Treasury Department
Some stories require a subscription to access the full source article.
Mnuchin says U.S. ready to ‘take losses’ on $500bn bailout
By James Politi
May 19, 2020, Financial Times
Steven Mnuchin has said the U.S. Treasury is “fully prepared to take losses” on up to $500bn set aside for loans to …
Read More →
Senators Urge Fed to Buy Long-Term Debt From States, Localities
By Daniel Flatley
May 15, 2020, Bloomberg
A bipartisan group of senators want the Federal Reserve to buy longer-term debt issued by state and local governments to help ease the …
Read More →
NY Fed Says It Will Start Buying ETFs
By Michael S. Derby
May 11, 2020, The Wall Street Journal
The Federal Reserve Bank of New York said Monday that starting Tuesday one of its emergency market support facilities …
Read More →
U.S. has no need to buy back debt, will take advantage of low interest rates: Mnuchin
By David Lawder, Doina Chiacu, and Lisa Lambert
May 11, 2020, Reuters
U.S. Treasury Secretary Steven Mnuchin said on Monday he sees no need for the country to buy back …
Read More →
White House considers more coronavirus aid as jobs picture worsens
By David Morgan and Susan Heavey
May 10, 2020, Reuters
The White House has begun informal talks with Republicans and Democrats in Congress about what to include in another round …
Read More →
U.S. Treasury blasts records with $3 trillion borrowing need this quarter
By Dan Burns
May 4, 2020, Reuters
The U.S. Treasury Department on Monday said it plans to borrow nearly $3 trillion in the second quarter of 2020 – more than …
Read More →
Treasury’s $4 Trillion Funding Task Signals Record Auction Slate
By Liz Capo McCormick and Saleha Mohsin
May 3, 2020, Bloomberg
Treasury Secretary Steven Mnuchin is likely to boost the government’s quarterly round of debt auctions to unprecedented levels this …
Read More →
Fannie-Freddie Escape Plan at Risk of Collapse in Mortgage Chaos
By Elizabeth Dexheimer
April 29, 2020, Bloomberg
Fannie Mae and Freddie Mac face strong headwinds from the mayhem coronavirus has spread through the mortgage market, complicating the Trump administration’s plans …
Read More →
The Federal Reserve Is Changing What It Means to Be a Central Bank
By Nick Timiraos and Jon Hilsenrath
April 27, 2020, The Wall Street Journal
The Federal Reserve is redefining central banking.
By lending widely to businesses, states and cities in its …
Read More →
Foreign banks await guidance on Fed’s SME lending facility
By Sharon Thiruchelvam
April 27, 2020, Risk
The Federal Reserve is expected to revise the eligibility criteria of its massive corporate lending program to clarify whether the subsidiaries and branches …
Read More →
