New Jersey couple charged with stealing U-Haul, fake IDs, Treasury checks and gun
RARITAN TOWNSHIP, N.J. — A stolen U-Haul van led police to uncover a far-reaching identity theft and fraud scheme involving a local couple now facing a slew of charges including forgery, firearm…
UK market meltdown? Nothing to see here, Treasury minister says
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 sent international…
U.S. Treasury acknowledges Bank of Japan forex intervention
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 intervened in…
China raises holdings of Treasuries in July, Japan cuts holdings -Treasury data
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 U.S. Treasury…
U.S. Treasury Russian oil price cap guidance gives safe harbor to maritime service firms
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 services providers…
U.S. Treasury seeking simple Russian oil price cap compliance regime -Adeyemo
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 hopes that…
U.S. Treasury awards $408 million in COVID broadband funds to five states
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 improvements to…
Republicans call it an ‘army’ but IRS hires will replace retirees, do IT, says Treasury
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, U.S. Treasury…
U.S. Treasury approves up to $750 million small business capital funds for four states
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 the COVID-19…
Australia’s Treasury Wine posts higher profit on U.S. sales, price hikes
(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 tariffs on…
U.S. Treasury official says IMF SDR lending pledges reach about $58 billion
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. Treasury acting…
U.S. Treasury to allow COVID funds for state, local affordable housing loans
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 housing, including…
Yellen discusses price cap on Russian oil with UK’s Zahawi – U.S. Treasury
(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 reduce the…
U.S. Treasury officials say overall economic strength belies weak GDP
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 data due…
Italy preparing stimulus package worth up to $13.3 billion – Treasury official
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 petrol costs,…
U.S. Treasury approves $940 million in small business capital funds for nine states
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 under the…
Fed staff say balance sheet runoff could strain Treasury market
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 balance sheet…
U.S. Treasury calls for inter-agency approach on digital asset risks, benefits
(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 of digital…
IRS chief asks Treasury watchdog to probe audits of ex-FBI officials
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 Trump were…
BoE’s Bailey opposes Treasury plan to overrule financial regulators – Sky News
(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 disquiet about…
Yellen to participate in July 4 naturalization ceremony -Treasury
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 of the…
Moderate Democrat seeks U.S. Treasury inflation study on tariffs
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 Trump administration…
U.S. Treasury monitoring any moves to circumvent Russian sanctions through use of gold-Yellen
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 U.S. sanctions through the use of gold,…
U.S. Treasury approves first state projects from $10 billion COVID broadband fund
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 aimed at boosting broadband internet access in…
‘I Was Wrong’: Biden’s Treasury Sec Admits She Bungled Inflation Prediction
‘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 was wrong in the past about her…
U.S. Treasury pushes Russia towards default: What next?
By Karin Strohecker and Sujata Rao LONDON – Russia edged closer to a historic debt default on Wednesday after the United States decided against extending a key license that had allowed Moscow…
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