Treasury Secretary

Headlines

US Hails Indictment of Russian In Bitcoin Laundering

US officials Thursday hailed the arrest and indictment of a Russian accused of laundering billions of dollars through a...

Headlines

US Republicans Abandon Border Adjustment Tax Proposal

The White House on Thursday abandoned a proposal to create a border adjustment tax which it had touted as a way of...

Headlines

IS Falling ‘very Fast’

The Islamic State group is falling "very fast," US President Donald Trump said Thursday as he visited the Pentagon for...

Headlines

US Says Must Have More ‘fair, Reciprocal’ Trade With China

The US launched its first round of trade talks with China since Donald Trump took office in an unusually blunt manner...

Headlines

US Seeks To Smooth Trade Relations With China In Talks

After riding a wave of anti-trade feeling to the White House, the Trump administration is taking a more traditional...

Headlines

Trump To Nominate Financier To Role of Banking Regulator

US President Donald Trump intends to nominate Randal Quarles, a former Treasury Department official, to a role as the...

Headlines

Trump Son Met Russian To Get Dirt On Clinton

Donald Trump's eldest son on Monday admitted meeting a Russian lawyer to get dirt on his father's 2016 rival Hillary...

Headlines

Trump Son Admits Meeting Russian For Dirt On Clinton

Donald Trump's eldest son on Monday admitted meeting a Russian lawyer to get dirt on his father's 2016 rival Hillary...

Headlines

Trump Bullish On ‘blazing’ Economy But Whose Recovery Is It?

As he rubs shoulders with leaders of the world's other major economies, Donald Trump is in a bullish mood about the US...

Headlines

Are US Banks Regaining Their Appetite For Acquisitions?

News that JPMorgan Chase considered bidding for British payment company Worldpay signals that big US banks could be...

News

Trump Warns N Korea ‘patience Is Over’

US President Donald Trump says that years of “strategic patience” with North Korea have failed and it is now time...

Headlines

US Sanctions Chinese Bank For Laundering N.Korean Cash

The United States slapped unprecedented sanctions Thursday on a Chinese bank accused of laundering North Korean cash...

Headlines

Oil Giants Endorse Carbon Tax After Trump’s Paris Exit

Major oil producers, including for the first time ExxonMobil, expressed support on Tuesday for a new US carbon tax,...

Headlines

Hopes of ‘Trump-O-Nomics’ Vs Slow-Growth Reality

President Donald Trump's economic and tax agenda assume growth in the world's largest economy will see a sustained...

Headlines

Lawmakers Seek Details of Trump-Deutsche Bank-Russia Ties

US lawmakers have demanded documents from German banking giant Deutsche Bank detailing its ties with President Donald...

Headlines

Trump Budget Calls For Deep Cuts To Social Safety Net

The White House on Tuesday delivered to Congress a proposed budget for 2018 that would make deep cuts in programs for...

Headlines

US Treasury’s Mnuchin Opposes Breakup of Banks

The Trump administration does not support a return to the Depression-era rule requiring a separation of retail and...

Headlines

Ex Fed Chief Bernanke Says 3% US Growth Unlikely

The former head of the US Federal Reserve on Monday cast doubt on the Trump administration promise to expand the...

International

US Growth Rate Hits Three-Year Low

The US economy slowed dramatically in the first three months of the year, according to official data. GDP expanded at...