By Bloomberg News | 12/11/13 10:23 AM
Treasuries ended a three-day advance amid speculation a U.S. budget agreement will support the economy and make it easier for the Federal Reserve to start reducing bond purchases.
By Sean Higgins | 12/10/13 02:29 PM
When Treasury Secretary Jacob Lew announced the government's sale of its remaining GM stock, the news was delivered with a rather defensive tone. And no wonder: The sale meant that taxpayers were losing $10 billion, so some extra justification was necessary. GM officials have taken a similar...
12/09/13 11:07 PM
(www.nasdaq.com) Investing.com - A decision by the Federal Reserve to begin tapering the pace of its monthly asset purchases will become increasingly likely if the.
By Paul Bedard | 12/09/13 11:28 AM
Two House members on Monday raised new questions about the Internal Revenue Service's ability to protect personal information of Obamacare users from computer hackers. Citing a Treasury audit questioning the IRS system to fight hackers, Reps. Diane Black, R-Tenn., and Patrick Meehan, R-Pa.,...
By Joseph Lawler | 12/05/13 11:26 AM
Treasury Secretary Jack Lew declared victory in ridding the financial system of banks that are too big to fail Thursday morning, following up on a promise he made earlier in the year to ensure that no banks remained in a position to receive taxpayer bailouts if they collapse. In a speech at...
By Joseph Lawler | 11/19/13 12:05 PM
“I think the whole idea of debt limit reform is something we probably should think about,” Lew said Tuesday, citing the damage to consumer and business confidence that followed this year's and 2011’s political showdowns over raising the statutory cap on U.S. debt.
By Timothy P. Carney | 11/18/13 01:59 PM
Tim Geithner, as a public servant, bent the rules to bail out the financial sector. Then he championed and helped implement a complex set of regulations that have been critiqued as too burdensome, as too weak and as picking winners and losers.
11/18/13 10:36 AM
Total foreign holdings rose 1 percent September to $5.65 trillion, the Treasury Department reported Monday. That follows a 0.03 percent gain in August.
By Joseph Lawler | 11/14/13 10:36 AM
The U.S. government has saved more than $1 trillion in debt since 2007 because of the actions taken by the Federal Reserve to stimulate the economy, a new report from the McKinsey Global Institute finds. By keeping short-term rates near zero and engaging in large-scale asset purchases known as...
By Bloomberg News | 11/13/13 04:37 PM
The U.S. budget deficit last month narrowed more than economists forecast as rising employment contributed to the strongest October revenue on record.
By Paul Bedard | 12/12/13
By Philip Klein | 12/11/13
By Charles Hoskinson | 12/12/13
By David Freddoso | 12/12/13
By Brian Hughes | 12/12/13