Treasury Secretary Steven Mnuchin
U.S. Weighs Emergency Powers to Curb Tech Investments by China
published Apr 19, 2018, 6:15:51 PM, by Saleha Mohsin (Bloomberg) — The Treasury Department is considering using an emergency law to curb Chinese investments in sensitive technologies, as the Trump administration looks to punish China for what it sees as violations of American intellectual-property rights. The U.S. government is reviewing
Trump Predicts China Will Be First to Buckle in Trade Dispute
published Apr 8, 2018 12:22:19 PM, by Ros Krasny and Shobhana Chandra (Bloomberg) — President Donald Trump predicted China will be first to buckle as the world’s largest economies teeter on the brink of a trade war that’s sent financial markets reeling, without indicating where his assessment sprang from. “China
Tax Cut Calculator Unveiled by Treasury to Verify Withholding
published Feb 28, 2018, 4:42:18 PM, by Sahil Kapur (Bloomberg) — The U.S. Treasury Department unveiled an online calculator Wednesday to help Americans determine whether the amount of federal taxes being withheld from their pay is accurate under a new tax law. The tax overhaul, passed by congressional Republicans in
Trump Pick for Fed’s Wall Street Watchdog Plans to Ease Rules
published Jul 26th 2017, 4:45 pm, by Elizabeth Dexheimer and Jesse Hamilton (Bloomberg) —President Donald Trump’s pick to be the Federal Reserves top Wall Street watchdog said it’s time to reconsider the restrictions imposed on banks in recent years, even as he credited regulations with helping stabilize the financial system
Russians Drop Texas Oil Bid, Averting Trump Security Review
published Jun 26th 2017, 7:50 am, by Stephanie Baker and Matthew Monks (Bloomberg) —Only 16 months ago, the Russian billionaire Mikhail Fridman and his business partners happily sank $200 million into Uber. But now Fridman’s investment company, LetterOne, has pulled out of an even bigger U.S. investment to avoid resistance from
What Trump Has Done for (and to) Your Finances
published Apr 28th 2017, 4:00 am, by Suzanne Woolley (Bloomberg) — The long-term impact of a new presidential administration’s early acts is almost impossible to assess. That hasn’t stopped some from making weighty pronouncements on Donald Trump’s first 100 days, including Donald Trump. And it won’t stop us. With that,
Mnuchin Says Tax Overhaul Plan Will Happen by Year’s End
published Apr 20th 2017, 4:00 pm, by Lynnley Browning and Saleha Mohsin (Bloomberg) —The Trump administration is aiming to complete the biggest overhaul of the tax code since President Ronald Reagan by the end of the year, even if a second attempt to repeal the Affordable Care Act fails, according
Asian Stocks to Gain After Yen Slips as Risks Fade: Markets Wrap
published Apr 17th 2017, 5:53 pm, by Garfield Reynolds (Bloomberg) —Asian equity futures indicated most regional bourses would gain after U.S. stocks rose the most in six weeks. The yen weakened against most peers as geopolitical threats eased and a fresh set of American economic data damped the odds for a