US Treasury News

Major stock markets around the world rose for the first time in days Monday as the U.S. said it plans to swiftly implement a broad financial rescue package and Europe put almost $2 trillion on the line to break ...

" So how will it end? President Bush is down to his final 100 days in office as of Sunday.

The Federal Reserve and the Treasury Department announced new plans Tuesday to loosen credit markets.

U.S. Democratic presidential candidate Barack Obama urged the Treasury Department to move quickly to carry out a rescue plan for financial markets, after U.S. stocks suffered a nearly 700-point decline on ...

Highlights of Paulson statement at World Bank Comments Highlights of Treasury Secretary Henry Paulson's statement Sunday to a meeting of the World Bank's development committee, as provided by the Treasury ...

The world's rich nations vowed on Friday to take all necessary steps to unfreeze credit markets and ensure banks can raise money but they offered no collective course of action to avert a deep global recession.

Emergency interest rate cuts Wednesday by the Federal Reserve and five other central banks left in doubt whether government efforts to cure the financial crisis would show results fast enough to avert fresh ...

Washington - Liberal Democrats, or perhaps the better term would be Socialists, who pushed for allowing the government to own stakes in banks as a provision in the bailout plan saw the market react negatively ...

Finance officials from the Group of Seven announced here Friday a plan of action to battle the ongoing global financial crisis.

The United States and six other nations that are among the world's richest agreed on Friday to a coordinated plan to rescue the financial industry, but fell short of offering concrete steps to backstop bank ...

French Finance Minister Christine Lagarde, left, German Finance Minister Peer Steinbrueck, and U.S. Treasury Secretary Henry Paulson pause during the group photo of the G7 Finance Ministers at the Treasury ...

Bank of Italy Governor Mario Draghi attends the G7 Ministerial meeting at the Treasury Department in Washington, D.C., October 10, 2008.

Passage of the Wall Street rescue package is not the beginning of the end of Washington's role in the financial crisis; it is merely the end of the beginning.

Nearly all the $3.4 trillion in money-market mutual funds is expected to be federally guaranteed for at least the next three months, now that all the major fund providers signed up to participate by a deadline ...

Does John McCain really think Meg Whitman would make a good treasury secretary, or was he just trying to win over a few Hillary voters when he was asked a question on this topic during Tuesday's debate? I ...

A Toledo charity that the Treasury Department has linked to the militant Islamic group Hamas is demanding that federal officials lift a two-year freeze of its assets.

John McCain is trying to turn the race around with his new $300 billion housing policy that would have the Treasury Department buy up distressed mortgages and refinance them with new loans reflecting the ...

The Bush administration is considering taking ownership stakes in a number of U.S. banks as one option it might use to deal with a serious credit crisis, an administration official said Wednesday.

Having tried without success to unlock credit markets, the Treasury Department may take ownership stakes in many U.S. banks to try to restore confidence in the financial system, government officials say.The ...

Financial industry may face new rules next year 1/5 President Bush signs the Emergency Economic Stabilization Act of 2008 in the Oval Office of the White House in Washington after the House passed the $700 ...