WATCH: Yellen says economic recovery likely to be ‘bumpy’
In testimony, Yellen was asked about the big jump in consumer prices reported last week. She said that the April price increase was the result of a number of special factors related to the economy opening back up.
Treasury to launch education effort for relief package
Officials at the Treasury Department briefed reporters Thursday on the efforts they are planning, including highlighting a provision in the measure that expands the child tax credit.
U.S. sanctions Hezbollah-allied Lebanese Christian leader
Gebran Bassil is a current lawmaker who leads the biggest bloc in parliament and a son-in-law of President Michel Aoun.
Virus aid talks on the brink of collapse with sides ‘very far apart’
Both sides have adopted a hard line in the talks, though the Trump team is more open in disclosing a handful of its proposed compromises.
In our news wrap Monday, the U.S. Treasury will borrow nearly $3 trillion this quarter to cover pandemic relief. That record number is well over twice the total for all of 2019. Also, Israel's Supreme Court is hearing legal challenges…
In a memorandum issued Wednesday, Treasury is calling for two $250 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May.
Three senior House Democrats have demanded Treasury Secretary Steven Mnuchin turn over documents that would show how his department decided to lift financial sanctions on three companies connected to Russian oligarch Oleg Deripaska.
An obscure government database of suspicious financial activity was thrust into the spotlight Wednesday when the New Yorker reported that key information on Michael Cohen is missing from the system. The report has raised fresh questions about the database, and…
WASHINGTON — The United States on Wednesday imposed sanctions on five Russians, including the leader of Chechnya, under a U.S. human rights law that has been a major irritant between Washington and Moscow.
Additional Support Provided By:
