more in additional investment from private investors over the life of the program.

United States Department of The Treasury Presents at The Bond Buyer's National Outlook 2015 Conference, Jan-27-2015

United States Department of The Treasury Presents at The Bond Buyer's National Outlook 2015 Conference, Jan-27-2015. Venue: Metropolitan Club, One East 60th Street, New York, NY 10022-1054, United States. Presentation Date & Speakers: Jan-27-2015, John Cross, Associate Tax Legislative Counsel, Kent Hiteshew, Director, Office of State and Local Finance.

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