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Federal Deposit Insurance Corporation Improvement Act of 1991

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The Federal Deposit Insurance Corporation Improvement Act of 1991 ( FDICIA , Pub. L.   102–242 ), passed during the savings and loan crisis in the United States, strengthened the power of the Federal Deposit Insurance Corporation .

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65-523: It allowed the FDIC to borrow directly from the Treasury department and mandated that the FDIC resolve failed banks using the least costly method available. It also ordered the FDIC to assess insurance premiums according to risk and created new capital requirements. Title I, § 131(a), Prompt Corrective Action , mandates progressive penalties against banks that exhibit progressively deteriorating capital ratios. At

130-482: A , which is used for personal nouns; so, " a Pita " means "Peter". In Māori, when the personal nouns have the definite or indefinite article as an important part of it, both articles are present; for example, the phrase " a Te Rauparaha ", which contains both the proper article a and the definite article Te refers to the person name Te Rauparaha . The definite article is sometimes also used with proper names, which are already specified by definition (there

195-549: A part of speech . In English , both "the" and "a(n)" are articles, which combine with nouns to form noun phrases. Articles typically specify the grammatical definiteness of the noun phrase, but in many languages, they carry additional grammatical information such as gender , number , and case . Articles are part of a broader category called determiners , which also include demonstratives , possessive determiners , and quantifiers . In linguistic interlinear glossing , articles are abbreviated as ART . A definite article

260-494: A Continental ". The office has, since the late 18th century, been customarily referred to as the singular "Treasury", without any preceding article , as a remnant of the country's transition from British to American English . For example, the department notes its guiding purpose as "Treasury's mission" instead of "the Treasury's mission." Robert Morris was designated Superintendent of Finance in 1781 and restored stability to

325-537: A Department of Treasury, in which shall be the following officers, namely: a Secretary of the Treasury, to be deemed head of the department; a Comptroller, an Auditor, a Treasurer, a Register, and an Assistant to the Secretary of the Treasury , which assistant shall be appointed by the said Secretary. Alexander Hamilton took the oath of office as the first secretary of the treasury on September 11, 1789. Hamilton had served as George Washington 's aide-de-camp during

390-411: A box filled with U.S. currency, including a number of thousand-dollar bills, and reported it to Secretary Spinner. U.S. President Abraham Lincoln subsequently honored her with a commendation for her actions, and the federal government rewarded her with an appointment for life as a messenger with its Department of Issues. The U.S. Congress transferred several agencies that had previously been under

455-546: A class of determiner ; they are used in French and Italian in addition to definite and indefinite articles. (In Finnish and Estonian , the partitive is indicated by inflection.) The nearest equivalent in English is some , although it is classified as a determiner , and English uses it less than French uses de . Haida has a partitive article (suffixed -gyaa ) referring to "part of something or... to one or more objects of

520-674: A definite article (which has survived into Modern Greek and which bears strong functional resemblance to the German definite article, which it is related to), the earlier Homeric Greek used this article largely as a pronoun or demonstrative, whereas the earliest known form of Greek known as Mycenaean Greek did not have any articles. Articles developed independently in several language families. Not all languages have both definite and indefinite articles, and some languages have different types of definite and indefinite articles to distinguish finer shades of meaning: for example, French and Italian have

585-624: A determiner. In English, the zero article rather than the indefinite is used with plurals and mass nouns , although the word "some" can be used as an indefinite plural article. Articles are found in many Indo-European languages , Semitic languages (only the definite article) , and Polynesian languages ; however, they are formally absent from many of the world's major languages including Chinese , Japanese , Korean , Mongolian , many Turkic languages (including Tatar , Bashkir , Tuvan and Chuvash ), many Uralic languages (incl. Finnic and Saami languages ), Hindi-Urdu , Punjabi , Tamil ,

650-408: A given group or category," e.g., tluugyaa uu hal tlaahlaang "he is making a boat (a member of the category of boats)." A negative article specifies none of its noun, and can thus be regarded as neither definite nor indefinite. On the other hand, some consider such a word to be a simple determiner rather than an article. In English, this function is fulfilled by no , which can appear before

715-453: A move in the other direction occurred with The Gambia . In certain languages, such as French and Italian, definite articles are used with all or most names of countries: la France , le Canada , l'Allemagne ; l'Italia , la Spagna , il Brasile . If a name [has] a definite article, e.g. the Kremlin , it cannot idiomatically be used without it: we cannot say Boris Yeltsin

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780-476: A particular man. The word he , which is the indefinite article in Tokelauan, is used to describe ‘any such item’, and is encountered most often with negatives and interrogatives. An example of the use of he as an indefinite article is “ Vili ake oi k'aumai he toki ”, where ‘ he toki ’ mean ‘ an axe ’. The use of he and te in Tokelauan are reserved for when describing a singular noun. However, when describing

845-447: A partitive article used for indefinite mass nouns , whereas Colognian has two distinct sets of definite articles indicating focus and uniqueness, and Macedonian uses definite articles in a demonstrative sense, with a tripartite distinction (proximal, medial, distal) based on distance from the speaker or interlocutor. The words this and that (and their plurals, these and those ) can be understood in English as, ultimately, forms of

910-406: A plural noun, different articles are used. For plural definite nouns, rather than te , the article nā is used. ‘ Vili ake oi k'aumai nā nofoa ’ in Tokelauan would translate to “ Do run and bring me the chairs ” in English. There are some special cases in which instead of using nā , plural definite nouns have no article before them. The absence of an article is represented by 0 . One way that it

975-529: A singular or plural noun: In German , the negative article is, among other variations, kein , in opposition to the indefinite article ein . The equivalent in Dutch is geen : The zero article is the absence of an article. In languages having a definite article, the lack of an article specifically indicates that the noun is indefinite. Linguists interested in X-bar theory causally link zero articles to nouns lacking

1040-692: A transitional remnant from British to American English . Hamilton's portrait appears on the obverse of the ten-dollar bill , while the Treasury Building in Washington, D.C. is depicted on the reverse . The history of the Department of the Treasury began in the turmoil of the American Revolution , when the Continental Congress at Philadelphia deliberated the crucial issue of financing

1105-457: A war of independence against Great Britain . The Congress had no power to levy and collect taxes, nor was there a tangible basis for securing funds from foreign investors or governments. The delegates resolved to issue paper money in the form of bills of credit , promising redemption in coin on faith in the revolutionary cause. On June 22, 1775, only a few days after the Battle of Bunker Hill ,

1170-627: Is just one of them). For example: the Amazon, the Hebrides . In these cases, the definite article may be considered superfluous. Its presence can be accounted for by the assumption that they are shorthand for a longer phrase in which the name is a specifier, i.e. the Amazon River , the Hebridean Islands . Where the nouns in such longer phrases cannot be omitted, the definite article is universally kept:

1235-499: Is stalas , the white table. Languages in the above table written in italics are constructed languages and are not natural, that is to say that they have been purposefully invented by an individual (or group of individuals) with some purpose in mind. When using a definite article in Tokelauan language , unlike in some languages like English, if the speaker is speaking of an item, they need not have referred to it previously as long as

1300-649: Is a stub . You can help Misplaced Pages by expanding it . United States Department of the Treasury The Department of the Treasury ( USDT ) is the national treasury and finance department of the federal government of the United States , where it serves as an executive department . The department oversees the Bureau of Engraving and Printing and the U.S. Mint . These two agencies are responsible for printing all paper currency and minting coins , while

1365-465: Is a member of the Cabinet . The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes . The department was established by an Act of Congress in 1789 to manage government revenue . The first secretary of the treasury was Alexander Hamilton , who

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1430-443: Is an article that marks a definite noun phrase . Definite articles, such as the English the , are used to refer to a particular member of a group. It may be something that the speaker has already mentioned, or it may be otherwise something uniquely specified. For example, Sentence 1 uses the definite article and thus, expresses a request for a particular book. In contrast, Sentence 2 uses an indefinite article and thus, conveys that

1495-599: Is considered to be a Germanism . The definite article sometimes appears in American English nicknames such as "the Donald", referring to former president Donald Trump , and "the Gipper", referring to former president Ronald Reagan . A partitive article is a type of article, sometimes viewed as a type of indefinite article, used with a mass noun such as water , to indicate a non-specific quantity of it. Partitive articles are

1560-617: Is in Kremlin . Some languages use definite articles with personal names , as in Portuguese ( a Maria , literally: "the Maria"), Greek ( η Μαρία , ο Γιώργος , ο Δούναβης , η Παρασκευή ), and Catalan ( la Núria , el / en Oriol ). Such usage also occurs colloquially or dialectally in Spanish , German , French , Italian and other languages. In Hungarian , the colloquial use of definite articles with personal names, though widespread,

1625-414: Is unknown or unimportant. Indefinites also have predicative uses: Indefinite noun phrases are widely studied within linguistics, in particular because of their ability to take exceptional scope . A proper article indicates that its noun is proper , and refers to a unique entity. It may be the name of a person, the name of a place, the name of a planet, etc. The Māori language has the proper article

1690-412: Is usually used is if a large amount or a specific class of things are being described. Occasionally, such as if one was describing an entire class of things in a nonspecific fashion, the singular definite noun te would is used. In English, ‘ Ko te povi e kai mutia ’ means “ Cows eat grass ”. Because this is a general statement about cows, te is used instead of nā . The ko serves as a preposition to

1755-604: The American Revolutionary War and was influential in the ratification of the Constitution. Hamilton's financial and managerial acumen made him a logical choice for addressing the problem of the new nation's heavy war debt . His first official act as secretary was to submit a report to Congress in which he laid the foundation for the nation's financial health. To the surprise of many legislators, he insisted upon federal assumption and dollar-for-dollar repayment of

1820-567: The Baltic languages , the majority of Slavic languages , the Bantu languages (incl. Swahili ). In some languages that do have articles, such as some North Caucasian languages , the use of articles is optional; however, in others like English and German it is mandatory in all cases. Linguists believe the common ancestor of the Indo-European languages , Proto-Indo-European , did not have articles. Most of

1885-546: The Bank of the United States , which acted as the government's fiscal agent . The Department of Treasury believes their seal was created by Francis Hopkinson , the treasurer of loans. He submitted bills to Congress in 1780 that authorized the design of department seals, including a seal for the Board of Treasury. While it is not certain that Hopkinson designed the seal, it closely resembles others he created. In 1861, Sophia Holmes became

1950-658: The Department of Justice as the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE). The regulatory and tax collection functions of ATF related to legitimate traffic in alcohol and tobacco remained with the treasury at its new Alcohol and Tobacco Tax and Trade Bureau (TTB). Effective March 1, 2003, the Federal Law Enforcement Training Center , the United States Customs Service , and

2015-517: The United States Secret Service were transferred to the newly created Department of Homeland Security ("DHS") . In 2020, the Treasury suffered a data breach following a cyberattack likely conducted by a nation state adversary , possibly Russia. This was in fact the first detected case of the much wider 2020 United States federal government data breach , which involved at least eight federal departments. The basic functions of

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2080-427: The , or it could also translate to the English indefinite article a . An example of how the definite article te can be used as an interchangeable definite or indefinite article in the Tokelauan language would be the sentence “ Kua hau te tino ”. In the English language, this could be translated as “ A man has arrived ” or “ The man has arrived ” where using te as the article in this sentence can represent any man or

2145-520: The Basque speakers"). Speakers of Assyrian Neo-Aramaic , a modern Aramaic language that lacks a definite article, may at times use demonstratives aha and aya (feminine) or awa (masculine) – which translate to "this" and " that ", respectively – to give the sense of "the". In Indonesian , the third person possessive suffix -nya could be also used as a definite article. Indefinite articles typically arise from adjectives meaning one . For example,

2210-541: The Continental Congress issued $ 2 million in bills; on July 25, 28 citizens of Philadelphia were employed by Congress to sign and number the currency. On July 29, 1775, the Second Continental Congress assigned the responsibility for the administration of the revolutionary government's finances to joint Continental treasurers George Clymer and Michael Hillegas . Congress stipulated that each of

2275-666: The Department of the Treasury include: With respect to the estimation of revenues for the executive branch , Treasury serves a purpose parallel to that of the Office of Management and Budget for the estimation of spending for the executive branch, the Joint Committee on Taxation for the estimation of revenues for Congress, and the Congressional Budget Office for the estimation of spending for Congress. From 1830 until 1901, responsibility for overseeing weights and measures

2340-461: The Northumbrian dialect), or þæt (neuter). The neuter form þæt also gave rise to the modern demonstrative that . The ye occasionally seen in pseudo-archaic usage such as " Ye Olde Englishe Tea Shoppe" is actually a form of þe , where the letter thorn ( þ ) came to be written as a y . Multiple demonstratives can give rise to multiple definite articles. Macedonian , for example, in which

2405-625: The United States , the People's Republic of China . This distinction can sometimes become a political matter: the former usage the Ukraine stressed the word's Russian meaning of "borderlands"; as Ukraine became a fully independent state following the collapse of the Soviet Union , it requested that formal mentions of its name omit the article. Similar shifts in usage have occurred in the names of Sudan and both Congo (Brazzaville) and Congo (Kinshasa) ;

2470-645: The aegis of the Treasury Department to other departments as a consequence of the September 11 attacks . Effective January 24, 2003, the Bureau of Alcohol, Tobacco and Firearms (ATF), which had been a bureau of the department since 1972, was extensively reorganized under the provisions of the Homeland Security Act of 2002 . The law enforcement functions of ATF, including the regulation of legitimate traffic in firearms and explosives , were transferred to

2535-651: The article. Some languages (such as the continental North Germanic languages , Bulgarian or Romanian ) have definite articles only as suffixes . An indefinite article is an article that marks an indefinite noun phrase . Indefinite articles are those such as English " a " or "an", which do not refer to a specific identifiable entity. Indefinites are commonly used to introduce a new discourse referent which can be referred back to in subsequent discussion: Indefinites can also be used to generalize over entities who have some property in common: Indefinites can also be used to refer to specific entities whose precise identity

2600-486: The articles are suffixed, has столот ( stolot ), the chair; столов ( stolov ), this chair; and столон ( stolon ), that chair. These derive from the Proto-Slavic demonstratives *tъ "this, that", *ovъ "this here" and *onъ "that over there, yonder" respectively. Colognian prepositions articles such as in dat Auto , or et Auto , the car; the first being specifically selected, focused, newly introduced, while

2665-554: The colonies contribute to the Continental government's funds. To ensure proper and efficient handling of the growing national debt in the face of weak economic and political ties between the colonies, the Congress, on February 17, 1776, designated a committee of five to superintend the treasury, settle accounts , and report periodically to the Congress. On April 1, a Treasury Office of Accounts, consisting of an auditor general and clerks ,

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2730-467: The country's $ 75 million debt in order to revitalize the public credit : "[T]he debt of the United States was the price of liberty. The faith of America has been repeatedly pledged for it, and with solemnities that give peculiar force to the obligation." Hamilton foresaw the development of industry and trade in the United States, suggesting that government revenues be based upon customs duties . His sound financial policies also inspired investment in

2795-439: The default definite article, whereas the proximal form (with infix -o- , derived from the proximal demonstrative hau-/hon- ) is marked and indicates some kind of (spatial or otherwise) close relationship between the speaker and the referent (e.g., it may imply that the speaker is included in the referent): etxeak ("the houses") vs. etxeok ("these houses [of ours]"), euskaldunak ("the Basque speakers") vs. euskaldunok ("we,

2860-773: The definite article the (whose declension in Old English included thaes , an ancestral form of this/that and these/those). In many languages, the form of the article may vary according to the gender , number , or case of its noun. In some languages the article may be the only indication of the case. Many languages do not use articles at all, and may use other ways of indicating old versus new information, such as topic–comment constructions. Plural: -ene, -ne (all suffixes) एउटा , एउटी , एक , अनेक , कुनै Plural: -ene, -a (all suffixes) Plural: -ane, -ene, -a (all suffixes) Plural: -na, -a, -en (all suffixes) The following examples show articles which are always suffixed to

2925-450: The definite article": Definite articles (Stage I) evolve from demonstratives, and in turn can become generic articles (Stage II) that may be used in both definite and indefinite contexts, and later merely noun markers (Stage III) that are part of nouns other than proper names and more recent borrowings. Eventually articles may evolve anew from demonstratives. Definite articles typically arise from demonstratives meaning that . For example,

2990-511: The definite articles in most Romance languages —e.g., el , il , le , la , lo, a, o — derive from the Latin demonstratives ille (masculine), illa (feminine) and illud (neuter). The English definite article the , written þe in Middle English , derives from an Old English demonstrative, which, according to gender , was written se (masculine), seo (feminine) ( þe and þeo in

3055-556: The details ( http://www.kansascityfed.org/publicat/bankingregulation/RegsBook2000.pdf ). In an interview on Bill Moyers Journal broadcast April 3, 2009, former bank regulator William K. Black asserted that federal officials were ignoring the PCA law requiring them to put insolvent banks into receivership. The PCA law applies only to institutions insured by the FDIC and therefore would not affect, for better or worse, companies such as AIG. This United States federal legislation article

3120-568: The finances of the confederation of former colonies until September 1789. The First United States Congress convened in New York City on March 4, 1789, marking the beginning of government under the U.S. Constitution . On September 2, 1789, Congress created a permanent institution for the management of government finances: Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there shall be

3185-519: The first Black woman to be employed by the Treasury Department and by the Federal government of the United States when Senator Henry Wilson , James G. Blaine and others advocated for her hiring as a janitor under Secretary of the Treasury Francis Spinner . She was paid fifteen dollars per month. In 1862, she prevented a major theft from the department of more than $ 200,000 when she came across

3250-413: The formulation of policy and management of the department as a whole, while the operating bureaus carry out the specific operations assigned to the department. The Treasury Department has authorized a budget for Fiscal Year 2024 of $ 16.5 billion. The budget authorization is broken down as follows: In the latest Center for Effective Government analysis of the fifteen federal agencies that receive

3315-521: The indefinite articles in the Romance languages —e.g., un , una , une —derive from the Latin adjective unus . Partitive articles, however, derive from Vulgar Latin de illo , meaning (some) of the . The English indefinite article an is derived from the same root as one . The -n came to be dropped before consonants, giving rise to the shortened form a . The existence of both forms has led to many cases of juncture loss , for example transforming

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3380-401: The item is specific. This is also true when it comes to the reference of a specific person. So, although the definite article used to describe a noun in the Tokelauan language is te , it can also translate to the indefinite article in languages that requires the item being spoken of to have been referenced prior. When translating to English, te could translate to the English definite article

3445-494: The languages in this family do not have definite or indefinite articles: there is no article in Latin or Sanskrit , nor in some modern Indo-European languages, such as the families of Slavic languages (except for Bulgarian and Macedonian , which are rather distinctive among the Slavic languages in their grammar, and some Northern Russian dialects ), Baltic languages and many Indo-Aryan languages . Although Classical Greek had

3510-407: The latter is not selected, unfocused, already known, general, or generic. Standard Basque distinguishes between proximal and distal definite articles in the plural (dialectally, a proximal singular and an additional medial grade may also be present). The Basque distal form (with infix -a- , etymologically a suffixed and phonetically reduced form of the distal demonstrative har-/hai- ) functions as

3575-460: The lower extreme, a critically undercapitalized Federal Deposit Insurance Corporation (FDIC)-regulated institution (i.e., one with a ratio of total capital / assets below 2%) is required to be taken into receivership by the FDIC in order to minimize long-term losses to the FDIC. The motivation behind the law is to provide incentives for banks to address problems while they are still small enough to be manageable. Spong (2000, pages 90–95) summarizes

3640-427: The most Freedom of Information Act FOIA requests, published in 2015 (using 2012 and 2013 data, the most recent years available), the treasury failed to earn a satisfactory overall grade. Article (grammar) In grammar , an article is any member of a class of dedicated words that are used with noun phrases to mark the identifiability of the referents of the noun phrases. The category of articles constitutes

3705-418: The nation's finances. Morris, a wealthy colonial merchant , was nicknamed "the financier" because of his reputation for procuring funds or goods on a moment's notice. His staff included a comptroller , a treasurer , a register , and auditors , who managed the country's finances through 1784, when Morris resigned because of ill health. The treasury board, consisting of three commissioners, continued to oversee

3770-414: The noun: Examples of prefixed definite articles: A different way, limited to the definite article, is used by Latvian and Lithuanian . The noun does not change but the adjective can be defined or undefined. In Latvian: galds , a table / the table; balt s galds , a white table; balt ais galds , the white table. In Lithuanian: stalas , a table / the table; balt as stalas , a white table; baltas

3835-425: The speaker would be satisfied with any book. The definite article can also be used in English to indicate a specific class among other classes: However, recent developments show that definite articles are morphological elements linked to certain noun types due to lexicalization . Under this point of view, definiteness does not play a role in the selection of a definite article more than the lexical entry attached to

3900-475: The treasury executes currency circulation in the domestic fiscal system. It collects all federal taxes through the Internal Revenue Service ; manages U.S. government debt instruments ; licenses and supervises banks and thrift institutions ; and advises the legislative and executive branches on matters of fiscal policy . The department is administered by the secretary of the treasury , who

3965-557: The “ te ” The article ni is used for describing a plural indefinite noun. ‘ E i ei ni tuhi? ’ translates to “ Are there any books? ” Articles often develop by specialization of adjectives or determiners . Their development is often a sign of languages becoming more analytic instead of synthetic , perhaps combined with the loss of inflection as in English, Romance languages, Bulgarian, Macedonian and Torlakian. Joseph Greenberg in Universals of Human Language describes "the cycle of

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4030-546: Was carried out by the Office of Standard Weights and Measures under the auspices of the Treasury Department. After 1901, that responsibility was assigned to the agency that subsequently became known as the National Institute of Standards and Technology . The Department of the Treasury is organized into two major components: the departmental offices and the operating bureaus. The departmental offices are primarily responsible for

4095-567: Was established to facilitate the settlement of claims and to keep the public accounts for the government of the United Colonies. With the signing of the Declaration of Independence on July 4, 1776, the newborn republic as a sovereign nation was able to secure loans from abroad. Despite the infusion of foreign and domestic loans, the united colonies were unable to establish a well-organized agency for financial administration. Michael Hillegas

4160-401: Was first called Treasurer of the United States on May 14, 1777. The Treasury Office was reorganized three times between 1778 and 1781. The $ 241.5 million in paper Continental bills devalued rapidly. By May 1781, the dollar collapsed at a rate of from 500 to 1000 to 1 against hard currency . Protests against the worthless money swept the colonies, giving rise to the expression " not worth

4225-508: Was sworn into office on September 11, 1789. Hamilton was appointed by President George Washington on the recommendation of Robert Morris , Washington's first choice for the position, who had declined the appointment. Hamilton established the nation's early financial system and for several years was a major presence in Washington's administration . The department is customarily referred to as "Treasury", solely, without any preceding article –

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