Treasury Secretary Steve Mnuchin speaks at a news conference to introduce the Republican tax reform plan at the U.S. Capitol in Washington, U.S., November 9, 2017. REUTERS/Aaron P. Bernstein WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on... More »
The U.S. Treasury on Thursday rejected the idea of singling out specific asset management and insurance firms as systemically risky, indicating that they are unlikely to be designated as “too big to fail” and slapped with additional oversight under the adminis... More »
A senior lawyer at the U.S. Treasury Department's Office of the Inspector General said on Thursday he found "no violation of law" in Treasury Secretary Steven Mnuchin's use of private jets for seven official trips, but called for better cases to be made in fut... More »
U.S. Senator Rand Paul, a conservative maverick who helped kill the latest Republican effort to overturn Obamacare, took issue with President Donald Trump's tax plan on Monday, asking in a tweet if it was really Republican. More »
A proposal by U.S. Republicans to repeal and replace the Obamacare health insurance program suffered serious new setbacks within the party on Sunday, when Senator Ted Cruz expressed his opposition and Senator Susan Collins dug in with strong criticism of the l... More »
U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration's upcoming tax plan will not be aimed at lowering income taxes for the wealthiest Americans. More »
U.S. President Donald Trump called Hurricane Irma "some big monster" as it battered the Florida coast, saying he wanted to go to the state very soon and praising emergency officials for their efforts to protect people. More »
President Donald Trump signed a bill on Friday extending the government debt limit for three months and providing about $15 billion in hurricane-related aid, bringing his surprising deal with Democratic congressional leaders this week to completion. More »
Texas on Monday edged toward recovery from the devastation of Hurricane Harvey as shipping channels, oil pipelines and refineries restarted some operations and authorities lifted an evacuation order for the area around a once-burning chemical plant. More »
Democrat Richard Cordray delivered a campaign-style stump speech at a sprawling Labor Day celebration on Monday, but the U.S. Consumer Financial Protection Bureau chief stopped short of saying whether he intends to run for governor of Ohio. More »
Hurricane Harvey devastated Texas, but could bring some fiscal order to Washington where Republicans and Democrats will need to put political differences aside in order to approve spending to repair the damage from flooding in and around Houston. More »
U.S. President Donald Trump signed an executive order that prohibits dealings in new debt from the Venezuelan government or its state oil company on Friday in an effort to halt financing that the White House said fuels President Nicolas Maduro's "dictatorship.... More »
Democrats in the U.S. Congress wield little clout nowadays, but they will likely have plenty of influence on the looming issue of the U.S. debt ceiling and party leaders are considering whether they should try to convert that advantage into bargaining power on... More »
Urged by his Yale University classmates to resign as treasury secretary following President Donald Trump's response to a white nationalist protest, Steven Mnuchin said on Saturday he would stay in office and that Trump "in no way, shape or form" equates neo-Na... More »
FILE PHOTO: New White House Communications Director Anthony Scaramucci, flanked by White House Press Secretary Sarah Sanders, speaks at the daily briefing at the White House in Washington, U.S. July 21, 2017. U.S. President Donald Trump ousted recently hired W... More »
U.S. President Donald Trump walks from Maine One as he returns to the White House in Washington, U.S., June 16, 2017. REUTERS/Joshua Roberts President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to... More »
President Donald Trump plans to nominate Brian Brooks, general counsel for Fannie Mae, as deputy secretary of the U.S. Treasury, Axios reported on Saturday, citing three sources it said had knowledge of the pick. More »
United States Secretary of the Treasury Steven Mnuchin speaks at a news conference on Parliament Hill in Ottawa June 9, 2017. REUTERS/Patrick Doyle More than two dozen U.S. lawmakers have urged U.S. Treasury Secretary Steven Mnuchin to reject the proposed sale... More »
A man walks past the U.S. Capitol building at sunset in Washington, U.S. May 17, 2017. REUTERS/Zach Gibson The U.S. Congress may be headed for a reckoning with the federal debt limit within weeks, thanks to wealthy Americans and corporations deferring tax paym... More »
U.S. Treasury Secretary Steven Mnuchin discusses the Trump administration’s budget plan during the Peterson Foundation’s 2017 Fiscal Summit in Washington, U.S., May 23, 2017. REUTERS/Jim Bourg The U.S. Treasury is reviewing licenses for Boeing Co and Airbus to... More »
A MetLife Inc building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake A U.S. appeals court on Friday granted a 60-day pause in the long-running case in which the country’s largest life insurer, MetLife Inc, has challenged the federa... More »
A security personnel stands next to International Monetary Fund logo at IMF headquarters in Washington, U.S., April 19, 2017. REUTERS/Yuri Gripas World finance leaders are gathering on U.S. President Donald Trump’s home turf on Thursday to try to nudge his sti... More »
U.S. President Donald Trump holds up a New England Patriots jersey as Head Coach Bill Belichick (L) watches during an event honoring the Super Bowl champion New England Patriots at the White House in Washington, U.S., April 19, 2017. REUTERS/Joshua Roberts Hig... More »
FILE PHOTO – U.S.Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S. on February 14, 2017. REUTERS/Kevin Lamarque/File Photo Wary of their first official encounter with U.S. President Donald Trump’s blustery trad... More »
A Moneygram logo is seen outside a bank in Vienna, Austria, June 28, 2016. REUTERS/Heinz-Peter Bader U.S. electronic payments company Euronet Worldwide Inc (EEFT.O) launched a $1 billion bid for rival MoneyGram International Inc (MGI.O) on Tuesday, arguing tha... More »
Moody’s Investors Services said on Monday the United States will retain the rating agency’s top-notch debt rating as long as it meets its interest payments even if the government’s borrowing cap is reinstated on Thursday. More »
U.S. President Donald Trump looks up while hosting a House and Senate leadership lunch at the White House in Washington, U.S. March 1, 2017. REUTERS/Kevin Lamarque – RTS110BK President Donald Trump’s Treasury Secretary Steven Mnuchin used his first senior staf... More »
A man counts U.S dollars at a money exchange office in central Cairo, Egypt December 27, 2016. REUTERS/Mohamed Abd El Ghany The dollar recouped some ground after dipping to a two-week low against the yen in Asian trading on Monday, but it lacked momentum as in... More »
U.S. President Donald Trump makes a toast during the Governor’s Dinner in the State Dinning Room at the White House in Washington, U.S., February 26, 2017. REUTERS/Joshua Roberts The White House will send federal departments a budget proposal on Monday contain... More »
Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S., February 14, 2017. REUTERS/Kevin Lamarque U.S. President Donald Trump’s first budget proposal will spare big social welfare programs such as Social Security an... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 22, 2017. REUTERS/Brendan McDermid U.S. stocks were set to open lower on Friday as a drop in oil prices weighed and investors assessed if the “Trump rally” had gone too... More »
A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Bond market jitters spilled over into stocks on Friday, pulling European indexes lower for a third straight session, and the dollar was poised for a ... More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration The dollar hit a one-week low on Friday and was set for its first week of falls in three, as the “Trumpflation trade” that took the greenback to 14-year h... More »
President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst U.S. President Donald Trump on Thursday spoke positively about a border adjustment tax being pushed by Republi... More »
A bank employee counts one hundred dollar notes at a bank in Seoul February 26, 2009. REUTERS/Lee Jae-Won (SOUTH KOREA) The dollar drifted on Thursday as impact from the Federal Reserve’s policy meeting minutes and supportive comments from a top U.S. official ... More »
U.S. President Donald Trump (L) watches as Vice President Mike Pence (R) swears in Steve Mnuchin as Treasury Secretary next to his fiancée Louise Linton in the Oval Office of the White House in Washington February 13, 2017. REUTERS/Yuri Gripas President Donald... More »
Steven Mnuchin testifies before a Senate Finance Committee confirmation hearing on his nomination to be Treasury secretary in Washington, U.S., January 19, 2017. REUTERS/Joshua Roberts The U.S. Senate is expected to confirm former Goldman Sachs banker and Holl... More »
U.S. Rep. Tom Price (R-GA) listens to opening remarks prior to testifying before a Senate Finance Committee confirmation hearing on his nomination to be Health and Human Services secretary on Capitol Hill in Washington, U.S., January 24, 2017. REUTERS/Carlos B... More »
The headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the ‘Luminale, light and building’ event in Frankfurt, Germany, March 12, 2016. EUTERS/Kai Pfaffenbach/File Photo For seven years, the United States has ... More »
U.S. House Speaker Paul Ryan holds a news conference at the U.S. Capitol in Washington, U.S. January 5, 2017. REUTERS/Jonathan Ernst U.S. House of Representatives Speaker Paul Ryan and top members of President-elect Donald Trump’s transition team on Monday dis... More »
The U.S. Capitol Building is lit at sunset in Washington, U.S., December 20, 2016. REUTERS/Joshua Roberts A new, Republican-controlled U.S. Congress convenes on Tuesday eager to repeal major portions of President Barack Obama’s healthcare law and roll back env... More »
Rex Tillerson speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015. REUTERS/Daniel Kramer/File Photo With more than 20 nominees now selected, Donald Trump&rsquo-s cabinet appears much like the president-elect himself: mostly o... More »
U.S. President-Elect Donald Trump speaks at event at Carrier HVAC plant in Indianapolis, Indiana, U.S., December 1, 2016. REUTERS/Chris Bergin Some big hedge funds got a bump in November after Donald Trump’s surprise U.S. presidential election victory sent sto... More »
Alan Tudyk, Rachel House, Auli’i Cravalho, Dwayne Johnson, Nicole Scherzinger and Temuera Morrison. REUTERS/Danny Moloshok By Brent LangLOS ANGELES (Variety.com) – Disney’s “Moana” sailed to the top of the Thanksgiving box office, earning a mighty $81.1 millio... More »
