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Government Agencies Treasury Department

  • A tourist takes cover underneath an umbrella while snapping a photo of the U.S. Capitol in Washington, DC.

    A dysfunctional U.S. Congress faces a deadline to avoid another costly government shutdown.

  • Esther George, president and chief executive officer of the Kansas City Federal Reserve Bank.

    Kansas City Fed President Esther George warns against waiting too long to "overheat" labor markets.

  • WASHINGTON— Interest rates on short-term Treasury bills fell slightly in Monday's auction. The Treasury Department auctioned $39 billion in three-month bills at a discount rate of 0.820 percent, down from 0.825 percent last week. For a $10,000 bill, the three-month price was $9,979.27, while a six-month bill sold for $9,952.23.

  • I think that's part of it, "said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York. The Wall Street Journal and Bloomberg News were among publications reporting that Randal Quarles, a former top Treasury Department official during the Bush administration, is expected to be nominated to the Fed's bank supervisory role.

  • I think that's part of it, "said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York. The Wall Street Journal and Bloomberg News were among publications reporting that Randal Quarles, a former top Treasury Department official during the Bush administration, is expected to be nominated to the Fed's bank supervisory role.

  • Treasury avoids naming China as currency manipulator. TOKYO, April 17- Shares dipped on Monday while the dollar and U.S. bond yields fell after soft U.S. economic data hurt investor sentiment already frayed by worries over North Korea and upcoming French elections. Treasury department did not name China as a currency manipulator, avoiding an all-out...

  • Chinese President Xi Jinping shakes hands with U.S. President Donald Trump as he is accompanied by China's first lady Peng Liyuan during a dinner at the start of a summit between President Trump and President Xi at Trump's Mar-a-Lago estate in West Palm Beach, Florida, April 6, 2017.

    President Donald Trump's administration declined to name any major trading partner as a currency manipulator in a highly anticipated report on Friday

  • President Donald Trump flanked by Secretary of State Rex Tillerson (L) and Defense Secretary Jim Mattis (R) on April 4, 2017.

    The Trump administration has a long list of campaign promises to work on — and a longer list of White House positions that remain empty.

  • President Donald Trump (R) and Chinese President Xi Jinping (L) shake hands during dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017.

    President Trump said in an interview with The Wall Street Journal that he won't label China a currency manipulator in a report due this week.

  • The Treasury Department reported Wednesday that the deficit in March totaled $176.2 billion, compared to $108 billion in March of last year. Through the first six months of this budget year, the deficit totals $526.9 billion, up 14.7 percent from last year's six-month total of $459.4 billion. The Congressional Budget Office is projecting that this year's...

  • *U.S. to sell $24 billion 3- year notes at 1 p.m. EDT. "The auctions this week are going to be a challenge," said Sharon Stark, fixed income strategist at InCapital LLC in Boca Raton, Florida. The U.S. Treasury Department will sell $20 billion in 10- year notes on Tuesday and $12 billion in 30- year bonds on Wednesday.

  • Former Rep. Barney Frank (D-Mass.) (L) and former Sen. Chris Dodd (D-Conn.) talk about their hallmark and namesake legislation, the Dodd-Frank Wall Street reform law, on the fifth anniversary of the law at the Newseum July 20, 2015, in Washington.

    Since the Dodd-Frank banking law took effect in July 2010, lending to businesses and consumers has continued to hit new highs, data show.

  • Lego Batman movie.

    Critics say that endorsing the film, for which Mnuchin was an executive producer, violated his ethics clause. NBC News reports.

  • The investors are asking a three-judge panel of the U.S. Circuit Court of Appeals for the District of Columbia to reconsider its earlier decision. Fannie Mae preferred gained about 1.6 percent to $6.86 a share while Freddie Mac preferred was up 3.1 percent to $3.17 a share. Instead, the Treasury Department required that the companies pay an amount equal to their...

  • Jeff Bezos

    Amazon.com won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago.

  • March 23- Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Tax Court rejected a variety of IRS arguments, and found that on several occasions the agency abused its discretion, or acted arbitrarily or capriciously. Lauber's decision "should...

  • Earlier this month, U.S. law enforcement officials raided three of the heavy machinery manufacturer's Illinois facilities as part of an Internal Revenue Service probe related to profits earned by the company's Swiss parts unit, Caterpillar SARL. The IRS has demand that the company pay $2 billion in taxes and penalties for profits assigned to the Swiss unit.

  • WASHINGTON, March 14- The former owners of the now defunct Banca Privada dAndorra S.A. are calling for an investigation into why the U.S. Treasury Department labeled the Andorran bank a "primary money laundering concern," a move which helped drive the bank out of business. A lawyer for the Cierco family, which controlled the bank, sent a letter to Treasury...

  • NEW YORK, March 14- Tax season in the United States is off to a slow start. The number of people filing their taxes with the Internal Revenue Service is running well below last year. The most significant reason, however, and one cited by the IRS, is that a new regulation delayed refunds by taxpayers claiming an Earned Income Tax Credit or an Additional Child Tax Credit...

  • The Internal Revenue Service has challenged the company's taxes for the years 2007-2012, the company said in a statement on Friday. "We disagree with the IRS' position, have cooperated for requests for information," Caterpillar said. A New York Times article on Tuesday said a report commissioned by the United States government accused the company of carrying...