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u.s. treasury

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Traders work on the floor of the NYSE in New York

Economy Apr 17

What is the bond market, and why does it matter for the economy?

By Louis Jacobson, PolitiFact

Politics Feb 02

FILE PHOTO: Inauguration ceremony for Trump's second presidential term
Elon Musk’s task force has gained access to sensitive Treasury payment systems, sources say

The Department of Government Efficiency, run by President Donald Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems, according to two people familiar with the situation.

By Fatima Hussein, Associated Press

Economy Mar 12

U.S. House Ways and Means Committee hearing on President Joe Biden's fiscal year 2024 Budget Request in Washington
Yellen says there will be no bailout for collapsed Silicon Valley Bank

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.

By Chris Megerian, Associated Press

Economy Jan 16

FILE PHOTO: U.S. Treasury Secretary Yellen presides over the unveiling of the first U.S. banknotes printed with two women'...
Treasury Secretary Yellen to meet with China’s finance minister in Switzerland

Treasury Secretary Janet Yellen will meet with her Chinese counterpart, Vice Premier Liu He, in Switzerland on Wednesday to discuss economic developments between the two nations.

By Fatima Hussein, Associated Press

Economy Aug 15

A screen shows the numbers after the closing bell as traders work on the floor at the New York Stock Exchange (NYSE) in New York, August 14, 2019. The inversion of the yield curve sparked a selloff of stocks Wednesday. Photo by Eduardo Munoz/Reuters
Is the U.S. really nearing a recession?

Many economists worry that recession odds are rising. Here's why.

By Christopher Rugaber, Associated Press

Jun 19

Jovita Carranza sworn in as U.S. Treasurer

By Martin Crutsinger, Associated Press

As Treasurer, Carranza will oversee the Bureau of Engraving and Printing, which produces the nation's paper currency, and the Bureau of the Mint, which producers U.S. coins.

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May 22

Watch
Former Treasury secretary reflects on ‘deeply unfair’ nature of financial crisis recovery

By PBS News Hour

Timothy Geithner, key architect of the government’s response the financial crisis, joins Gwen Ifill to discuss his new book, "Stress Test: Reflections on Financial Crises." As the former treasury secretary, Geithner offers perspective on the government’s response to the crisis,…

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Dec 18

No image
Why the Fed’s Low Interest Rates Are Driving Dollars Abroad

Ahead of Wednesday’s Federal Open Market Committee announcement about whether the Fed will taper its monetary stimulus program, Making Sense interviewed former Fed economist Catherine Mann, now at the Brandeis International Business School. She doesn’t think the Fed will begin…

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Sep 07

Watch
No image
State Department Dubs Haqqani Network Terrorists, ‘Sopranos of the Afghan War’

U.S. State Department announced its decision to designate the Pakistan-based Haqqani network a terrorist group. As a terrorist organization, the State Department can use different tactics to undercut the group's power, especially going after individual members through Haqqani's extensive financial…

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May 28

No image
As GM Deadline Nears, Bondholders Back New Stock Deal

By Admin, PBS News Hour

General Motors said Thursday that a group of bondholders has accepted a sweetened deal that offers them up to a one-quarter stake in the company if they drop opposition to the struggling automaker's plans to reorganize.

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Friday, Sep 5
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