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Treasury

IRS to deploy 400 staff to aid federal response to Hurricane Ian -Treasury

September 30, 2022
Irs to deploy 400 staff to aid federal response to hurricane ian -treasury - photo licensed by shore news network.

By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service is deploying 400 employees to assist with the federal emergency response to Hurricane Ian, including …

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Exclusive-U.S will not nominate another U.S. candidate for IDB, Treasury says

September 29, 2022
Exclusive-u. S will not nominate another u. S. Candidate for idb, treasury says - photo licensed by shore news network.

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) …

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UK Treasury minister rejects IMF concern over tax-cutting budget

September 29, 2022September 29, 2022
Uk treasury minister rejects imf concern over tax-cutting budget - photo licensed by shore news network.

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 …

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Deputy U.S. Treasury chief says soft landing is possible

September 28, 2022September 28, 2022
Deputy u. S. Treasury chief says soft landing is possible - photo licensed by shore news network.

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 …

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UK market meltdown? Nothing to see here, Treasury minister says

September 24, 2022
Uk market meltdown? Nothing to see here, treasury minister says - photo licensed by shore news network.

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 …

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U.S. Treasury acknowledges Bank of Japan forex intervention

September 22, 2022September 22, 2022
U. S. Treasury acknowledges bank of japan forex intervention - photo licensed by shore news network.

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. …

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China raises holdings of Treasuries in July, Japan cuts holdings -Treasury data

September 16, 2022
China raises holdings of treasuries in july, japan cuts holdings -treasury data - photo licensed by shore news network.

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 …

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U.S. Treasury Russian oil price cap guidance gives safe harbor to maritime service firms

September 9, 2022
U. S. Treasury russian oil price cap guidance gives safe harbor to maritime service firms - photo licensed by shore news network.

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 …

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U.S. Treasury seeking simple Russian oil price cap compliance regime -Adeyemo

September 6, 2022
U. S. Treasury seeking simple russian oil price cap compliance regime -adeyemo - photo licensed by shore news network.

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 …

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U.S. Treasury awards $408 million in COVID broadband funds to five states

August 30, 2022
U. S. Treasury awards $408 million in covid broadband funds to five states - photo licensed by shore news network.

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 …

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Republicans call it an ‘army’ but IRS hires will replace retirees, do IT, says Treasury

August 19, 2022
Republicans call it an 'army' but irs hires will replace retirees, do it, says treasury - photo licensed by shore news network.

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 …

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U.S. Treasury approves up to $750 million small business capital funds for four states

August 19, 2022
U. S. Treasury approves up to $750 million small business capital funds for four states - photo licensed by shore news network.

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 …

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Australia’s Treasury Wine posts higher profit on U.S. sales, price hikes

August 17, 2022
Australia's treasury wine posts higher profit on u. S. Sales, price hikes - photo licensed by shore news network.

(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 …

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U.S. Treasury official says IMF SDR lending pledges reach about $58 billion

July 27, 2022July 27, 2022
U. S. Treasury official says imf sdr lending pledges reach about $58 billion - photo licensed by shore news network.

WASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have …

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U.S. Treasury to allow COVID funds for state, local affordable housing loans

July 27, 2022
U. S. Treasury to allow covid funds for state, local affordable housing loans - photo licensed by shore news network.

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 …

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Yellen discusses price cap on Russian oil with UK’s Zahawi – U.S. Treasury

July 26, 2022
Yellen discusses price cap on russian oil with uk's zahawi - u. S. Treasury - photo licensed by shore news network.

(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 …

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U.S. Treasury officials say overall economic strength belies weak GDP

July 25, 2022
U. S. Treasury officials say overall economic strength belies weak gdp - photo licensed by shore news network.

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 …

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Italy preparing stimulus package worth up to $13.3 billion – Treasury official

July 25, 2022
Italy preparing stimulus package worth up to $13. 3 billion - treasury official - photo licensed by shore news network.

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 …

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U.S. Treasury approves $940 million in small business capital funds for nine states

July 18, 2022
U. S. Treasury approves $940 million in small business capital funds for nine states - photo licensed by shore news network.

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 …

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Fed staff say balance sheet runoff could strain Treasury market

July 14, 2022
Fed staff say balance sheet runoff could strain treasury market - photo licensed by shore news network.

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 …

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U.S. Treasury calls for inter-agency approach on digital asset risks, benefits

July 7, 2022
U. S. Treasury calls for inter-agency approach on digital asset risks, benefits - photo licensed by shore news network.

(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 …

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IRS chief asks Treasury watchdog to probe audits of ex-FBI officials

July 7, 2022
Irs chief asks treasury watchdog to probe audits of ex-fbi officials - photo licensed by shore news network.

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 …

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BoE’s Bailey opposes Treasury plan to overrule financial regulators – Sky News

July 2, 2022
Boe's bailey opposes treasury plan to overrule financial regulators - sky news - photo licensed by shore news network.

(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 …

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Yellen to participate in July 4 naturalization ceremony -Treasury

June 29, 2022
Yellen to participate in july 4 naturalization ceremony -treasury - photo licensed by shore news network.

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 …

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Moderate Democrat seeks U.S. Treasury inflation study on tariffs

June 8, 2022
Moderate democrat seeks u. S. Treasury inflation study on tariffs - photo licensed by shore news network.

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 …

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U.S. Treasury monitoring any moves to circumvent Russian sanctions through use of gold-Yellen

June 7, 2022
U. S. Treasury monitoring any moves to circumvent russian sanctions through use of gold-yellen - photo licensed by shore news network.

WASHINGTON – The U.S. Treasury Department has made clear that gold-related transactions involving Russia may be sanctioned, and is closely monitoring any efforts to circumvent …

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U.S. Treasury approves first state projects from $10 billion COVID broadband fund

June 7, 2022
U. S. Treasury approves first state projects from $10 billion covid broadband fund - photo licensed by shore news network.

By David Lawder and David Shepardson WASHINGTON – The U.S. Treasury on Tuesday announced the first state awards from a $10 billion COVID-19 aid program …

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‘I Was Wrong’: Biden’s Treasury Sec Admits She Bungled Inflation Prediction

June 1, 2022
‘i was wrong’: biden’s treasury sec admits she bungled inflation prediction - photo licensed by shore news network.

‘I Was Wrong’: Biden’s Treasury Sec Admits She Bungled Inflation Prediction Josh Hypes on June 1, 2022 United States Treasury Secretary Janet Yellen admitted she …

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U.S. Treasury pushes Russia towards default: What next?

May 25, 2022
U. S. Treasury pushes russia towards default: what next? - photo licensed by shore news network.

By Karin Strohecker and Sujata Rao LONDON – Russia edged closer to a historic debt default on Wednesday after the United States decided against extending …

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U.S. Treasury sees economy still expanding in 2022 despite Q1 GDP drop

May 2, 2022

WASHINGTON – The U.S. economy is expected to continue its expansion this year despite a surprise contraction in the first quarter, the U.S. Treasury’s chief …

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U.S. Treasury to pay down $26 billion in debt in Q2

May 2, 2022
U. S. Treasury to pay down $26 billion in debt in q2 - photo licensed by shore news network.

NEW YORK – The U.S. Treasury said on Monday it expects to pay down $26 billion in debt the second quarter, down from a January …

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U.S. Treasury 10-year yield hits 3% for first time in more than three years

May 2, 2022
U. S. Treasury 10-year yield hits 3% for first time in more than three years - photo licensed by shore news network.

NEW YORK – The U.S. benchmark 10-year Treasury yield on Monday hit 3% for the first time since December 2018, a psychological milestone that could …

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U.S. Treasury Secretary Yellen to hold meeting with Japan’s Suzuki

April 18, 2022
U. S. Treasury secretary yellen to hold meeting with japan's suzuki - photo licensed by shore news network.

TOKYO – U.S. Treasury Secretary Janet Yellen will hold a bilateral meeting with her Japanese counterpart Shunichi Suzuki on the sidelines of Group of 20 …

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Brazilian government still undecided on public salaries, official says

April 18, 2022

By Marcela Ayres BRASILIA -Brazil’s government has not yet reached a decision over a salary increase for public servants this year, an official said on …

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U.S. Treasury issues general license for wind-down of transactions involving Sberbank units

April 12, 2022
U. S. Treasury issues general license for wind-down of transactions involving sberbank units - photo licensed by shore news network.

BOSTON – The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank …

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Gold slips as rising Treasury yields bolster dollar

April 11, 2022
Gold slips as rising treasury yields bolster dollar - photo licensed by shore news network.

By Asha Sistla (Reuters) – Gold prices slipped in range-bound trading on Monday as surging Treasury yields boosted the dollar and countered fresh concerns about …

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President Of Local Chapter Of National Treasury Employees Union Convicted Of Wire Fraud And False Statements Charges

April 6, 2022
President of local chapter of national treasury employees union convicted of wire fraud and false statements charges - photo licensed by shore news network.

A federal jury found Jonathon Ortino, former president of the National Treasury Employees Union Chapter 165 (Union), guilty of two counts of making false statements …

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Two-year U.S. Treasury yields climb to new high

April 4, 2022
Two-year u. S. Treasury yields climb to new high - photo licensed by shore news network.

LONDON – U.S. two-year Treasury yields climbed to their highest level since early 2019 on Monday, continuing to push higher on expectations that the Federal …

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U.S. 2s/10s Treasury yield curve inverts again

March 31, 2022
U. S. 2s/10s treasury yield curve inverts again - photo licensed by shore news network.

(Reuters) – A key part of the U.S. yield curve inverted on Friday morning in Asia, the second time in a few hours, according to …

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Lawsuit accusing 10 banks of rigging $23 trillion U.S. Treasury market is dismissed

March 31, 2022
Lawsuit accusing 10 banks of rigging $23 trillion u. S. Treasury market is dismissed - photo licensed by shore news network.

By Jonathan Stempel NEW YORK – A federal judge on Thursday dismissed a long-running antitrust lawsuit accusing 10 of the world’s largest banks of pursuing …

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Analysis-As sanctions ‘weaponize’ US dollar, some Treasury buyers could fall back

March 29, 2022
Analysis-as sanctions 'weaponize' us dollar, some treasury buyers could fall back - photo licensed by shore news network.

By Karen Brettell (Reuters) – U.S. sanctions against Russia should hasten a move by some countries to reduce their reliance on the U.S. dollar, which …

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Goldman raises U.S. Treasury yield forecasts on more hawkish Fed

March 24, 2022
Goldman raises u. S. Treasury yield forecasts on more hawkish fed - photo licensed by shore news network.

– Goldman Sachs said on Thursday that it has raised its forecasts on U.S. Treasury yields for this year, citing more broad-based and persistent price …

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U.S. Treasury deputy Europe-bound to coordinate sanctions on Russia over Ukraine

March 22, 2022
U. S. Treasury deputy europe-bound to coordinate sanctions on russia over ukraine - photo licensed by shore news network.

By Daphne Psaledakis WASHINGTON – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Europe next week to coordinate sanctions with allies over Russia’s assault …

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U.S. Treasury official sees modest uptick in crypto illicit finance, but transactions small

March 18, 2022
U. S. Treasury official sees modest uptick in crypto illicit finance, but transactions small - photo licensed by shore news network.

By Andrea Shalal and Hannah Lang WASHINGTON – U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since …

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U.S. Treasury yields push to new highs as Fed looks set to hike rates

March 16, 2022
U. S. Treasury yields push to new highs as fed looks set to hike rates - photo licensed by shore news network.

LONDON – U.S five and 10-year Treasury yields rose to their highest levels in almost three years on Tuesday, ahead of a widely-anticipated rate hike …

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U.S. Treasury launches campaign to educate public about crypto risks

March 10, 2022
U. S. Treasury launches campaign to educate public about crypto risks - photo licensed by shore news network.

By Hannah Lang – The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital …

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More than half of U.S. Treasury rent relief funds deployed through January -Adeyemo

March 8, 2022
More than half of u. S. Treasury rent relief funds deployed through january -adeyemo - photo licensed by shore news network.

By David Lawder WASHINGTON – More than $25 billion from the U.S. Treasury Department’s Emergency Rental Assistance program has been spent or obligated over the …

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U.S. Treasury warns crypto firms on Russia cybersecurity threat – source

March 3, 2022
U. S. Treasury warns crypto firms on russia cybersecurity threat - source - photo licensed by shore news network.

By Hannah Lang – The U.S. Treasury Department has reached out to cryptocurrency companies about their cybersecurity controls amid concerns that Russia could wage retaliatory …

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Yellen says Treasury to curb wealth of Russian oligarchs over Ukraine war

March 2, 2022
Yellen says treasury to curb wealth of russian oligarchs over ukraine war - photo licensed by shore news network.

By David Lawder CHICAGO – U.S. Treasury Secretary Janet Yellen said on Wednesday that the United States and Western allies have immobilized half of the …

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U.S. imposes sanctions on two Russian banks – Treasury Dept

February 22, 2022
U. S. Imposes sanctions on two russian banks - treasury dept - photo licensed by shore news network.

– The United States imposed sanctions on Russia’s VEB Bank and Promsvyazbank on Tuesday, according to statement from the U.S. Treasury Department, after Moscow formally …

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