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 …
Treasury
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Business News
U.S. Treasury rejects push by lawmakers to end IMF surcharges on some loans
by Reutersby ReutersBy 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 …
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– 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 …
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Business NewsFeatured NewsUS and World News
As NFTs flourish, U.S. Treasury raises alarm over money laundering in art
by Reutersby ReutersBy 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 …
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Business News
U.S. Treasury economist sees inflation pressures easing if pandemic recedes
by Reutersby ReutersWASHINGTON – 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 …
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Business News
U.S. Treasury yield curve to flatten, possibly invert this year – Standard Chartered
by Reutersby ReutersNEW 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 …
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Business News
U.S. Treasury weighs alternatives to ID.me after privacy concerns raised
by Reutersby ReutersBy 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 …
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Business News
U.S. Treasury likely to cut auction sizes, possibly for last time
by Reutersby ReutersBy 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 …
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Department of Justice Press Releases
NatWest Markets Pleads Guilty to Fraud in U.S. Treasury Markets
by DOJ Pressby DOJ PressNatWest 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. …
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Department of Justice Press Releases
NatWest Markets Pleads Guilty to Fraud in U.S. Treasury Markets
by DOJ Pressby DOJ PressNatWest 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. …
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Department of Justice Press Releases
Middlesex Man Sentenced to 30 Months in Prison for Paycheck Protection Program Fraud Scheme and Obtaining Funds from Stolen and Altered U.S. Treasury Check
by DOJ Pressby DOJ PressTRENTON, 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 …
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Community NewsFeatured NewsUS and World News
Treasury To Reallocate Rental Assistance Money Based On State Demands
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 …
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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 …
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US and World News
Biden Treasury Nominee Saule Omarova Was Once Arrested For Shoplifting At TJ Maxx, Police Records Show
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. …
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Featured NewsUS and World News
Treasury Nominee Blasted Manchin For Not Being ‘On The Democratic Side’
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” …
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US and World News
Biden’s ‘Marxist’ Treasury Nominee Wants To Bankrupt, ‘Starve’ Fossil Fuel Industry To Tackle Climate Change
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. …
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Politics
‘Quintessential A**hole Industry’: Biden Treasury Nominee Has Harsh Words For Financial Service Jobs
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 …
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US and World News
Biden, Democrats’ Budget Set To Include Global Minimum Tax, Treasury Secretary Says
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 …