Treasury department

U.S. Treasury sees bond liquidity, but not as we know it

U.S. Treasury sees bond liquidity, but not as we know it

Debt investors can breathe a sigh of relief and stop fretting about liquidity in the market, according to the U.S. Treasury.

July 07, 2016 | 10:31 am
FSOC rescinds GE’s too-big-to-fail designation

FSOC rescinds GE’s too-big-to-fail designation

The Financial Stability Oversight Council voted to rescind its designation of General Electric Co. as a systemically important financial institution, the Treasury Department announced Wednesday.

June 29, 2016 | 11:28 am
GAO asked to investigate Central States' investments

GAO asked to investigate Central States' investments

Members of Congress asked the Government Accountability Office on Tuesday to investigate the investment decisions made by the $17.8 billion Teamsters Central States, Southeast & Southwest Areas...

June 21, 2016 | 03:37 pm

Road Carriers Local 707 denied MPRA relief

Road Carriers Local 707 Pension Fund, Hempstead, N.Y., was denied permission by the Pension Benefit Guaranty Corp. to partition the plan and create a new retirement plan for terminated vested and...

June 20, 2016 | 02:17 pm
China dumping U.S. stocks faster than Treasuries

China dumping U.S. stocks faster than Treasuries

While China’s sales of Treasuries have slowed, its holdings of U.S. equities are now showing steep declines.

June 16, 2016 | 11:12 am
Central States will not resubmit application to reduce pension benefits

Central States will not resubmit application to reduce pension benefits

Trustees of the $17.8 billion Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Ill., announced Thursday that they will not resubmit a benefit reduction application to the ...

May 19, 2016 | 05:21 pm
It's back to the drawing board for multiemployer pension reform

It's back to the drawing board for multiemployer pension reform

The result of the first test of a new multiemployer pension reform law has left trustees of the Central States Teamsters pension fund reeling, other troubled multiemployer pension fund officials...

May 16, 2016
Treasury drops a hot potato

Treasury drops a hot potato

The Department of the Treasury's rejection of the benefit reduction application of the Teamsters, Central States, Southeast and Southwest Areas Pension Plan has left participants cheering.

May 16, 2016
Treasury rejects Central States benefit reductions

Treasury rejects Central States benefit reductions

The Treasury Department denied the benefit reduction application of the $17.8 billion Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Ill.

May 06, 2016 | 02:10 pm