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Treasury Department

China No Currency Manipulator, At Least Not By US Government Standards

Posted: July 9, 2010 at 4:50 am

The Treasury Department decided not to name China as a currency manipulator in a cleverly worded decision. The opinion was part of a Treasury report to Congress-- the "Semi-Annual Report ...
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AIG’s Robert Benmosche: The Great Quitter

Posted: July 1, 2010 at 5:11 am

Robert Benmosche, the CEO of American International Group, threatens to quit his job so often that it could be timed by a metronome. He whined when the press criticized him ...
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Treasury To Raise $340 Billion This Quarter

Posted: May 4, 2010 at 5:16 am

The need for money to support the federal deficit in the April to June period grew from earlier forecasts. The Treasury expects to issue $340 billion in net marketable debt, ...
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The Yuan Debate Inside China Intensifies

Posted: March 30, 2010 at 4:16 am

The debate about the floating exchange rate of the yuan is becoming as intense inside China as it is in the US. Two  economists brought on to advise the central bank ...
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Signs Of The Apocalypse: Dozens Of TARP Banks Miss Payments

Posted: March 20, 2010 at 11:01 am

Among the things that the Treasury Department elects to say very little about is how many of the firms that still owe the government TARP money are not even paying ...
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Bank Reform May Be Short The Votes It Needs

Posted: March 16, 2010 at 4:41 am

The healthcare reform package, the centerpiece of the Obama presidency, never made it though Congress, at least not in the form the President would have liked. It will still struggle ...
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