What the Bond Market Is Telling Us About the Biden Economy
What is happening is known as a “steepening of the yield curve,” with long-term rates rising as short-term rates hold still. It tends to presage...
Tag : Treasury Department
Tough Sanctions, Then a Mysterious Last-Minute Turnabout
WASHINGTON — In early December, an Israeli billionaire named Dan Gertler made an unusual request to the Treasury Department. A mining magnate who had been...
Comparing Biden and Trump’s Cabinet Picks
WASHINGTON — Among the most urgent tasks a new president faces is assembling a core group of advisers to serve in the cabinet. Donald J....
Cabinet Picks: Comparing Biden and Trump’s First Teams
WASHINGTON — Among the most urgent tasks a new president faces is assembling a core group of advisers to serve in the cabinet. Donald J....
Janet Yellen Is Sworn In as Treasury Secretary
Janet L. Yellen was sworn in as Treasury secretary on Tuesday by Vice President Kamala Harris, a history-making moment as both women are the first...
Senate Confirms Janet L. Yellen as Treasury Secretary
WASHINGTON — The Senate confirmed Janet L. Yellen, a labor economist and former Federal Reserve chair, to be Treasury secretary on Monday, putting in place...
Harriet Tubman $20 Bill Redesign to be Accelerated by Biden Administration
President Biden’s Treasury Department is studying ways to speed up the process of adding Harriet Tubman’s portrait to the front of the $20 bill after...
Trump Administration Quietly Eased Sanctions on Israeli Billionaire
Mr. Gertler was found to have used his friendship with Mr. Kabila to act as a middleman for mining sales in Congo, requiring other companies...
Yellen Outlines Economic Priorities, and Republicans Draw Battle Lines
WASHINGTON — Janet L. Yellen, President-elect Joseph R. Biden Jr.’s nominee for Treasury secretary, vowed on Tuesday to pursue policies to help workers whose livelihoods...
Blackstone’s Schwarzman Stays Loyal to Trump
To Mr. Schwarzman, the notion appeared absurd. “This has been a tough time,” he said, according to a participant who shared details from a transcript...