An analysis that Secretary Steven Mnuchin had previously pledged to conduct with full transparency... READ MORE›
But according to the Treasury's analysis, the increased revenues from higher growth should exceed those lost to tax cuts by about 300 billion... READ MORE›
Cabinet members rarely use government planes or chartered aircraft for domestic travel, but the practice has received significant attention in the wake of Mnuchin's trip... READ MORE›
The comments also expose ongoing divisions among financial regulators over how to determine if a company is systemically risky a decade since the 2007-2009 global financial crisis began... READ MORE›
Summers, former chief economic adviser to President Barack Obama and Treasury secretary under President Bill Clinton, also took aim at Trump's protectionist rhetoric... READ MORE›
Summers, former chief economic adviser to President Barack Obama and Treasury secretary under President Bill Clinton, also took aim at Trump's protectionist rhetoric... READ MORE›
European Union sanctions do not keep European oil companies from operating in Russia, a point of annoyance for Exxon... READ MORE›
He's also one of a handful of people hired by Treasury Secretary Steven Mnuchin in the first two months of the Trump administration... READ MORE›
Allergan shares closed down 14.8 percent to their lowest level since October 2014... READ MORE›
Citgo, founded in 1910 by an Oklahoma businessman, was sold to Venezuela's state-run oil company PDVSA in 1990... READ MORE›
The government intends to pay its debts and the debt ceiling will be raised... READ MORE›
The source said the new rules came as a surprise as Pfizer was confident of delivering on its 160 billion proposed merger with Allergan... READ MORE›
When the U.S. Treasury Department launched a search for America's most noteworthy woman it meant just that... READ MORE›
Since taking office as Treasury Secretary in February, he's repeatedly indicated that ultra-long issuance was something the administration was looking at... READ MORE›
Of course, there are other reasons Obama would see Hamilton... READ MORE›
SEE ALSO Donald Trump is naming a 26-year Goldman Sachs veteran to..... READ MORE›
Dimon however said he gave enormous credit to several current and former Washington officials for stopping the recession from getting worse... READ MORE›
Bond prices remained strong through much of the Obama years precisely because high taxes and increased regulations kept a lid on growth and caused under-employment... READ MORE›
U.s. urges europe imf to reach a deal to keep greece in euro zone... READ MORE›
Mnuchin had previously said Congress would have to increase the country's spending limit by the end of September but acknowledged Sunday that Tropical Storm Harvey changed the time frame... READ MORE›
European Economic Affairs Commissioner Pierre Moscovici said he hoped Trump would not abandon multilateralism and free trade... READ MORE›
President Obama raised these concerns about the enforcement of China's anti-monopoly law directly with President Xi when they met in Beijing last month... READ MORE›
Trump as a candidate said he would label China a currency manipulator immediately, although he has walked back... READ MORE›
As of Dec. 31, roughly 165 funds held positions in Allergan, accounting for 16 percent of the stock, the report said... READ MORE›
At a time when global growth rates were weak already, this doesn't help... READ MORE›
WASHINGTON U.S. Treasury Secretary Jack Lew on Monday urged China to implement economic reforms that will help ensure fairness for U.S. exporters... READ MORE›
Treasury's Lew to press China on currency officials WASHINGTON U... READ MORE›
Pfizer will have to pay Allergan up to 400 million for its expenses as a result of terminating the deal... READ MORE›
Former US Treasury Secretary Henry Paulson praised China's announcement during Xi's visit... READ MORE›
US President Donald Trump said on Wednesday that he will not label China a currency manipulator... READ MORE›
The Treasury official said implementation is key and the US will be it watching to ensure countries follow through on those commitments... READ MORE›
Mnuchin is the third Goldman banker to lead the Treasury since the 1990s... READ MORE›
Treasury Secretary Steven Mnuchin on Friday joked that Trump himself should appear on the 1,000 bill, which is no longer in circulation... READ MORE›
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