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Treasury rates are low due to belief in ‘new normal’ theory, says Trump’s top economist

Kevin Hassett, the White House chief economist, said Wednesday that long-term bond yields are low due to mistaken belief in the ‘new normal’ view of the U.S. economy......»»

Category: topSource: marketwatchJul 11th, 2018

Trump Nominates Former Bear Stearns Chief Economist To Lead World Bank

In a report that elicited chuckles from some corners of Wall Street, the Washington Post reported late Monday that President Trump planned to nominate Treasury Undersecretary .....»»

Category: blogSource: zerohedgeFeb 5th, 2019

Trump: "Imagine If I Had Long Term ZERO Interest Rates To Play With"

US stocks have climbed more than 8% since Treasury Secretary Steven Mnuchin rang up.....»»

Category: blogSource: zerohedgeJan 8th, 2019

Treasury suggests review of postal rates – but not just for Amazon - Washington Post

Washington PostTreasury suggests review of postal rates – but not just for AmazonWashington PostA task force commissioned by President Trump to evaluate the Postal Service's business model is recommending a slew of opti.....»»

Category: topSource: googlenewsDec 4th, 2018

Market Snapshot: Stocks edge higher following Fed minutes as focus shifts to Trump-Xi summit

U.S. stocks turn higher as the transcript of the Federal Reserve’s November meeting contains few surprises other than to reiterate the widespread belief that the central bank is prepared to raise interest rates soon......»»

Category: topSource: marketwatchNov 29th, 2018

The Wall Street Journal: Trump blames Mnuchin for Powell’s Fed interest rate policy

The Wall Street Journal reports President Trump is unhappy with Treasury Secretary Steven Mnuchin, because his Federal Reserve chairman pick has been raising interest rates, a move Trump worries will jeopardize his 2020 chances.....»»

Category: topSource: marketwatchNov 24th, 2018

Mnuchin says Trump respects the independence of the Fed

Treasury Secretary Steven Mnuchin says President Donald Trump respects the independence of the Federal Reserve and his recent comments were simply a reflection of the fact that he favors low interest rates......»»

Category: topSource: foxnewsOct 12th, 2018

Senate confirms Clarida as Fed vice chairman under Powell

Economist Richard Clarida won Senate confirmation to be vice chairman of the Federal Reserve, reinforcing U.S. central bank leadership as it faces criticism from President Donald Trump over plans to keep increasing interest rates......»»

Category: topSource: moneycentralAug 28th, 2018

Treasury Secretary: Trump not threatening Fed"s independence

U.S. Treasury Secretary Steven Mnuchin said Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. .....»»

Category: topSource: moneycentralJul 22nd, 2018

Treasury Secretary: Trump not threatening Fed"s independence

U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates......»»

Category: topSource: foxnewsJul 21st, 2018

Treasury Secretary Mnuchin says Trump "supports" the Fed"s independence

Treasury Secretary Steven Mnuchin tried to soothe fears President Donald Trump is trying to sway the Federal Reserve's plans to raise interest rates this year......»»

Category: topSource: cnnJul 21st, 2018

Treasury yields tick higher after Trump says China and EU manipulate their currencies, rates

Treasury yields briefly rose early Friday after President Donald Trump said in a tweet that China and the Euro.....»»

Category: topSource: marketwatchJul 20th, 2018

Bond Report: Treasury yields fall as Trump says he’s not happy about Fed hiking rates

Treasury yields fell on Thursday as President Donald Trump said he was concerned the Federal Reserve was raising rates, undoing the fiscal stimulus pushed by his administration......»»

Category: topSource: marketwatchJul 19th, 2018

Hours after tweeting about interest rates, Trump nominates two people to Federal Reserve

Trump nominated economist Richard Clarida and banker Michelle Bowman to serve on the Federal Reserve Board. Trump gets to fill six of the seven Fed board seats......»»

Category: topSource: washpostApr 16th, 2018

Hours after tweeting about interest rates, Trump nominates two people to Fed

President Trump nominated economist Richard Clarida and banker Michelle Bowman to serve on the Federal Reserve Board, which sets interest rates and plays a large role in steering the U.S. economy and banking system......»»

Category: topSource: washpostApr 16th, 2018

Trump contradicts his Treasury Department, accuses China and Russia of currency cheating

"Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!” the president wrote on Twitter......»»

Category: topSource: washpostApr 16th, 2018

Amazon will pay $0 in federal taxes this year, partially thanks to Trump

Amazon is one of the world's biggest companies, with $232 billion in 2018 revenue. But the company will not pay one cent in federal taxes this year thanks to friendly corporate tax rates and a mix of tax credits and deductions......»»

Category: topSource: moneycentralFeb 16th, 2019

Treasury sanctions five Venezuelan officials close to Maduro

The U.S. Treasury on Friday announced sanctions on five officials aligned with Nicolas Maduro, whom the Trump administration no longer recognizes as Venezuela's pres.....»»

Category: topSource: marketwatchFeb 15th, 2019

Recession Alert: Treasury Receipts Turn Negative For The First Time Since The Trump Election

On the surface, today's monthly budget statement showed some good news: in December the US Treasury brought in total receipts of $31.....»»

Category: blogSource: zerohedgeFeb 13th, 2019

No plans yet for US, China presidents to meet on trade

Treasury Secretary Steven Mnuchin says there are no plans yet for President Donald Trump and Chinese President Xi Jinping to meet to finalize a trade deal. .....»»

Category: topSource: moneycentralFeb 6th, 2019

Trump nominates Treasury"s Malpass to lead World Bank

President Donald Trump said Wednesday he's nominating David Malpass to head the World Bank. Malpass currently serves as U.S. Treasury undersecretary for international affairs and has been a criti.....»»

Category: topSource: marketwatchFeb 6th, 2019