US Treasury’s Yellen sees consistent pattern of inflation coming down
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she saw a consistent pattern of inflation falling over time and noted turbulence in the job market had…
Treasury’s Yellen says US overdependent on China for critical supply chains
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday the United States has become overly dependent on China for critical supply chains, particularly in clean energy products and needs to…
US Treasury’s Adeyemo urges Nigeria to work on stable currency, fight corruption
WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo on Monday urged Nigeria to work to stabilize its currency and fight corruption to unlock what he called the “unrealized opportunity” of Africa’s…
Treasury’s Adeyemo, in New York, says tackling rural economic inequality essential
By Andrea Shalal (Reuters) – Reversing a significant rise in inequality in the United States over the last four decades is essential to boosting overall economic growth, Deputy Treasury Secretary Wally Adeyemo…
US Treasury’s Yellen sees Vietnam as key partner in ‘friendshoring’ supply chains
By Andrea Shalal (Reuters) – The United States sees Vietnam as a key partner in expanding green energy sources and building more resilient supply chains, U.S. Treasury Secretary Janet Yellen said in…
Top US sanctions architect to lead Treasury’s financial crimes team -Yellen
WASHINGTON (Reuters) – Andrea Gacki, a veteran U.S. Treasury official who helped design Washington’s Russia sanctions strategy, has been appointed director of the department’s Financial Crimes Enforcement Network (FinCEN), Treasury Secretary Janet…
Treasury’s Yellen notes US economic resilience in meeting with IMF’s Georgieva
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen spoke about the U.S. economy’s resilience in the face of global headwinds in a meeting Friday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva,…
U.S. Treasury’s Adeyemo sees no ability to ‘triage’ payments without debt limit hike
WASHINGTON (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the capability to “triage” payment priorities if the debt ceiling is not raised,…
US Treasury’s Adeyemo dismisses platinum coin to skirt debt ceiling
By David Lawder and Susan Heavey WASHINGTON (Reuters) – The U.S. Deputy Treasury Secretary on Monday dismissed the idea of minting a platinum coin as a way to avoid a U.S. default,…
US Treasury’s top international official heads to Europe, Asia for talks on economy
WASHINGTON (Reuters) – The U.S. Treasury Department’s top international official is heading to Europe and Asia this week for talks on current macroeconomic trends and events, and a G7 finance officials meeting,…
US Treasury’s financial crimes unit hits state-chartered trust with penalty
(Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network on Wednesday hit a South Dakota-chartered Kingdom Trust Company with a $1.5 million civil penalty for willfully violating a law requiring banks…
U.S. Treasury’s tax deadline day take totals $129.8 billion -statement
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury brought in $129.82 billion in total tax receipts on Tuesday, the annual tax filing deadline, compared with $75.53 billion a day earlier, the…
Treasury’s Yellen unveils international pact to boost legal entities’ transparency
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said she was launching a commitment between the United States and more than 20 foreign governments to create a registry of beneficial…
U.S. Treasury’s Yellen: inflation remains elevated but there are encouraging signs
By David Lawder and Kanishka Singh SPRING HILL, Tenn./WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that while inflation remained elevated, there were encouraging signs that supply-demand mismatches were…
Factbox-The U.S. Treasury’s tools to avoid breaching debt limit
WASHINGTON (Reuters) – As a battle between Republicans and Democrats over raising the federal debt ceiling unfolds, the U.S. Treasury has begun using extraordinary cash management measures to keep the U.S. government…
U.S. Treasury’s Yellen says IRS needs to be ‘completely redone’
By Andrea Shalal LUSAKA, Zambia (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday said rebuilding the Internal Revenue Service would be one of her top priorities in coming years, putting her…
U.S. feeling impact of China COVID changes, can ‘power through it’ -Treasury’s Adeyemo says
By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) – The U.S. economy is “already being impacted” by China’s latest COVID developments and energy shortages in Europe, Deputy Treasury Secretary Wally Adeyemo said…
U.S. Treasury’s Morton steps down, sees growing recognition of climate change risks
By Andrea Shalal WASHINGTON (Reuters) – John Morton, the U.S. Treasury’s first climate counselor, is stepping down, effective Friday, but says he is confident his work in coordinating climate change policies across…
Yellen sees key role for Treasury’s racial equity council despite Republican criticism
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee, which has drawn the ire of Republican lawmakers, would play a big…
U.S. Treasury’s Yellen says cryptocurrencies need regulation
By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not spilled over to the banking sector, but she remained…
U.S. Treasury’s Yellen says crypto markets need better oversight
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed. “The recent failure of a major cryptocurrency exchange and…
U.S. Treasury’s Adeyemo heads to Europe to discuss sanctions on Russia, oil price cap
By Daphne Psaledakis WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Paris, London and Brussels next week, where he will discuss sanctions on Moscow and continue coordinating the…
U.S. Treasury’s Adeyemo heads to APEC meeting with focus on trade, ‘resilience’
WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Asia this week for a two-day meeting with finance ministers from the Asia-Pacific region and bilateral meetings in Thailand and…
U.S. Treasury’s Yellen says CPI data shows more work needed to control inflation
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that higher than expected U.S. consumer price index inflation data shows that “we have more work to do” to control inflation…
Treasury’s Adeyemo: Counting on Russian oil price cap, not secondary sanctions
By Andrea Shalal WASHINGTON (Reuters) – The United States is counting on a price cap on Russian oil to help reduce Moscow’s revenues, and will not pursue secondary sanctions on those who…
U.S. Treasury’s Yellen welcomes Ukraine debt freeze, calls on creditors to join
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday said she welcomed a decision to suspend Ukraine’s debt service obligations by a group of six creditor countries, including the United States, and…
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