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U.s. treasury

U.s. treasury

The Department of the Treasury is the national treasury of the federal government of the United States where it serves as an executive department. The department oversees the Bureau of Engraving and Printing, and the U.S.

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US should get large share of TikTok sale proceeds: Trump
Technology

US should get large share of TikTok sale proceeds: Trump

New York, Aug 4 US President Donald Trump has said that the country should get a large percentage of ...

Mnuchin expects US Senate to pass COVID-19 relief bill by July end
International

Mnuchin expects US Senate to pass COVID-19 relief bill by July end

Washington, July 10 US Treasury Secretary Steven Mnuchin said that President Donald Trump's administration will work with the ...

ADB sells $4 billion 3-year global benchmark bond
Business

ADB sells $4 billion 3-year global benchmark bond

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a four billion dollar three-year global bond, proceeds of which will be part of ADB's ordinary capital resources.

US Treasury Secy, Fed chief differ over economic recovery
International

US Treasury Secy, Fed chief differ over economic recovery

Washington, July 1 US Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell offered Congressional lawmakers different ...

Mnuchin sees 'strong likelihood' of needing another COVID-19 relief bill
International

Mnuchin sees 'strong likelihood' of needing another COVID-19 relief bill

US Treasury Secretary Steven Mnuchin said that the administration will carefully review the economic situation in the next few ...

U.S. Treasury to borrow 3 trillion USD in second quarter amid COVID-19 fallout
International

U.S. Treasury to borrow 3 trillion USD in second quarter amid COVID-19 fallout

U.S. Treasury expects to borrow 2.999 trillion dollars in privately-held net marketable debt from April through June, assuming an end-of-June cash balance of 800 billion dollars, the department said in a statement.

US looking to store several hundred million barrels of oil in strategic reserve: Treasury Secretary
International

US looking to store several hundred million barrels of oil in strategic reserve: Treasury Secretary

US Treasury Secretary Steven Mnuchin said during remarks at White House that the United States is looking into storing an additional several hundred million barrels of oil in the nation's Strategic Petroleum Reserve.The Treasury Secretary said the Trump administration is looking at a variety of strategies to help, but excluded a bailout of the oil industry as an option.

ADB sells $4.5 billion five-year global benchmark bond
Business

ADB sells $4.5 billion five-year global benchmark bond

The Asian Development Bank (ADB) returned to the US dollar bond market on Wednesday with the pricing of a 4.5 billion dollars five-year global benchmark bond issue proceeds of which will be part of ADB's ordinary capital resources.

ADB sells $4.5 billion two-year global bonds in largest-ever single tranche outing
Business

ADB sells $4.5 billion two-year global bonds in largest-ever single tranche outing

The Asian Development Bank (ADB) has returned to the US dollar bond market with the pricing of a two-year global bond with a principal amount of 4.5 billion dollars, proceeds of which will be part of ADB's ordinary capital resources.

Amid COVID-19 crisis, US slaps Iranian individuals with fresh sanctions
International

Amid COVID-19 crisis, US slaps Iranian individuals with fresh sanctions

As Iran struggles to battle the spread of COVID-19, the United States on Thursday heaped more economic pressure on the country by slapping a fresh round of sanctions on more than a dozen Iranian individuals and five companies.

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