TREASURY DEPARTMENT
'Once Russian oil is refined¡': US Treasury official echoes EAM S Jaishankar¡¯s words
One of the officials of the US Treasury Department reiterated EAM S Jaishankar¡¯s words on Russian crude oil. Anna Morris, Acting Assistant Secretary for Terror Financing (US Treasury), was in Delhi on April 04. She was asked about US buying a large portion of refine...
Debt Ceiling: Treasury Secretary Yellen warns of 'global financial crisis' if US defaults on debt
The Biden administration and Republican lawmakers have been at loggerheads over how to increase the government's legal borrowing capacity. On Thursday, the government bumped up against the $31.381 trillion debt cap, forcing the U.S. Treasury Department ...
US debt measures likely to be exhausted by October 18: Janet Yellen
Secretary Janet Yellen is telling Congress that the Treasury Department will likely exhaust all of its "extraordinary measures" to avoid an unprecedented default on the government's obligations by Oct. 18.US debt measures likely to be exhausted by October 18: Janet Yellen
US puts India back on Currency manipulation watchlist
The US has put India on its ¡°monitoring list¡± of currency manipulating countries for the third time. This came after the Reserve Bank of India (RBI) made relentless dollar purchase, leading to forex reserves rising by $100 billion this fiscal. Along with India, Taiwan, Thailand Vietnam and Switze...
Trump declares North Korea state sponsor of terror; readies new sanctions
The Trump administration readied new sanctions Tuesday on North Korea, a day after declaring it a state sponsor of terrorism in a move to put additional pressure on Pyongyang's nuclear program. As part of its 'maximum pressure' campaign, President Donald Trump said the Treasur...