Government Agencies Treasury Department

  • The Fed's last meeting of 2019 ended with interest rates remaining unchanged and the outlook indicates no changes through 2020. Chris Campbell, who served as assistant secretary of the Treasury for Financial Institutions during the Trump administration and is now chief strategist with the Duff & Phelps Institute, joins CNBC's "Squawk Box" to discuss.

  • WASHINGTON, Dec 11- The U.S. federal government recorded a $209 billion budget deficit in November as an increase in spending on programs like public health insurance outpaced gains in revenues, the Treasury Department said on Wednesday. Receipts last month totaled $225 billion, up $19 billion from November 2018, while outlays were $434 billion, a rise of $23...

  • Mixed race woman paying bills on digital tablet

    The IRS has released its updated Form W-4 just in time for the new year. Here's how to use it to fine-tune the taxes withheld from your paycheck.

  • WASHINGTON, Dec 4- A U.S. regulatory panel is recommending increased federal and state oversight of nonbank mortgage lenders and servicers, saying for the first time in a report on Wednesday that their growing presence in the sector may threaten financial stability. The panel of top U.S. regulators led by the Treasury Department had never flagged the issue as a...

  • *U.S.- China trade deal in focus. Treasury yields were steady on Monday before the Treasury Department is due to sell $113 billion in coupon-bearing supply this week, and as investors focused on the likelihood that the United States and China will reach a trade deal. I think the things that people are looking at the most are funding and supply, said Tom Simons, a...

  • Nov 21- The U.S. Treasury Department on Thursday said claimants against Venezuela could not enforce liens, judgments, arbitral awards or decrees by seizing property to collect on unpaid debts unless they received specific authorization from Washington. In an amendment to its sanctions on Venezuela, intended to force out socialist President Nicolas Maduro,...

  • Larry Summers

    Larry Summers, former Treasury Secretary, joins CNBC's "Power Lunch" team to discuss the U.S. economy, markets and more.

  • *Chinese stocks rise; Japan, South Korea fall. "There are some lingering doubts over whether a phase one deal can be struck," Vishnu Varathan, head of economics and strategy at Mizuho Bank's Asia Treasury Department in Singapore, said. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3%, with Shanghai blue chips gaining 0.6% and Hong Kong's Hang...

  • WASHINGTON, Nov 7- Housing finance giant Freddie Mac has hired management consultants McKinsey& Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday. But the Trump administration has vowed to end that arrangement, with the Treasury Department offering in September a set of...

  • *U.S., China negotiating on tariffs. Treasury yields rose on Tuesday on optimism that the United States and China will reach a deal to de-escalate their trade war, and before the Treasury Department will make the first sale of $84 billion in new coupon-bearing supply this week. President Donald Trump to remove more tariffs imposed in September as part of a "phase...

  • Treasury yields rose on Monday ahead of this week's Treasury Department debt auctions, and as risk sentiment improved on optimism about a deal to de-escalate the U.S.- China trade war. The Treasury will sell $84 billion in debt as part of its quarterly refinancing, including $38 billion in three-year notes on Tuesday, $27 billion in 10- year notes on Wednesday...

  • WASHINGTON, Nov 4- The United States on Monday imposed sanctions on nine people close to Iran's Supreme Leader Ayatollah Ali Khamenei, including his chief of staff, one of his sons and the head of the judiciary. Coinciding with the 40th anniversary of Iran's seizure of the U.S. embassy in Tehran, the U.S. Treasury Department said it also was blacklisting Iran's...

  • Treasury yields rose on Monday as the market prepared for the Treasury Department to issue long-dated debt and as optimism that the United States and China will reach a deal to de-escalate their trade war boosted risk sentiment. At the same time, optimism on a trade deal between the United States and China reduced demand for safe haven U.S. bonds.

  • WASHINGTON, Oct 25- The U.S. government ended fiscal year 2019 with the largest budget deficit in seven years as gains in tax receipts were offset by higher spending and growing debt service payments, the Treasury department said on Friday. The deficit reached a peak of $1.4 trillion in 2009 as the Obama administration and Congress took emergency measures to...

  • WASHINGTON, Oct 25- The U.S. government ended fiscal year 2019 with the largest budget deficit in seven years as gains in tax receipts were offset by higher spending and growing debt service payments, the Treasury department said on Friday. The deficit reached a peak of $1.4 trillion in 2009 as the Obama administration and Congress took emergency measures to...

  • CARACAS, Oct 24- The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders in Venezuela struggling to retain control over the U.S. refiner owned by the chaotic South American nation. But the U.S. Treasury Department, which maintains a broad sanctions program against the government of Venezuelan President...

  • CARACAS, Oct 24- The United States has temporarily blocked the sale or transfer of shares in U.S. refiner Citgo that are linked to a bond issued by Venezuelan state oil company PDVSA, the U.S. Treasury Department said on its website on Thursday.

  • WASHINGTON, Oct 24- The U.S. Treasury Department on Thursday issued a nearly two-month waiver for companies to wind down transactions with a Chinese tanker company it sanctioned last month for allegedly transporting Iranian oil. The waiver, good through Dec. 20, allows "maintenance or wind down of transactions" including offloading non-Iranian crude oil...

  • WASHINGTON, Oct 21- The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for another three months through Jan. 22. Its renewal represented a win by some in the administration, such as Secretary of State Mike Pompeo, who see keeping a U.S. company in Venezuela...

  • WASHINGTON, Oct 21- The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for another three months through Jan. 22. Its renewal represented a win by some in the administration, such as Secretary of State Mike Pompeo, who see keeping a U.S. company in Venezuela...