Topic - U.S. Treasury

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  • A Chinese clerk counts U.S. dollars in exchange for Chinese renminbi at a Hefei, China, bank. (Associated Press)

    U.S. Treasury warns China on currency

    In unusually pointed language, the U.S. Treasury on Tuesday warned China and Japan that it is closely watching them out of concern they may be intentionally depreciating their currencies to gain an advantage in trade with U.S. competitors.

  • Russian President Vladimir Putin is already adjusting the subsidized gas prices sold to Ukraine to market levels, one analyst said. (Associated Press)

    Economic Cold War?: Weapons in Russia standoff more likely to shed treasure than blood

    Although the United States has ruled out open military conflict in response to Russia's annexation of Ukraine's Crimean Peninsula, some see growing risks that the two former superpower rivals could sink into a kind of economic Cold War.

  • Brown raises $20 million for race; GOP rivals lag

    With nearly eight months to go until the November election, Gov. Jerry Brown reported Monday that he has raised nearly $20 million for his re-election campaign, far outpacing the two leading Republican candidates competing for the right to challenge him.

  • Gubernatorial candidate Tim Donnelly, center, gestures while speaking with reporters at the California Republican Party 2014 Spring Convention Saturday, March 15, 2014, in Burlingame, Calif. (AP Photo/Ben Margot)

    GOP gubernatorial candidates vie for supporters

    The ongoing struggle over the direction of the GOP played out this weekend as the California Republican Party met at its convention: The party in California and elsewhere is torn between supporters who want to steadfastly hold to conservative principles and those who want to take a more moderate, pragmatic approach that could resonate with a broader cross section of voters.

  • GOP candidate Kashkari reports income for 2013

    Republican candidate for governor Neel Kashkari filed his first financial disclosure form with the state Friday, reporting income of more than $100,000 last year from his former employer but few reportable financial holdings.

  • This book cover image released by Crown shows "Stress Test: Reflections on Financial Crises," by Timothy F. Geithner. Former U.S. Treasury Secretary Timothy F. Geithner's memoir will be released on May 13. (AP Photo/Crown)

    Geithner memoir to be called 'Stress Test'

    Former U.S. Treasury Secretary Timothy F. Geithner's (GYT'-nurz) memoir has a title, "Stress Test," and a release date, May 13.

  • Illustration by Alexander Hunter/The Washington Times

    RAHN: Being taxed for bad advice by international organizations

    If you became aware that the advice you were receiving from your economic advisers was causing you to get poorer rather than richer, how long would you keep them?

  • FILE - This Jan. 28, 2014 file photo shows House John Boehner of Ohio, accompanied by House Majority Leader Eric Cantor of Va. speaking at Republican National Committee headquarters in Washington. House Republican leaders challenged President Barack Obama on Thursday to override the opposition of the Senate's top Democrat and help pass trade legislation the administration favors. "The president ought to stand up and lead on this issue," House Speaker John Boehner of Ohio said at a news conference at a three-day retreat for members of the party's rank-and-file. (AP Photo/J. Scott Applewhite, File)

    Moody's not worried about U.S. defaulting on debt

    Moody's Investors Service, one of Wall Street's three top credit raters, said Wednesday that it expects the U.S. Treasury to keep paying its debts on time even though it will run out of borrowing authority on Friday.

  • Specialist Paul Cosentino works at his post on the floor of the New York Stock Exchange Wednesday, Jan. 29, 2014. The U.S. stock market stumbled briefly after the Federal Reserve decided to further reduce its economic stimulus. (AP Photo/Richard Drew)

    Markets reel as Federal Reserve cuts back stimulus

    The Federal Reserve on Wednesday shook global markets, cutting back once again on its economic stimulus program and signaling that a recent softening of job gains and turmoil in emerging markets will not deter it from ending its extraordinary easing measures this year.

  • Kansas gets US to redeem abandoned savings bonds

    After a 14-year battle, Kansas officials have persuaded the federal government to redeem almost $862,000 in abandoned U.S. savings bonds and are seeking about $151 million more.

  • Fannie, Freddie close to paying off taxpayer bailout bill

    Fannie Mae and Freddie Mac, the housing giants whose combined $188 billion bailout dwarfed all others during the 2008 financial crisis, announced Thursday that they will return another $39 billion in dividends to the U.S. Treasury next month, bringing them close to fully repaying the taxpayers who rescued them.

  • "If U.S. bond holders decided that they wanted to be repaid rather than continuing to roll over their Treasury investments," the United States could be forced into default within days, Treasury Secretary Jack Lew told Congress last week. (Associated Press)

    Next move on U.S. credit rating? 'D' for default

    Despite expressing confidence that the U.S. will avoid a default, one top credit rating agency has issued a quiet warning that the nation's AA+ rating will plunge suddenly to a shockingly low D if a political resolution does not come in time to prevent the Treasury from missing a debt payment in the next month.

  • ** FILE ** A Wall Street street sign is pictured in front of the American flag hanging on the New York Stock Exchange in New York. (AP Photo/Mary Altaffer)

    Stocks soar on hint of debt breakthrough

    Wall Street stocks soared Thursday on signs of a possible breakthrough in the standoff in Washington, with House Republicans proposing a short-term increase in the national debt limit that would prevent a possible default on U.S. Treasury securities for another six weeks.

  • Treasury Dept. bails out dog that ate $500

    The U.S. Treasury has reimbursed a Montana man after his golden retriever ate five $100 bills.

  • Delaware Republican Senate candidate Christine O'Donnell is being investigated by federal prosecutors. (Associated Press)

    Christine O'Donnell's case of suspected tax data breach is added to IRS investigation

    The Treasury Department watchdog now at the heart of the IRS scandal is planning to re-interview former GOP Senate candidate Christine O'Donnell about whether her confidential federal taxpayer information was breached in 2010, as congressional investigators vow to press forward with emerging facts regarding Washington's involvement in the targeting of conservative groups.

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