More Treasury Articles

  • The pros and cons of reauthorizing the Export-Import Bank

    Depending on who you talk to, the Ex-Im Bank is either a financial support that U.S. exporters need to compete globally -- or government interference in the private-sector lending market, primarily helping big companies that don't need it.

  • US Treasury bill rates mixed at weekly auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with three-month bills unchanged and six-month bills dropping to their lowest level in three weeks. The Treasury Department auctioned $26 billion in three-month bills at a discount rate of 0.025...

  • Orrin Hatch takes on Treasury's Jack Lew over 'economic patriotism'

    Sen. Orrin Hatch isn't playing along with Jack Lew's exhortation for "economic patriotism."

  • Foreign holdings of US Treasury debt rise in May

    WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in May to another record high. The Treasury Department reported Wednesday that total foreign holdings rose 0.3 percent to $5.98 trillion, up from $5.96 trillion in April. China, the top foreign buyer of...

  • US Treasury bill rates fall at weekly auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Monday's auction, with rates reaching their lowest level in two weeks. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.030 percent, down from 0.040 percent last week. Another $23...

  • Is the 'recovery summer' for real this time?

    There are finally signs that the long-awaited recovery, complete with above-trend economic growth, may finally be underway.

  • Congress turns up pressure on IRS, demands answers from White House, Treasury

    Congress broadened its investigation of the IRS' targeting of conservative groups and the disappearance of two years' worth of subpoenaed emails Friday by demanding that the White House and Treasury answer specific questions regarding the scandal.

  • Top GOP lawmakers push Eric Holder to appoint IRS investigator

    Two top House Republicans on Friday called for Attorney General Eric Holder to appoint a special prosecutor to investigate the alleged targeting of conservative groups by the Internal Revenue Service.

  • Meanwhile in Ukraine: Russia sends tanks to rebels, deploys troops to border

    While the West's attention is transfixed by the World Cup spectacle in Brazil and the meltdown of government forces in Iraq, Russia is sending tanks to aid separatist forces in Ukraine. Vice President Joe Biden on Sunday "expressed concern that separatist leaders have refused to reciprocate" a...

  • Fake-handicap fraudsters foiled by reality TV appearances, LinkedIn spam

    America relied on him to protect the U.S. Mint, but if the head of a federal police union can be believed, standing in the cold for a day to witness the inauguration of President Obama helped damage his knee so badly that he had to begin drawing a disability check.

  • Oops: Here's who wound up with half a million dollars in federal money

    Nearly $500,000 in Indiana venture capital funds wound up going to a startup business headed by the very man whose firm had been hired by Indiana to manage the venture capital fund.

  • House budget punishes IRS with 15% cut, halts Obamacare enforcement

    The Internal Revenue Service is about to get slapped with a harsh payback for messing around with conservative groups, blowing wads of tax dollars on employee conferences and helping implement Obamacare. The House Appropriations Committee is set to OK an IRS budget of $10.9 billion, $1.5...

From the Weekly Standard