The Treasury Department has been slow to set up rules for its Gulf Coast trust fund, potentially...

|By:, SA News Editor

The Treasury Department has been slow to set up rules for its Gulf Coast trust fund, potentially delaying billions of dollars in payments to repair economic and environmental damages from the 2010 Deepwater Horizon oil spill, the department's inspector general says. Last month, the fund received its first payment - $320M from Transocean (RIG) - which is now accruing interest.