Government Agencies Treasury Department

  • No one is too big to jail: Jack Lew

    Treasury Secretary Jack Lew, shares his thoughts on whether the government has gone far enough to protect consumers.

  • Treasury's Lew at Delivering Alpha

    CNBC's Steve Liesman provides a preview of Jack Lew's keynote speech at this year's Delivering Alpha Conference in New York City.

  • Jack Lew calls for tax reform

    CNBC's Landon Dowdy reports Treasury's Jack Lew is urging tax reform after Apple was slapped with a more than $14 billion tax bill from the European Commission.

  • NEW YORK, Sept 12- Direct bidders purchased a small amount of the 10- year debt offered by the U.S. Treasury Department on Monday following a global bond market sell-off last week, Treasury data showed. The Treasury awarded 3.39 percent of the $20 billion 10- year government note supply to direct bidders which include large investors and small bond dealers.

  • Heart beat

    Clinton and Trump aren't talking enough about how they'll fix the economy, says Business Roundtable President John Engler. They need to start now.

  • WASHINGTON, Sept 7- U.S. House of Representatives Republicans will have a special conference next week to discuss whether Internal Revenue Service Commissioner John Koskinen should be impeached, House Speaker Paul Ryan said on Wednesday. "This is something that we're going to have a planning conference on next week and we're going to discuss among our members...

  • WASHINGTON, Sept 7- U.S. House of Representatives Republicans will have a special conference next week to discuss whether Internal Revenue Service Commissioner John Koskinen should be impeached, House Speaker Paul Ryan said on Wednesday. "This is something that we're going to have a planning conference on next week and we're going to discuss among our members...

  • Stacks of $100 bills

    It's time to reduce the amount of physical cash floating around the globe to help combat tax evasion and other illicit activities, renowned economist Ken Rogoff tells CNBC.

  • MOSCOW/WASHINGTON, Sept 1- Companies building a multi-billion dollar bridge to link the Russian mainland with annexed Crimea, a project close to the heart President Vladimir Putin, were targeted by the United States in an updated sanctions blacklist on Thursday. The U.S. Department of the Treasury added dozens of people and companies to the list, first...

  • WASHINGTON, Aug 30- A European Commission order requiring Apple Inc to pay Ireland $13 billion euros in unpaid taxes on Tuesday drew swift rebukes from the Obama administration and lawmakers in Congress, while reigniting calls for U.S. tax reform. The White House and the Treasury Department, which enforces federal tax policy, warned that U.S.-EU economic...

  • WASHINGTON, Aug 30- A European Commission order requiring Apple Inc to pay Ireland $13 billion euros in unpaid taxes on Tuesday drew swift rebukes from the Obama administration and lawmakers in Congress, while reigniting calls for U.S. tax reform. The White House and the Treasury Department, which enforces federal tax policy, warned that U.S.-EU economic...

  • WASHINGTON, Aug 30- A European Commission order requiring Apple Inc to pay $13 billion euros in taxes on Tuesday drew swift and angry rebukes from the Obama administration and lawmakers in Congress, while reigniting calls for international tax reform. The U.S. Treasury Department, which enforces federal tax policy, warned that U.S.-EU economic relations...

  • Apple Store with customers

    Europe's pursuit of companies like Apple for under-paid taxes highlights a major problem with few prospects for a global solution.

  • U.S. Secretary of the Treasury Jacob Lew

    A giant pot of corporate gold sits outside the United States, and the Treasury and the European Commission are squabbling over how to get it

  • *Higher yields in Europe pressure U.S. bonds. Investors are waiting for Yellen to hear what she has to say, "said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York. Before Yellen's speech, set for Aug. 26 at the Jackson Hole, Wyoming event, the U.S. Treasury Department will sell a combined $88 billion in two-year, five-year and...

  • SHANGHAI, Aug 16- China's yuan firmed on Tuesday after data showed Chinese holdings of U.S. The People's Bank of China set the midpoint rate at 6.6305 per dollar prior to the market open, firmer than the previous fix of 6.643. Treasuries by a net $3.2 billion in June, data released overnight by the U.S. Treasury Department showed.

  • WASHINGTON, Aug 10- The U.S. government posted a $113 billion budget deficit in July, a 24 percent drop from the same month last year, the Treasury Department said on Wednesday. The government had a deficit of $149 billion in July 2015, according to Treasury's monthly budget statement. Receipts last month totaled $210 billion, a 7 percent decrease from July 2015,...

  • NEW YORK/ ST. LOUIS, AUGUST 10- In 2011, amid a crackdown on international money laundering, the U.S. Treasury Department tried to close a loophole that authorities said allows drug cartels to move bulk cash across borders on gift and other prepaid cards. The U.S. Department of Justice estimated in 2009 that up to $24 billion in cash is smuggled into Mexico each year,...

  • WASHINGTON, Aug 4- As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year's nuclear pact with the Islamic republic have launched a lobbying campaign against the deals. The international agreement to curb Iran's nuclear program made such sales possible by easing sanctions on...

  • WASHINGTON, Aug 4- As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year's nuclear pact with the Islamic republic have launched a lobbying campaign against the deals. The international agreement to curb Iran's nuclear program made such sales possible by easing sanctions on...