By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service is deploying 400 employees to assist with the federal emergency response to Hurricane Ian, including call center services, search and…
By Andrea Shalal WASHINGTON (Reuters) – The Biden administration will not nominate a candidate from the United States to head the Inter-American Development Bank (IDB) after this week’s ouster of…
LONDON (Reuters) -Chris Philp, Britain’s chief secretary to the Treasury, said he disagreed with concerns raised by the International Monetary Fund about the government’s tax-cutting budget that has roiled markets,…
NEW YORK (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Wednesday the Biden administration feels confident about the U.S. economy going forward and that it is possible to…
LONDON (Reuters) – Britain’s deputy finance minister on Saturday played down a historic collapse in the pound and government bonds in response to the country’s new economic growth plan, which…
WASHINGTON (Reuters) – The U.S. Treasury on Thursday acknowledged the Bank of Japan’s intervention in the foreign exchange, but stopped short of endorsing the move. “The Bank of Japan today…
NEW YORK (Reuters) – China increased its holdings of Treasuries in July for the first time in eight months, while Japan reduced its U.S. government debt load, data from the…
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The U.S. Treasury on Friday issued new guidance on a proposed Western price cap on Russian oil exports, saying that maritime…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -The U.S. Treasury is seeking to design a simple compliance regime for enforcing a price cap on Russian oil exports and…
WASHINGTON (Reuters) – The U.S. Treasury on Tuesday announced $408 million in project awards for five states under a COVID-19 capital projects fund for broadband internet access and other public…
By David Lawder WASHINGTON (Reuters) – New U.S. Internal Revenue Service (IRS) hires over the next decade will mainly replace retiring Baby Boomers, answer taxpayer questions and program new computers,…
WASHINGTON (Reuters) – The U.S. Treasury Department said on Friday it approved four additional state plans for the State Small Business Credit Initiative worth $750 million, bringing total approvals under…
(Reuters) – Treasury Wine Estates Ltd posted a 5.3% rise in annual profit on Thursday, as strong U.S. sales and price hikes more than offset a hit from hefty Chinese…
WASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 billion, U.S.…
WASHINGTON – The U.S. Treasury said on Wednesday that it will allow state, local and tribal governments more flexibility to use COVID-19 rescue funds to boost the supply of affordable…
(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to…
By David Lawder WASHINGTON – U.S. Treasury officials said on Monday overall income and jobs figures suggested the economy was in good health and not in a recession, even if…
ROME – Italy is preparing a new stimulus decree worth up to 13 billion euros ($13.3 billion) to help families and firms deal with a surge in electricity, gas and…
By David Lawder WASHINGTON – The U.S. Treasury Department on Monday said it approved nine state plans for the State Small Business Credit Initiative worth $940 million, bringing total approvals…
By Howard Schneider WASHINGTON – Two new analyses from Federal Reserve staff have concluded that strains in the U.S. Treasury market could complicate the central bank’s plans to reduce its…
(Reuters) – The U.S. Treasury said on Thursday it had delivered “a framework” to President Joe Biden for international engagement and an inter-agency approach to address the risks and benefits…
By David Lawder WASHINGTON – U.S. Internal Revenue Service Commissioner Charles Rettig asked the Treasury Department’s internal watchdog to investigate how two former FBI officials vilified by former President Donald…
(Reuters) – Andrew Bailey, the governor of the Bank of England, opposes plans drawn up by Britain’s Treasury to overrule financial regulators, Sky News reported on Saturday. Bailey has expressed…
WASHINGTON – U.S. Treasury Secretary Janet Yellen on July 4 will participate in a U.S. Citizenship and Immigration Services (USCIS) naturalization ceremony for 52 people from 42 countries, including members…
WASHINGTON – A moderate Democrat in the U.S. House of Representatives on Wednesday introduced legislation to require the U.S. Treasury to assess the inflationary impact of tariffs imposed by the…