The U.S. government agency that prints currency notes hasn’t been instructed to take Harriet Tubman’s picture off new $20 note redesign project and is proceeding with the Obama administration’s plan.
U.S. Treasury Secretary Steven Mnuchin said his staff explored the use of a government plane for his honeymoon “purely” for national security reasons and then withdrew the request after finding a way to ensure secure communications while traveling.
Treasury Secretary Steven Mnuchin sought to use a U.S. Air Force jet for his honeymoon to Europe last month for national security reasons, a request that was later withdrawn.
Treasury Secretary Steven Mnuchin warned the U.S. may impose additional sanctions on China -- potentially cutting off access to the U.S. financial system -- if it doesn’t follow through on a fresh round of United Nations restrictions against North Korea.
Janet Yellen is among the contenders being considered by President Donald Trump to run the U.S. central bank after her current term as Federal Reserve chair expires in February, said Treasury Secretary Steven Mnuchin.
Two top Trump administration officials said it may not be possible for President Donald Trump to deliver on his promise to cut corporate tax rates to 15 percent.
The additional spending needed to help Texas recover from Hurricane Harvey may reduce the amount of time Congress has to increase the federal debt limit, U.S. Treasury Secretary Steven Mnuchin said.
U.S. Treasury Secretary Steven Mnuchin paid a rare official visit to Fort Knox to check out the nation’s gold stash on Monday -- while keeping an open mind for future film projects.
U.S. Treasury Secretary Steven Mnuchin and Senate Majority Leader Mitch McConnell predicted Congress will raise the country’s debt limit in time to prevent an unprecedented default.
Treasury Secretary Steven Mnuchin emerged over the weekend as one of the staunchest defenders of Donald Trump in the Cabinet, bringing stability to the administration’s economic policy agenda as it heads into what’s expected to be an unpredictable debt-limit debate.
Treasury Secretary Steven Mnuchin pushed back against demands made by his former classmates at Yale University that he resign from Donald Trump’s cabinet, and on Saturday defended the president’s response to last weekend’s deadly protests in Charlottesville, Virginia.
As Treasury Department aides filtered in for a routine meeting on Wednesday, there was one main issue to be discussed: Secretary Steven Mnuchin does not stand with Donald Trump on the topic of neo-Nazis.
The Trump administration expanded U.S. sanctions against Venezuela by freezing assets of eight Venezuelans as it seeks to raise pressure on the government of President Nicolas Maduro.
The U.S. is preparing to expand sanctions against Venezuela by freezing assets of 10 to 20 additional people tied to the government of President Nicolas Maduro, according to two people familiar with the matter.
White House officials outlined what one of them called an “aggressive” timetable Monday for getting a tax overhaul in place before the end of the year.
The Trump administration sanctioned Venezuela’s President Nicolas Maduro on Monday, accusing him and his government of undermining democracy in the South American country.
Health and Human Services Secretary Tom Price said Sunday that “no decision’s been made” on whether to continue key Affordable Care Act subsidies to health-insurance companies, but that the administration’s job is “to follow the law of the land.” A top White House aide said President Donald Trump will decide soon.
The U.S. debt limit needs to be raised in a “calm, thoughtful” manner that steers clear of political uncertainty that would spook markets, Democratic Senator Ron Wyden said.
Exxon Mobil Corp. says it is legally challenging a $2 million fine assessed against it by the U.S. Treasury Department for “egregious” violations of sanctions against Russia when now-Secretary of State Rex Tillerson was chief executive.
The brief honeymoon between the world’s two largest economies appears to be over.
Talks between the world’s two biggest economies got off to a tense start as U.S. Commerce Secretary Wilbur Ross upbraided China over the trade imbalance and both governments canceled their closing press conferences.
U.S. and Chinese economic chiefs sidestepped their differences over North Korea and steel imports ahead of a high-level forum in which the Trump administration is seeking clear commitments from China to open its markets.
Treasury Department officials called bond traders and their advisers on Friday to assure them that the Trump administration isn’t considering prioritizing U.S. debt payments if Congress fails to increase the nation’s borrowing authority later this year, according to two people familiar with the matter.
Deep within the Treasury Department sits a once-secret plan written by the Obama administration that could lead to the first-ever default on U.S. debt. Bond traders are worried that Donald Trump’s Treasury secretary may have to use it.
Federal Reserve Chair Janet Yellen’s candidacy for another term is encountering resistance from some Trump administration advisers who want a new leader at the U.S. central bank, according to two administration officials, even as the Treasury secretary indicated she may still be in the running.
It turns out that President Donald Trump’s “America first” push needs some help from abroad.
The U.S. Treasury Department wants to include China among a proposed group of hostile nations whose companies would undergo extra scrutiny for national security risks if they seek to buy stakes in American corporations, according to an administration official.
The U.S. Treasury secretary says there may be such a thing as a “good” government shutdown.
The top Democrat on the tax-writing Senate Finance Committee said a bipartisan tax deal is impossible if Treasury Secretary Steven Mnuchin can’t commit to an overhaul that avoids giving the highest-earning Americans a tax cut.
President Donald Trump won’t veto a tax bill even if it provides the wealthiest Americans with a tax cut, according to Treasury Secretary Steven Mnuchin.
U.S. Treasury Secretary Steven Mnuchin said he’s “comfortable” the government can be funded until the start of September even as he urged Congress to lift the debt cap as quickly as possible to avoid agitating markets.
U.S. Treasury Secretary Steven Mnuchin downplayed differences with Canada as the two nations prepare to reframe their trading relationship and the Canadian government charts a course that relies less on American leadership.
The U.S. government has “backup plans” for funding itself if Congress doesn’t raise the debt limit before lawmakers leave for their August recess as hoped, Treasury Secretary Steven Mnuchin said.
U.S. tax revenue is running as much as $70 billion behind estimates more than halfway through the fiscal year, leaving the government with less cash than planned and adding to pressure on Congress to raise the debt ceiling.
U.S. Treasury Secretary Steven Mnuchin said he wants to maintain national security as the main focus of a government panel that reviews foreign investments, though he’s open to working with Congress on technical changes.
Congress should extend the U.S. government’s borrowing authority before lawmakers depart for their traditional August vacation, the White House said Monday, as the Trump administration sought to ratchet up pressure on Capitol Hill to avoid an unprecedented default on the national debt.
President Donald Trump’s chief economic adviser said Friday that Congress has no choice but to vote to raise the government’s borrowing authority, and that the White House will consider spending cuts or other riders to avert an unprecedented default.
Wealthy Americans have put off some of their tax bills this year, causing such a pinch to government revenue that the U.S. could face a default on its debt months sooner than the White House expected.
Treasury Secretary Steven Mnuchin is trying to fill a leadership vacuum in his department by increasingly recruiting financial industry executives for senior positions that come with a perk: a title that doesn’t require Senate confirmation.
Treasury Secretary Steven Mnuchin said that he can’t guarantee that the White House’s goal of no tax cuts for the wealthiest earners will survive the legislative debate.
Steven Mnuchin will be overshadowed during his first congressional testimony as Treasury secretary on Thursday by a deepening political crisis at the White House that threatens his aspirations for tax and regulatory overhauls.
Treasury Secretary Steven Mnuchin said the first ultra-long bond issuance could “absolutely” make sense to help finance the U.S. government, while indicating he’d be reluctant to swell the federal budget deficit to pay for planned infrastructure investment.
Steven Mnuchin quips that he uses super powers to avoid breaching the debt ceiling, has speed-dated dozens of fellow finance ministers fretting about the Trump administration’s protectionist tilt, and has received a Ph.D. in sanctions during his first 2 1/2 months as U.S. Treasury secretary.
Treasury Secretary Steven Mnuchin confirmed the administration will propose a corporate tax rate reduction to 15 percent and said lawmakers broadly agree on the need for a tax overhaul, citing a “very successful meeting” on Tuesday evening in Washington.
The Trump administration’s tax proposal may inflict a short-term hit to revenue but will cover the gap by boosting economic growth over the next decade, Treasury Secretary Steven Mnuchin said.
Treasury Secretary Steven Mnuchin called the International Monetary Fund’s outlook for the U.S. economy a “little conservative” as he repeated the Trump administration’s goal of getting to 3 percent growth or faster.
The tax code became too expensive and burdensome under former President Barack Obama’s administration, making a review of 2016 and 2017 tax rules necessary, Treasury Secretary Steven Mnuchin said.
President Donald Trump will sign an executive order Friday directing Treasury Secretary Steven Mnuchin to review any significant tax regulations from last year, especially those that might burden Americans.
The Trump administration is aiming to complete the biggest overhaul of the tax code since President Ronald Reagan by the end of the year, even if a second attempt to repeal the Affordable Care Act fails, according to Treasury Secretary Steven Mnuchin.
The Trump administration is so alarmed that Chinese investors may try to purchase Westinghouse Electric Co.’s nuclear business that U.S. officials are trying to find an American or allied buyer for the company instead, two people familiar with the matter said.
Treasury Secretary Steven Mnuchin warned that a refusal by trading partners to strike deals with better benefits for U.S. workers and companies will provoke protectionist measures.
U.S. Treasury Secretary Steven Mnuchin said the White House is committed to a tax overhaul that includes corporate and individual tax cuts, while acknowledging it may be a challenge to get it completed by August.
U.S. Treasury Secretary Steven Mnuchin and German Finance Minister Wolfgang Schaeuble toned down sparring over trade and the euro’s exchange rate, saying the two governments will intensify talks and seek to avert open conflict.
The U.S. Treasury Department appointed people to four top-ranking roles that don’t require Senate approval, allowing Secretary Steven Mnuchin to start fulfilling the Trump administration’s economic agenda with some of his senior team in place.
Steven Mnuchin’s picks for the top ranks of the U.S. Treasury are stalled due to resistance from White House aides, including one recruit whose Twitter account was scrutinized for potential criticism of Donald Trump, according to people familiar with the matter.
Treasury Secretary Steven Mnuchin signaled no urgency to designate China a currency manipulator, saying he wants to use a regular review of foreign-exchange markets to determine if the U.S.’s largest trading partner is cheating.
Within hours of being sworn in, U.S. Treasury Secretary Steven Mnuchin’s counterparts from Tokyo to Berlin started telegraphing warnings to him: Please don’t call the yen weak. Be careful how you talk about cutting financial regulations -- Europe is listening.
President Donald Trump plans to nominate David Malpass, a former Bear Stearns economist, as U.S. Treasury undersecretary for international affairs, said a person familiar with the deliberations. His first job will be to help guide policy as the world wonders whether the new administration will make a habit of talking up or down other countries’ currencies.
Goldman Sachs Group Inc. banker Jim Donovan is under consideration for the No. 2 job at the Treasury Department, said a person familiar with the deliberations, but he’s got one big thing working against him.