Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession, saying the threats of a longer and even worse downturn are too great to cut back on support now.
By Associated Press
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department in a line stretching back to Alexander Hamilton in 1789.
By Christopher Rugaber, Michael Balsamo, Associated Press
Treasury Secretary Steven Mnuchin urged Congress to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as lawmakers race to stand up federal aid in the face of the latest spike in coronavirus cases across much…
By Martin Crutsinger, Marcy Gordon, Associated Press
Paul O’Neill, a former Treasury secretary who broke with George W. Bush over tax policy and then produced a book critical of the administration, died Saturday. He was 84.
By Martin Crutsinger, Ron Todt, Associated Press
By Jamey Keaten, Pan Pylas, Associated Press
Steven Mnuchin had a day earlier dismissed Thunberg’s suggestion that governments and companies cut back dramatically on fossil fuels with a condescending barb.
By PBS NewsHour
Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these…
With Summers Out of the Running, Who WIll Be Tapped to Succeed Bernanke?…
Obama Announces IRS Resignation, Promises Safeguards and Oversight Cooperation…
Obama Taps Chief of Staff Jack Lew to Be Next Treasury Secretary…
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