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u.s. treasury department

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May 03

Treasury announces plans to borrow $463 billion this quarter

By Martin Crutsinger, Associated Press

The big increase of $368 billion was attributed to passage of a $1.9 trillion support measure that President Joe Biden pushed through Congress in March which provided another round of relief payments totaling $1,400 per individual.

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Mar 08

Yellen says women face many obstacles in economics careers

By Martin Crutsinger, Associated Press

Janet Yellen, the first woman to head the U.S. Treasury Department, says women seeking to pursue careers in economics face a number of obstacles.

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Jun 25

U.S. sent $1.4 billion in virus relief payments to dead people

By Marcy Gordon, Associated Press

A government watchdog says nearly 1.1 million relief payments totaling some $1.4 billion went to dead people in the government’s coronavirus aid program.

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May 04

Treasury announces record borrowing of $2.99 trillion

By Martin Crutsinger, Associated Press

The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of various rescue efforts dealing with the coronavirus pandemic.

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Apr 14

Treasury: Major airlines to take $25 billion in aid to meet payroll

By David Koenig, Associated Press

The deals aren't final, but the assistance is almost certain to be a mix of cash and loans, and the government could take a small ownership stake in the leading airlines.

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Jan 16

U.S. Treasury announces it will begin selling new 20-year bond

By Martin Crutsinger, Associated Press

Faced with financing budget deficits topping $1 trillion annually, the Treasury is introducing a new 20-year bond.

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Jul 31

Watch 3:12
News Wrap: U.S.-China trade talks conclude with no visible progress

In our news wrap Wednesday, U.S. and Chinese officials have concluded their latest trade talks without visible signs of progress. A Chinese Foreign Ministry spokeswoman called President Trump’s Tuesday accusations that China had reneged on trade promises “laughable.” Also, the…

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Jul 31

Column: The Fed is lowering interest rates, but so are market forces

By Paul Solman

Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no.

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Jul 29

U.S. Treasury projects it will borrow $433 billion this quarter

By Martin Crutsinger, Associated Press

Market borrowing for this budget year is projected to total $1.27 trillion, a 6.5% increase from the 2018 budget year.

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Jul 25

U.S. sanctions Venezuela President Maduro’s stepsons

By Joshua Goodman, Luis Alonso Lugo, Associated Press

The U.S. accused them of forming part of a sophisticated scheme that stole hundreds of millions in dollars from food import contracts.

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