WASHINGTON, June 8 - The U.S. Treasury Department is expected on Wednesday to unveil new limits on compensation for executives whose firms accepted government assistance during the current financial crisis, sources familiar with the plan...
* Three-pronged remedy to get rid of toxic assets * Fed to expand TALF to buy "legacy" assets WASHINGTON, March 21 - The U.S. Treasury Department will roll out a three-part plan next week to...
The U.S. government said on Monday it was pumping $5 billion into auto and mortgage lender GMAC LLC and lending up to $1 billion to automaker General Motors, ensuring the solvency of a company considered crucial to GM's survival...
WASHINGTON, Oct 27 - The U.S. Treasury Department is in talks with GMAC Financial Services Inc about a possible additional cash infusion to the company, an Obama administration official confirmed on Tuesday night. The official...
WASHINGTON, Oct 23 - The U.S. Treasury Department blacklisted a North Korean bank on Friday, saying it was involved in North Korea's arms dealing. Treasury said in a statement that Amroggang Development Bank was being...
WASHINGTON, Oct 12 - The U.S. Treasury Department will turn to banks for more help if it decides to ratchet up pressure on Iran over its nuclear ambitions, Assistant Treasury Secretary for Terrorist Financing David...
WASHINGTON, Sept 6 - President Barack Obama plans to announce on Monday that he has named a top Treasury Department official, Ron Bloom, to lead an effort aimed at revitalizing America's hard-hit manufacturing industry....
China reduced its holdings of U.S. treasury debt 3.1% to US$776.4 billion in June from US$801.5 billion in May, according to a report released by the U.S. Treasury Department on Monday.The June reduction in China's holdings of U.S. treasury debt was the largest percentage cut since the 4.2% reduction in October...
WASHINGTON, July 22 - Only the Federal Reserve is fit to perform exams of the largest, most systemically important financial institutions, a senior U.S. Treasury Department official said on Wednesday. "With respect to the regulation...
WASHINGTON, July 22 - Only the Federal Reserve is fit to perform exams of the largest, most systemically important financial institutions, a senior U.S. Treasury Department official said on Wednesday. "With respect to the regulation...