Government Agencies Treasury Department

  • WASHINGTON, Nov 9- The United States on Friday said it was postponing the enforcement of sanctions on Russian companies EN+, Rusal and Gaz PAO for nearly four weeks as their top shareholder works on a plan to cut his stakes. The U.S. Treasury Department had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a...

  • *U.S. to sell record $19 bln 30- year bond supply at 1 p.m.. As expected, the Democrats gained control of the House of Representatives, while Republicans increased their majority in the Senate. The Treasury Department will complete its final leg of this week's $83 billion quarterly refunding with a record offering of $19 billion in 30- year bonds at 1 p.m..

  • NEW YORK, Nov 6- U.S. The Treasury Department will complete the refunding which would raise $28.7 billion in fresh cash with a record $19 billion 30- year bond sale on Wednesday. "The 10- year auction did go well with the indirect bids," said John Canavan, market strategist at Stone& McCarthy Reserve Associates in New York.

  • HONG KONG/ MOSCOW, Nov 5- Russian aluminium giant Rusal has appointed a chief executive, it said on Monday, after reporting a 42 percent jump in third-quarter recurring net profit on the previous quarter as sanctions imposed by Washington were postponed. The U.S. Treasury Department in April blacklisted billionaire Oleg Deripaska and eight companies in which...

  • WASHINGTON, Oct 30- Venezuela poses a clear threat to regional stability and could drag down key U.S. allies like Brazil, Argentina and Colombia, a senior Treasury Department official said on Wednesday. "Venezuela poses a clear threat to regional stability and security," Marshall Billingslea, assistant secretary for terrorist financing at the Treasury...

  • Acting Secretary of Health and Human Services (HHS) Eric Hargan addresses reporters during the daily news briefing at the White House in Washington, November 30, 2017.

    The Trump administration is battling rising health costs by going after higher prices.

  • Chinese 100-yuan notes at a bank in Nantong in China's eastern Jiangsu province.

    China's currency is expected to soften further in the next six months, a Goldman Sachs analyst said on Wednesday.

  • Treasury yield curve flattened to its lowest level in more than two weeks on Monday before the Treasury Department is due to sell $108 billion in new short- and intermediate-dated debt this week. The debt sales will include $38 billion in two-year notes on Tuesday, $39 billion in five-year notes on Wednesday and $31 billion in seven-year notes on Thursday.

  • SEOUL, Oct 22- The U.S. Treasury Department is "deeply concerned" about planned financial cooperation between North and South Korea and has told South Korean banks that "U.N. and U.S. sanctions on North Korea remain valid", a South Korean regulatory document has shown. The document, drafted by South Korea's Financial Services Commission and released on Monday after...

  • Treasury said on Friday it was extending a deadline for investors to divest certain operations, debt and equity of sanctioned Russian company Gaz Group until Dec. 12. The U.S. Treasury Department imposed sanctions in April against billionaire Oleg Deripaska and eight companies in which he is a large shareholder, including automaker Gaz, citing "malign...

  • Treasury proposes rules meant to spur investment in low-income areas

    CNBC's Ylan Mui reports on new proposals from the Treasury Department on investing in "opportunity zones" across the country.

  • TOKYO, Oct 19- Japanese Finance Minister Taro Aso said on Friday that a U.S. government report on currencies did not suggest Tokyo's foreign-exchange policy was inappropriate and that Washington's assessment would not restrict Japan's currency management. In its semiannual currency report issued on Wednesday, the U.S. Treasury Department said it was...

  • WASHINGTON, Oct 17- The U.S. government on Wednesday refrained from naming China or any other trading partner as a currency manipulator, as it leans on import tariffs to try to cut a trade deficit with China. In its semi-annual currency report, the U.S. Treasury Department said a recent depreciation of China's yuan currency will likely exacerbate the U.S. trade...

  • WASHINGTON, Oct 17- The United States can extend a longer line of credit to Mexico if the country faces a currency crisis, according to the terms of a new agreement signed on Wednesday that follows the two countries' trade deal. Mexico can negotiate for up to $9 billion under a currency "swap line" with the U.S. Treasury Department, up from $3 billion under a deal last...

  • WASHINGTON, Oct 15- The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republican-led tax cuts pinched revenues and expenses rose on a growing national debt, according to data released on Monday by the Treasury Department. Economists generally view the corporate and individual tax cuts passed by the...

  • Fiscal 2018 budget deficit up 17% to $779 billion

    CNBC's Eamon Javers reports the latest from the Treasury Department on the budget deficit for the 2018 fiscal year.

  • WASHINGTON, Oct 15- The U.S. federal government closed the 2018 fiscal year $779 billion in the red as tax cuts hit revenues and the government paid more to service a growing national debt, according to Treasury Department data released on Monday. The data also showed a $119 billion budget surplus in September, which was larger than expected and a record for the...

  • WASHINGTON, Oct 12- The United States on Friday said it was granting investors another month to divest their holdings of sanctioned Russian companies EN+ and Rusal and was giving the firms more time to address their business operations. The U.S. Treasury Department in April imposed sanctions against billionaire Oleg Deripaska and eight companies in which he...

  • Sec. Mnuchin: I'm planning on going to Saudi FII event

    Treasury Secretary Steven Mnuchin speaks to CNBC's Geoff Cutmore at the IMF World Bank Meeting in Bali about attending the Saudi Future Investment Initiative (FII) and U.S.-Saudi relations as questions mount over the disappearance of Washington Post journalist Jamal Khashoggi.

  • Sec. Mnuchin: 'Two different stories' on US vs. global growth

    Treasury Secretary Steven Mnuchin speaks to CNBC's Geoff Cutmore at the IMF World Bank Meeting in Bali about the U.S. and global economies.