Michael Materasso, Co-Chair, Fixed Income Policy Committee at Franklin Templeton Investments says that there are green shoots appearing with strong data from the U.S. however Fed tapering timetable remains uncertain.» Read More
NEW YORK, Oct 1- The U.S. Treasury Department on Tuesday paid the highest interest rate on one-month debt in about 10 months, as many investors shunned Treasuries bills due later this month, when the government is expected to exhaust its borrowing capacity.
WASHINGTON, Sept 30- Some activities of asset managers could pose risks to the broader marketplace, according to a study released by the Treasury Department on Monday that boosted the likelihood the largest such firms would face tougher federal scrutiny.
Sept 27, WASHINGTON- The United States and Panama are in talks on a tax evasion agreement, the U.S. Treasury Department said on Friday, a sign of U.S. progress in implementing a crackdown on U.S. tax cheats. The United States does not have a full tax treaty with Panama, which has been listed in recent years by global authorities as a tax haven.
The FHA will draw $1.7 billion from the U.S. Treasury, reports CNBC's Diana Olick. This is the first time in its 79-year history it has needed help.
Peter Mallouk, President & Chief Investment Officer at Creative Planning discusses how investors should play the market amid Washington's fiscal crisis.
The Treasury's sale of additional General Motors stock begins today, reports CNBC's Steve Liesman.
Former Rep. Paul Kanjorski, (D-PA), discusses how lawmakers responded to the nation's financial crisis five-years ago and the unfinished business of the Dodd-Frank Act.
Richard Kovacevich, former Chairman & CEO of Wells Fargo, provides his thoughts on how the government handled the financial crisis five years ago, and why he thinks the TARP program actually made the crisis worse.
Former Treasury Secretary Hank Paulson, shares his recollections on what went on behind the scenes when the "massive credit bubble" burst five years ago.
WASHINGTON, Sept 12- The man being nominated by the White House to fill one of the most thankless jobs in Washington- chief of the U.S. Internal Revenue Service- is a 74- year-old lawyer with little tax experience, but a strong reputation as a troubleshooter.
Kathy Lien, Managing Director of BK Asset Management highlights the possible impact of Fed tapering on U.S treasuries and the greenback.
CNBC's Steve Liesman and Sanford Weill, former Chairman & CEO of Citigroup, discusses whether regulations go far enough to prevent another financial crisis that lead to the 2008 crash.
Sanford Weill, former Chairman & CEO of Citigroup, discusses Fed policy after the 2008 financial crisis and explains why he thinks it is time for the Fed to change its low rate policy because it forces the wrong people to take more risk.
Sandy Weill, former chairman and CEO of Citigroup, also discussed why he would have "unbelievable confidence" in Larry Summers to head the Federal Reserve when Ben Bernanke leaves.
Laurie Glimcher, dean of Weill Cornell Medical College, and former Citi Chairman Sanford Weill discuss how breakthrough research is being funded largely by private money.
Sanford Weill, former Chairman & CEO of Citigroup, discusses the impact of the Dodd-Frank Act on the banking industry and the need for more "transparency" in the financial sector, amid new regulations.
WASHINGTON, Sept 9- President Barack Obama's nominee to lead the U.S. Internal Revenue Service has a net worth of as much as $27 million, according to federal ethics disclosure documents posted online. They showed that Koskinen's net worth was in a range of $7 million to $27 million in assets, as of Aug. 27.
President Barack Obama is considering naming Lael Brainard, a senior U.S. Treasury Department official and a veteran of Democratic administration economic policymaking, to fill a vacancy at the Federal Reserve, the Washington Post reported on Sunday.
WASHINGTON, Sept 5- Think you have a new way of making wine? The Treasury Department has proposed new rules that would make the research tax deduction and, in more limited cases, the research tax credit applicable to supply and production costs.
WASHINGTON, Aug 29- All legal same-sex marriages will be recognized for U.S. federal tax purposes, the Obama administration said on Thursday, allowing gay couples to claim the same tax benefits that heterosexual couples do. As expected after a landmark Supreme Court ruling in June, the U.S. Treasury and Internal Revenue Service said:.