Government Agencies Treasury Department

  • Sen. Jeff Merkley

    Steve Mnuchin, who was finance chairman for Trump's presidential campaign, is a Wall Street veteran, having spent 17 years at Goldman Sachs.

  • Nov 30- U.S. mortgage finance companies Fannie Mae and Freddie Mac ought to be privatized as soon as possible but in a fashion that ensures they do not again threaten the financial system, President-elect Donald Trump's nominee to run the Treasury Department said on Wednesday. Steven Mnuchin, in an interview on Fox Business Network, said restructuring Fannie...

  • Advisor Steven Mnuchin arrives at the Trump Tower for meetings with US President-elect Donald Trump, in New York on November 17, 2016.

    Donald Trump said Wednesday he intends to name Steven Mnuchin as his Treasury secretary, and billionaire Wilbur Ross as secretary of Commerce.

  • Advisor Steven Mnuchin arrives at the Trump Tower for meetings with US President-elect Donald Trump, in New York on November 17, 2016.

    Mnuchin would take the helm of a treasury that could take a starkly different approach than the department did under Obama.

  • NEW YORK, Nov 29- At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority owned by troubled hedge fund manager Platinum Partners, according to a legal filing submitted last week. Attorney's office in Brooklyn, New York, the U.S. Securities and Exchange Commission, the Internal Revenue Service, and the U.S....

  • NEW YORK, Nov 29- The U.S. Treasury Department said on Tuesday it sold $45 billion in one-month bills at an interest rate of 0.365 percent, the highest since 0.440 percent at a one-month bill sale on Oct. 28, 2008, according to Treasury data.

  • NEW YORK, Nov 23- U.S. Treasury yields fell from multi-year highs on Wednesday after the Treasury Department saw very strong demand for an auction of seven-year notes, and after minutes from the Federal Reserve's November meeting contained no large surprises. "It looks like everything is on the path for a hike in the next meeting," said Tom di Galoma, managing...

  • NEW YORK, Nov 22- Overseas demand for longer-dated U.S. government debt supply was soft in early November after Donald Trump's surprise presidential win sparked a dramatic selloff in bond markets worldwide, Treasury Department data released on Tuesday showed. On Nov. 8, overseas investors including foreign central banks bought $2.915 billion of the $24...

  • *Japan earthquake sparks some safety buying. Treasuries were steady on Tuesday after the U.S. Treasury Department saw solid demand for its $34 billion sale of five-year notes, the second sale of $88 billion in new supply this week. "People had it pretty well priced, the market didn't budge when the results came out," said Lou Brien, a market strategist at DRW Trading in...

  • NEW YORK, Nov 22- The U.S. Treasury Department said on Tuesday it sold $55 billion in one-month bills at an interest rate of 0.340 percent, which was the highest since 0.350 percent at a one-month bill sale on Oct. 8, 2013, according to Treasury data.

  • WASHINGTON, Nov 22- The U.S. Treasury Department has issued a license to France's Airbus for the sale of 106 commercial planes to Iran Air, Iran's flagship carrier, a source familiar with the matter said on Tuesday. Although Airbus is based in France, it must have U.S. approval to sell planes to Iran because at least 10 percent of the aircraft's components are...

  • *Japan earthquake sparks some safety buying. Treasuries were relatively steady on Tuesday before the U.S. Treasury Department is due to sell $34 billion in five year notes, after two-year note yields earlier on Tuesday rose to more than six-year highs. "The sector that is most vulnerable to rate hikes is obviously the short-end and intermediates, and there is...

  • NEW YORK, Nov 21- The U.S. Treasury Department said on Monday it sold a combined $72 billion in three-month and six-month bills at lower interest rates than the previous week' levels as reduced supply helped boost demand for these debt maturities. It auctioned $39 billion of three-month bills at an interest rate of 0.480 percent, lower than prior week's 0.515...

  • Lazear: Wall St. model good for Treasury secretary

    Discussing the Trump transition team's ideas for Treasury secretary as well as keeping the Federal Reserve independent, with Ed Lazear, Hoover Institution senior fellow and former chairman of the President's Council of Economic Advisers.

  • WASHINGTON, Nov 17- The U.S. House of Representatives passed a bill on Thursday that would block the sale of commercial aircraft to Iran, a bid to stop sales by Boeing and Airbus that have already been approved by President Barack Obama's administration. The measure would bar U.S. Treasury Department from issuing licenses that U.S. banks would need to finance...

  • Dog eats money

    A man's dog ate $250 in cash, but much to the fellow's relief, he learned the government will replace damaged or mutilated currency.

  • NEW YORK, Nov 16- Foreigners sold a record amount of U.S. Treasury bonds and notes in September, data from the U.S. Treasury Department showed on Wednesday, as investors priced in higher interest rates in the near to medium term given a steadily improving U.S. economy. Simon Derrick, chief markets strategist at BNY Mellon in London, said after nearly 14 years of...

  • NEW YORK, Nov 16- Foreigners sold a record amount of U.S. Treasury bonds and notes in September, data from the U.S. Treasury Department showed on Wednesday. Offshore investors unloaded $26.2 billion in long-term U.S assets after buying a revised $45.5 billion the previous month.

  • NEW YORK, Nov 14- The U.S. Treasury Department on Monday sold a combined $78 billion of bills at the highest interest rates since late 2008 amid a dramatic sell-off in bond markets worldwide sparked by Donald Trump's surprise U.S. presidential win. Bidding was lower than at recent auctions as investors have dumped bonds in favor of stocks on worries about...

  • Santelli: Trump supporters won't question Dimon as Treasury Sec.

    CNBC's Rick Santelli Steve Liesman discuss whether JPMorgan CEO Jamie Dimon as Treasury Secretary would be a good choice under President Trump.