Treasury Secretary Steven Mnuchin is calling on Congress to combine a $7.9 billion disaster relief package for Harvey with a contentious increase in the nation's debt limit. He says it's time to "put politics aside" so storm victims can get the help they need. Mnuchin ...
Holders of U.S. Treasuries can breathe a sigh of relief as Japan's spotlight turns to France. Japanese investors offloaded a record amount of French sovereign debt in February while their selling of U.S. bonds slowed, according to data from the Finance Ministry and the Bank ...
The U.S. government investigation of President Donald Trump's former campaign chairman, Paul Manafort, crossed the Atlantic earlier this year to the Mediterranean island nation of Cyprus, once known as a haven for money laundering by Russian billionaires. Treasury agents in recent months obtained information connected ...
A senior Senate Democrat is asking the U.S. Treasury Department to evaluate whether President Donald Trump and his family's business associates and possible investors from Russia and other countries have violated U.S. laws against financing terrorism, money laundering and other illicit activities. Trump's refusal to ...
Steven Mnuchin, President-elect Donald Trump's pick as Treasury secretary, clashed with Democrats during a lengthy confirmation hearing Thursday over his handling of thousands of mortgage foreclosures and his failure to initially disclose to the committee $100 million in assets and interests in a Cayman ...
Japan eclipses China as the largest holder of U.S. Treasury debt, with a total of $1.1319 trillion in October.
President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post for the first time in ...
Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Tokyo last held in August 2008. In its monthly report on bond holdings, the Treasury Department said Wednesday total foreign holdings of Treasury debt dipped 0.9 percent in February ...
Islamic State militants are amassing wealth at an unprecedented pace, earning about $1 million a day from black market oil sales alone, a U.S. Treasury Department official said Thursday. David Cohen, who leads the department's effort to undermine the Islamic State's finances, said the extremists ...
