U.S. Department of the Treasury

Former U.S. official’s work for Chinese client stirs concern over disclosure loopholes

When a Chinese drone company came under U.S. government scrutiny over its alleged ties to China’s military, the company turned to one of America’s…

U.S. lawmakers push for ByteDance to divest TikTok or face ban

A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China’s ByteDance about six months to divest popular short video app TikTok or face a U.S. ban, seeking to tackle national…

Treasury proposes rule to extend anti-money laundering regs to investment advisers

The Treasury Department’s corruption watchdog on Tuesday issued new proposed regulations that would extend major pieces of the anti-money laundering…

U.S. Treasury team heads to China to talk subsidies, economic policies

The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…

New fund bets big on Eisenhower-era stocks

Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…

Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy

WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…

Yellen’s UN week agenda: Food prices, climate change and global aid

WASHINGTON — Treasury Secretary Janet Yellen outlined an ambitious agenda on Monday to address key factors of the global economic…

Teamsters blast bankruptcy-bound Yellow, cite $700 million Covid loan firm got from Trump White House

Bankruptcy-bound trucking firm Yellow received a whopping $700 million in Covid pandemic relief loans three years ago after Trump administration…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…