With new law, Trump's New York state tax returns can go to Congress
President Donald Trump's New York state tax returns could be given to Congress under a new law in his home state that the Democratic governor signed Monday. The measure signed by Gov. Andrew Cuomo directs state tax officials to share state returns of certain elected ...
U.S.-China trade talks 'back on track' but Huawei still out of 5G loop: White House adviser
U.S.-China trade negotiations are now headed in a positive direction following this weekend's meeting between President Donald Trump and his Chinese counterpart, Xi Jinping, a top White House aide said Tuesday. But trade adviser Peter Navarro said Chinese telecom giant Huawei remains blocked from participating ...
House Democrats sue Treasury, IRS chiefs for Trump tax returns
House Democrats asked a U.S. court to force the Treasury Department to turn over six years of President Donald Trump's personal and business tax returns. The long-expected lawsuit filed Tuesday is the latest attempt by Congress to assert oversight over the executive branch, as the ...
U.S. Treasury chief says 2020 deadline for Tubman $20 bill not possible
U.S. Treasury Secretary Steven Mnuchin on Friday called "completely erroneous" a published report that an initial 2020 deadline for completing the design of a $20 bill featuring Harriett Tubman could have been met. Mnuchin told a congressional committee last month that the redesign of the ...
U.S. Treasury chief on solid ground in withholding Trump tax returns, Justice Department says
U.S. Treasury Secretary Steven Mnuchin did not violate the law by refusing to provide President Donald Trump's tax returns to Congress because the confidentiality of returns is protected under the law, the Justice Department said in a legal opinion released Friday. Federal law "protecting confidentiality ...
Trump's top two trade advisers opposed decision to impose tariffs on Mexico, sources say
Frustrated at an unending flow of migrants across the country's southern border, U.S. President Donald Trump overruled the advice of his two top trade advisers in abruptly imposing tariffs on Mexico, sources familiar with the situation said on Friday. U.S. Trade Representative Robert Lighthizer and ...
Congress has no right to 'do-over' of Russia probe, says White House counsel
Congress has no right to conduct a "do-over" of special counsel Robert Mueller's Russia probe, the White House said in a letter blasting House Democrats' "sweeping" requests for documents as an effort to harass political opponents. The May 15 letter from White House counsel Pat ...
U.S. and China reported near deal to end some tariffs amid 'productive' talks
The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in U.S. tariffs on Chinese goods, Politico reported on Wednesday after U.S. Treasury Secretary Steven Mnuchin said the two countries completed "productive" talks in ...
In U.S. talks, Japan's Finance Minister Taro Aso opposes linking currency with trade
Finance Minister Taro Aso has pushed back against U.S. efforts to bring yen policy into scope for bilateral talks aimed at striking a trade deal. "We can't agree to any talk of linking currency and trade policy," Taro Aso told reporters Thursday in Washington after ...
Trump 'not inclined' to release tax returns despite congressional deadline
U.S. President Donald Trump is unlikely hand over his tax returns to lawmakers despite a Tuesday congressional deadline facing the Treasury Department and Internal Revenue Service, a White House spokesman said on Tuesday. "As I understand it, the president's pretty clear: Once he's out of ...
U.S. and China working to sign new trade agreement in May, says report
U.S. and Chinese officials are tentatively working to finalize a new trade agreement, with a signing ceremony expected as soon as late May, The Wall Street Journal reported Wednesday. Citing an unnamed source, the newspaper also said U.S. Trade Representative Robert Lighthizer was expected in ...
U.S. wants World Bank to give more support to poorest nations
The World Bank, a major source of development lending, needs to make more progress in shifting its loans away from fast-growing economies such as China and devoting more support to the world's poorest nations, Treasury Secretary Steven Mnuchin said Saturday. The Trump administration was encouraged ...
