Obama Treasury Official Blames Federal Spending For Inflation Crisis Ailan Evans on February 17, 2022 Former Obama administration economic official Steven Rattner pushed back on President Joe Biden’s explanation of…
By Andrea Shalal WASHINGTON – The U.S. Treasury Department on Friday rejected an appeal by 18 Democratic lawmakers who want the International Monetary Fund (IMF) to end its practice of…
– Goldman Sachs said on Wednesday it was raising its forecast for the U.S. 10-year Treasury yield to 2.25% by end-2022 and to 2.45% by end-2023. Goldman’s previous forecast for…
By Daphne Psaledakis WASHINGTON – The U.S. Treasury Department on Friday issued a set of recommendations to combat illicit finance in the high-value art market and warned that the emerging…
WASHINGTON – U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury’s top economist said on…
NEW YORK – The U.S. Treasury yield curve is expected to be completely flat by mid year as the U.S. Federal Reserve hikes interest rates but growth is called into…
By David Lawder WASHINGTON – The U.S. Treasury said on Friday it is considering alternatives to facial-recognition technology by commercial provider ID.me to verify identities for online taxpayer accounts after…
By Karen Brettell – The U.S. Treasury Department is likely to keep cutting auction sizes when it gives its refunding estimates for the coming quarter next week, after ramping up…
NatWest Markets Plc (NatWest), a London, U.K.-based global banking and financial services firm, pleaded guilty today to various fraud schemes in the markets for U.S. Treasury securities and futures contracts.…
NatWest Markets Plc (NatWest), a London, U.K.-based global banking and financial services firm, pleaded guilty today to various fraud schemes in the markets for U.S. Treasury securities and futures contracts.…
TRENTON, N.J. – A Middlesex County, New Jersey, man was sentenced today to 30 months in prison for fraudulently receiving Payment Protection Program (PPP) funds and depositing a stolen and…
The Treasury Department announced plans to redistribute rental assistance funds from states and localities that have not exhausted their money to those that have experienced surging demand of requests, The…
Key Democrat Senators reportedly said they would oppose President Joe Biden’s nominee to head the Office of the Comptroller of the Currency. Democratic Sens. Jon Tester of Montana, Mark Warner…
President Joe Biden’s nominee to lead the Office of the Comptroller of the Currency (OCC) was arrested for allegedly shoplifting merchandise at a TJ Maxx, according to a police report.…
President Joe Biden’s nominee for the comptroller of the currency blasted Democratic West Virginia Sen. Joe Manchin in early 2020, saying he “is supposed to be on the Democratic side”…
President Joe Biden’s nominee for a key Treasury Department role admitted that oil, natural gas and coal firms need to go bankrupt to prevent climate change, a resurfaced video showed.…
President Joe Biden’s nominee for a top Treasury Department post had harsh words for the financial services sector, calling it an “a**hole industry,” in a Canadian documentary. “The financial services…
Treasury Secretary Janet Yellen said Sunday that she is confident that the Democrats’ budget will include a global minimum tax for corporations just days after nearly 140 countries endorsed the…