MARKETWATCH FRONT PAGE After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb. See full story. This CPAC ‘golden calf’ Trump statue is spurring backlash of biblical proportions Comments like ‘the GOP worship a golden crook’ spread …
Read More »NewsWatch: As rising Treasury yields spook stock investors, March looms like a lion
MARKETWATCH FRONT PAGE After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb. See full story. This CPAC ‘golden calf’ Trump statue is spurring backlash of biblical proportions Comments like ‘the GOP worship a golden crook’ spread …
Read More »Capitol Report: Yellen’s nomination to be U.S. Treasury secretary advances on unanimous committee vote
The Senate Finance Committee voted unanimously Friday to approve Janet Yellen’s nomination to be U.S. Treasury secretary. If confirmed by by the full Senate, Yellen would be the first female Treasury Secretary. Sen. Ron Wyden, Democrat of Oregon, said he hoped the full Senate would be able to vote on …
Read More »The Wall Street Journal: Former Ukrainian officials sanctioned by U.S. Treasury over Biden disinformation campaign
WASHINGTON — The Trump administration on Monday blacklisted seven men, including several former Ukrainian officials, for allegedly interfering in U.S. elections as agents of Russia’s government by advancing theories about President-elect Joe Biden’s son. The action targeted associates of Andriy Derkach, a Ukrainian lawmaker sanctioned by the U.S. Treasury Department last September who …
Read More »Janet Yellen is poised to become Treasury secretary in a Biden cabinet — and here’s what that means for cash-strapped American families
In 2014, three months into her four-year tenure leading the Federal Reserve, Janet Yellen was trying to draw an important link for investors, policy makers and community development leaders. “Although we work through financial markets, our goal is to help Main Street, not Wall Street. By keeping interest rates low, …
Read More »Capitol Report: ‘She can start repairing the damage in economic diplomacy’ — analysts react to Yellen as Biden’s Treasury secretary
Economists and other analysts were sounding off Monday following news that President-elect Joe Biden has selected former Federal Reserve Chairwoman Janet Yellen to lead the Treasury Department. Biden plans to nominate Yellen, said a Wall Street Journal article citing unnamed sources, and other news outlets also reported that she was …
Read More »The Fed: Hedge-fund selling was not ‘primary driver’ of Treasury market turmoil, Fed study says
A man wearing a face mask takes a selfie at the Charging Bull statue. angela weiss/Agence France-Presse/Getty Images Hedge funds were not the primary villains of the turmoil in the Treasury market as the grip of the coronavirus intensified in March, according to a Federal Reserve report released Monday. While …
Read More »Medill News Service: Treasury says it will act with ‘urgency’ on humanitarian requests involving sanctioned countries during coronavirus pandemic
The head of the Office of Foreign Assets Control said Friday she wants to ensure that economic sanctions against foreign countries do not impede U.S. humanitarian relief for the COVID-19 pandemic, but the former director of the agency said the business community wants it to go further. The Treasury Department …
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