Treasury department

Senators ask Mnuchin to review process for too-big-to-fail label

Senators ask Mnuchin to review process for too-big-to-fail label

Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial system, arguing it has led to substantial regulatory costs.

March 28, 2017 | 03:17 pm
Western States multiemployer plan applies with Treasury for benefit cuts

Western States multiemployer plan applies with Treasury for benefit cuts

Western States Office & Professional Employees Pension Fund, Portland, Ore., is seeking permission to cut benefits for participants, including retirees, as part of a proposed rescue plan awaiting...

March 15, 2017 | 02:45 pm
Donald Trump to nominate CFTC chairman, deputy treasury secretary

Donald Trump to nominate CFTC chairman, deputy treasury secretary

President Donald Trump will nominate J. Christopher Giancarlo as chairman of the Commodity Futures Trading Commission and James Donovan as deputy treasury secretary.

March 15, 2017 | 12:49 pm
 Passive investing set to impact Treasuries market

Passive investing set to impact Treasuries market

The Fed and active bond investors might benefit from the trend to passive investing.

March 14, 2017 | 06:00 am
Senate confirms Steven Mnuchin as Treasury secretary

Senate confirms Steven Mnuchin as Treasury secretary

Steven Mnuchin was confirmed by the Senate late Monday as U.S. Treasury secretary.

February 13, 2017 | 05:17 pm

Trump: Review Dodd-Frank, delay or replace fiduciary rule

President Donald Trump continued his push to trim federal regulations, signing on Feb. 3 an executive order that federal regulators revisit the 2010 Dodd-Frank Wall Street Reform and Consumer...

February 06, 2017
Senate Finance Committee approves Steven Mnuchin for Treasury secretary

Senate Finance Committee approves Steven Mnuchin for Treasury secretary

Republican members of the Senate Finance Committee on Wednesday overcame a boycott by their Democrat counterparts to approve the nomination of Steven Mnuchin to serve as U.S. Treasury secretary.

February 01, 2017 | 11:25 am
Democrats boycott Senate committee vote on Treasury nominee Steven Mnuchin

Democrats boycott Senate committee vote on Treasury nominee Steven Mnuchin

A Senate Finance Committee executive session scheduled to vote Tuesday on Steven Mnuchin as the next Treasury secretary was derailed when Democratic members boycotted the meeting.

January 31, 2017 | 11:24 am
The pulse of emerging markets debt

The pulse of emerging markets debt

Despite uncertainties, emerging market debt valuations appear attractive amid relatively healthy fundamentals and expectations for faster global growth.

January 30, 2017 | 05:00 am
Steven Mnuchin to work on retirement reforms, revisit Dodd-Frank regulations if confirmed

Steven Mnuchin to work on retirement reforms, revisit Dodd-Frank regulations if confirmed

Steven Mnuchin, the nominee for Treasury secretary, said that if confirmed he will work with Congress on retirement reforms including ways to spur retirement savings by simplifying the tax code, and...

January 24, 2017 | 03:39 pm
Steven Mnuchin says he will tackle tax loopholes, protect retirement savings

Steven Mnuchin says he will tackle tax loopholes, protect retirement savings

Steven Mnuchin, the nominee for Treasury secretary, tells a Senate confirmation panel that if confirmed he would work to simplify the tax code, including closing tax loopholes that permit offshore...

January 19, 2017 | 03:38 pm
The world according to Trump

The world according to Trump

Here are three basic observations to keep in mind as one considers what the new Trump administration portends for the asset management industry.

January 17, 2017 | 11:55 am
Steven Mnuchin to divest stakes in 43 investments to avoid conflict

Steven Mnuchin to divest stakes in 43 investments to avoid conflict

U.S. Treasury Secretary nominee Steven Mnuchin, who would be among the richest men to hold the job this century, plans to divest his interests in 43 companies and investments to avoid conflicts.

January 11, 2017 | 03:25 pm
GAO: Non-bank SIFIs showing less risk

GAO: Non-bank SIFIs showing less risk

American International Group and Prudential Financial, the two remaining non-banks considered systemically important financial institutions by federal regulators, pose less risk than when they were...

January 09, 2017 | 04:09 pm