treasury

Back in June, Timothy Geithner, the Treasury secretary, praised China's announcement that it would move to a more flexible exchange rate.

One important element of the flight from the USD has been a synchronous exit out of longer-dated US Treasury securities.

That turned out to be a mistake. The new treasury secretary refused to put federal money anywhere but in the Bank of the United States.

Food, clothing, and money were to be used in common. . . the surplus from the harvest was to revert to the communal treasury.

And He sat down opposite the treasury and watched how the crowd cast money into the treasury.

The first government of the United States was weak. It had many debts and an empty treasury. Its support from the people was not firm.

Mr. Arledge said if improving tax receipts were to allow such a reduction, that would further support the nominal Treasury market.

But the euro was an incomplete currency: it had a central bank but no treasury.

The three parties accept the Treasury's assessment about how much deficit reduction will be necessary.

41 And He sat down opposite the treasury and watched how the crowd cast money into the treasury. And many rich people cast in much.

However, in such a case, he said, the treasury could supply emergency funds.

Part of that gain has come from the fall in Treasury yields, to which corporate bonds are benchmarked.

With that in mind, the Treasury is mulling plans for which obligations will not be met. None of the options look good.

As a hedge, Gaines recently added Treasury Inflation-Protected Securities, or TIPS, to his and his wife's retirement accounts.

Treasury Secretary Geithner told members of the Senate banking committee that economic recovery efforts are beginning to take effect.

Timothy Geithner was sitting in his spacious Treasury Department office overlooking the White House earlier this month, mulling the U. S.

If any fight, we are the hands of a cast of American treasury bonds, old enough to drink a pot of the United States.

But the truth is that the treasury is bare, the treasury is empty and yet we continue to spend all this money.

Yet the American treasury secretary's worker ants continue to draft financial reforms as if nothing were amiss.

US Treasury Secretary Timothy Geithner said he welcomed the greater sense of urgency being shown over Greece.

Treasury bonds were weaker and yields rose as investors cut safe-haven positions built up in case of a drawn-out election.

It has no common treasury, no tax-raising powers, no joint bonds and no central bank acting as lender of last resort.

With the Treasury frantically trying to cut spending and raise debt, the disposal of the UK's bullion looks to be a misjudgment.

Rep. Frank said the Treasury agreed to an independent board to monitor the bailout and report on its progress to Congress and the public.

That it had done so with investments in Treasurys at a time when Treasury prices are close to historic highs?

A Treasury official said the strategic economic dialogue would "focus on the long-term structural issues between our two countries" .

The Treasury Department said the sanctions against Gadhafi, three of his sons and a daughter also apply to the Libyan government.

On Tuesday, Treasury Secretary Timothy Geithner said 'the vast majority' of banks could be considered well-capitalized.

The Treasury, after all, is innovating itself silly trying to get us out of this mess.

He said the chance of a downgrade represents "a higher risk level for the Treasury market than at any point in the memorable past" .

The bank executives pilloried by the UK's Treasury select committee of MPs were all exceptional people.

For a few of the world's key decision makers, it is not in their economic interest to stop, or even slow, the purchase of Treasury Bills.

A gang of murderous robbers in broad daylight into the Commonwealth Bank, the Bank treasury surrounded the taking of the treasury staff.

Cutting the rate to 25 percent would seem to cost the Treasury about $100 billion a year.

All three candidates in the presidential race offered cautious endorsement of at least some parts of the Treasury's plan.

The Treasury's hope was that it could find a private buyer to turn around the bank and quickly repay the taxpayer.

indeed, he himself used the treasury as something of a private source of patronage and sometimes of high living.

And he made clear that, together with the Treasury, the Fed was "carefully" monitoring currency markets.

Mr. Paulson said he would continue to resist efforts to force banks to lend the money they receive from Treasury.

Under the company's plan, the US treasury and the United Auto Workers' union would get 89% of the company between them.

But the Treasury's proposed reforms still appear to leave the door open to substantial taxpayer support of ailing financial behemoths .

There was also renewed optimism on Wall Street that the treasury would eventually be able to hoover up "toxic" mortgage-related assets.

"It seems like it's just a win-win scenario for the Treasury market at this point. That's why we're at these crazy low yields, " he said.

'The Treasury has other things available to them that are all quite disruptive but are better than missing an interest payment, ' he said.

That exercise, led by Treasury demands for spending cuts, was something of a shambles.

How much money is in the company's treasury?

Bond markets continued to gyrate Thursday after a sharp run-up in 10-year Treasury yields the day before.

The EU was missing a common treasury, he noted, which could have served as a last resort to fall back on in the time of a debt crisis.

By taking the bank into public ownership, the Treasury rejected a management buyout and a bid from Virgin founder Sir Richard Branson.

These words spake Jesus in the treasury, as he taught in the temple: and no man laid hands on him; for his hour was not yet come.

A year in which Treasury bond yields stay at 2% or below would probably be one in which America at least flirted with recession.

The CBO figures are based on preliminary data but should be very close to the Treasury Department's official tally due in a week or so.

Geithner said he'd remain Treasury secretary "as long as the president wants me to do it. "

Now, Tim Geithner, US Treasury secretary, seems to feel even the word "problem" is too scary.

Bernanke also said he had not directed then-Treasury Secretary Henry Paulson to threaten to fire management.

But it would have been nice not to have waited so long for the Treasury to start firing on all cylinders.

He said the Treasury was aware that "a number of hedge funds are now facing difficulty" and it was monitoring the sector closely.

If China still fails to respond, the Treasury, by the time of its autumn report, will no longer be able to deny the obvious.

The charter for the bank said federal money had to be kept there unless the secretary of the treasury ordered it put someplace else.

President Jackson's treasury secretary was friendly to the bank. He would not give the order.

The company submitted the final required documents to the Treasury just last week, he said.

Thus, China does not appear to have been a crucial buyer of Treasury securities for the past year or so.

So, during the past few weeks, the Treasury Department and the Federal Reserve have been desperately trying to fight that freeze.

The mysterious pyramid topped with an eye leads some of you to accuse the Treasury of occultism.

Even worse, future growth rates might be merely 1? per cent a year, not 2? per cent, as the Treasury bravely still believes.

Pressure has been growing for the U. S. Treasury to label China a currency manipulator in a report due out on April 15.

There are several reasons for the difference between the Treasury's and outside estimates of how much TARP funds remain.

And if the inflation blip is as one-off and temporary as the Bank and Treasury claim, so too could be the VAT cut.

He found a course on treasury management in Washington, DC, and sent her there for the rest of the month.

The last time yields on short-term Treasury Bills went negative was a year ago during the financial crisis.

Among the debates was the degree to which U. S. Treasury yields might move higher over time.

The stakes are just as high for AIG, and for America's Treasury and Federal Reserve, to which it owes $132 billion.

Summers had been a key Obama economic adviser during the election campaign and some had thought he might get his old job back at Treasury.

And so far, not even the combined official powers of the Fed and Treasury have been able to stop the cascading disasters.

If the British Treasury can be out by a factor of ten, think what the ministry of finance in Sierra Leone is going to be like. (Laughter).

Treasury and SBA are taking that assignment very seriously and working hard to see what would be most feasible and effective.

Treasury Department may apply that label in a twice-a-year report on global currencies which is expected to be released on Friday.

Any expenditure above that will initially come out of the Treasury reserve, but the MoD will have to repay it after two years.

He said he expects the action by the Treasury to increase confidence among international investors in U.

Mr. Allison said the Treasury intends to dispose of its current investment in the bank 'as rapidly' as possible over the next year.

the Treasury does not believe that the court will demand that Fiat put up any of its own cash, nor will it consider doing so.

The Fed could consider re-opening its program of buying Treasury bonds or other securities to try to increase the money supply.

Treasury has no immediate plans to announce such a program and is still fleshing out how it could work.

"Every time you think Treasury yields can't get much lower, they go even lower, " he said.

In 1971, the US Treasury Secretary told the rest of the world it had to deal with a weak dollar.

The central truth of that logic still seems to be apparent as the Treasury keeps finding takers for American debt.

Unlike stocks, it is relatively easy to sell a Treasury that you do not already own (a process known as shorting).

Given that Treasury yields have since plunged back down to 2. 5% or so, how much further can they fall?

In the best of times, the Treasury and the Federal Reserve pretended as if the dollar were America's currency alone.

But people familiar with the matter expect that the Treasury will reflect Mr Frank's concerns in drafting the new rules.

In the best of times, the Treasury and the Federal Reserve pretended as if the dollar were America's currency alone.

But people familiar with the matter expect that the Treasury will reflect Mr Frank's concerns in drafting the new rules.

The Treasury folks insisted that this shakedown, too, was all in "the public interest. "

Tim Geithner, Treasury secretary, said the plan needed to be "comprehensive and forceful" .

Mr King assured the Treasury select committee that he had not come under political pressure to reverse the Bank's policy.

As word of the meeting became public, several of those invited to the Treasury said they were not holding up the legislation.

A Treasury official said it is too early to say how much it would sell.

But the Treasury has congressional limits on how much debt it may issue.

Ms. Bair said the FDIC has the resources to implement the plan, although it would be overseen chiefly by Treasury.

"If I were still Treasury secretary, it would worry the hell out of me, " said James A.

"If I were still Treasury secretary, it would worry the hell out of me, " said James A.

As a collateral benefit, the U. S. Treasury would save a great deal of money on its exposure to AIG.

The action begins a formal Treasury role that, just a few weeks ago, Secretary Paulson said he expected to avoid.

Hank Paulson, now America's treasury secretary, is said to have visited China at least 70 times when he was the firm's chief executive.

A government official said the Treasury urged S&P to reconvene the 'credit' committee in light of the glaring change.

No one seemed to care that in a few months the Treasury would be relieving banks of the mortgages that had started all the trouble.

Large energy projects around the globe are often accompanied by corruption, where the cash flows often do not reach the national treasury.

The Treasury view was that bond-financed public spending was bound to diminish private spending by an equal amount.

But Liam Byrne, the chief secretary to the Treasury, insisted it would be a mistake to cut spending at this point.

It's expected to be several weeks before Treasury begins its first auction, according to people familiar with the matter.

It's expected to be several weeks before Treasury begins its first auction, according to people familiar with the matter.

A senior U. S. Treasury official said the Obama administration intended to put currency issues on the agenda for the IMF meeting here.

A recent Treasury research paper admitted that there was no fail-safe method to estimate the correct value of a currency.

The company said the results include an 18-cent reduction per share from the repurchase of preferred shares from the U. S. Treasury.

By selling their US Treasury bonds, China would have to take on riskier assets at a time when China is trying to cut its exposure to risk.

It announced today that it will buy up to 300 billion dollars in long term Treasury securities over the next six months.

The Fed is now trying to push down long-term interest rates by buying mortgage-backed and perhaps Treasury securities.

In a flight to safety triggered by a default, much of the money bailing out of risky assets could end up in Treasury debt.

Treasury Secretary Timothy Geithner in an attempt to rebalance the global economy, are expected to be debated at the summit.

The spread between yields on two-year notes and 10-year notes narrowed, taking the Treasury curve to its flattest in a week.

China could also try to put pressure on the U. S. by selling some of its vast holdings of Treasury debt.

These words He spoke in the treasury as He taught in the temple; and no one seized Him, because His hour had not yet come.

THE Treasury was always intended to be at the heart of the American government.

Like the first three American presidents, Madison had a small cabinet. There would be a secretary of state and a secretary of the treasury.

Ed Balls, his Treasury spokesman and a defiantly unapologetic veteran of the previous government, might not like all that.

It is all beginning to look somewhat like 2005, when the Treasury secretary was John Snow and George W. Bush was president.

A US Treasury official said exchange rates would have to be part of any such rebalancing, however.

Mr. Beers notified Treasury that the 'credit' committee would be meeting the next day.

The UK Treasury made some half-baked arguments this month about why small institutions can be just as risky as large ones to the system.

At the moment, the cost of smoking far outweighs the amount of money the Treasury gets from cigarette duty, the report says.

Mr King must write to the Treasury each month that inflation exceeds 3pc, and he said he is likely to have to send several more letters.

So the Treasury must designate China (and a few others) as a manipulator, as Mr Obama came close to doing publicly after Seoul.

Domestic banks will no doubt roll over the small amounts of short-term treasury bills maturing in coming months.

Between mid-May and early June the Treasury will bump up against the legal limit on how much debt it may issue.

The Treasury's latest investment will not give it a common equity stake in GMAC, but a previous loan of $884 million could.

The Treasury played down suggestions that it was making emergency contingency plans to shore up Lloyds let alone nationalise the bank.

Such a move could spark a credit run, as panicked creditors attempt to sell Treasury bonds before a dollar collapse.

The spread between high-yield bonds and safe Treasury bonds, for instance, is now close to its peak in early September.

So far, however, there has been no sign of such a shift; indeed, higher Treasury yields may only encourage the carry trade.

Such a designation would require the Treasury Department to open formal negotiations with Beijing over currency policy.

Besides, the Treasury has said it has no interest in being an active investor or telling the industry what cars to make.

That will trigger immediate, mandatory consultations by the Treasury with that country to help get the misaligned currency back on track.

There was a time when that would have been greeted as good news over at the Treasury.

Citigroup is considering a plan in which the US Treasury Department would sell its 34% stake in the bank, The Wall Street Journal said.

The tape recorder installed in the office of secretary of the Treasury brought the government down in less than 3 months.

Treasury Secretary Henry Paulson canceled his planned visit and stayed in Washington to help hammer out a stimulus package.

That's when the U. S. Treasury says it will no longer have the money needed to meet all of its financial obligations.

A government source told the Observer: "This is a victory for the cause of enlightenment over the dark forces at the Treasury. "

Early market reaction to the U. S. Treasury's latest plan appeared to be more positive on Monday.

U. S. Treasury Secretary Timothy Geithner said the U. S. economy is growing in spite of headwinds including the European financial crisis.

Congress should make sure that Treasury is not allowed to blink and pay too much to recoup a taxpayer investment.

Paulson said the treasury was examining how the $700bn Tarp fund could be used to prevent home foreclosures.

If Mr Paulson can pull off the biggest deal of his life, he could be remembered as the most powerful Treasury secretary.

Levin said he intended to hold "some vigorous discussions this week" with Treasury officials on the currency issue.

And yet, as the slide in the Dow Jones and the rise in US Treasury bond prices implied, there could be real-world consequences.

In fact, the bank will not repurchase warrants granted to the Treasury as part of its investment.

"Every data point that refutes that view is bringing Treasury buyers back into the market reluctantly to cover their positions, " he said.

Treasury Secretary Henry Paulson, who led the US delegation, said the two days of meetings were productive and straightforward.

And the chief priests took the pieces of silver and said, It is not lawful to put them into the temple treasury, since it is blood money.

When action was ultimately forthcoming, Treasury officials failed to articulate a clear sense of principles and priorities for intervention.

Mervyn King, governor of the Bank of England, suggested the possibility yesterday to the Treasury select committee.

The delay of the Treasury Department's currency report suggests the two countries are working on a compromise of some kind, he said.

More importantly for the United States, China would no longer have the surplus dollars to prop up the market for U. S. Treasury bills.

David Lipton, a former treasury official and current White House staffer, is said to be the administration's choice.

The Fed resolved to make no changes to its $300bn Treasury purchase plan, in part because prospects for the economy seemed to be improving.

The US Treasury Department is cracking down on mortgage companies failing to help borrowers at risk of foreclosure.

Treasury bonds. Many ordinary Chinese citizens do not connect China's currency policy with its purchases of U. S. assets.

More importantly, China has continued to buy US Treasury bills at a steady pace to reassure the market it has not lost faith in them.

As you might imagine, I am confident that it is the latter and consider the U. S. Treasury market to be the mother of all bubbles.

Coordinate treasury function, handing treasury function in AHQ, including payment, and coordination with the bank.

Prof Johnson says part of his role as an economist is to "float ideas" in ways Hank Paulson, US Treasury Secretary, for instance, is unable.

Insurers will also be allowed to invest in host of other Chinese financial instruments including Treasury bills and exchange-traded funds.

Tim Geithner, Treasury secretary, has said the administration might propose comprehensive tax reform next year.

The U. S. , in other words, is not likely to face the 'nuclear option' of a Chinese disruption of the U. S. Treasury bond market.

On CNN's Late Edition program, Treasury Secretary Paulson said the action taken by the Federal Reserve was warranted.

The failure to think about the downside results from what I call the "Wall Street-Treasury Complex" .

Now a Treasury plan aims to create nimble watchdogs to head off the next novel trigger of a financial crisis.

America sent its Treasury secretaries (from both parties) around the planet to spread the word.

The Treasury could then sell the stock in the market over a period of time as it has with its investment in Citigroup.

China holds more than $400bn in US Treasury bonds but it has been a small player in higher-risk, global asset classes.

Seeking to reassure the Treasury Secretary, AIG's Liddy said the company would reduce its bonuses in 2009 by 30 percent.

When he was in his twenties, he was an official in the treasury of Yuhang county near Hangchou.

Faced with this, Tim Geithner, US Treasury secretary, is trying to strike a conciliatory tone.

The Fed and its peers had clean balance sheets, with basically nothing but Treasury bills on the asset side.

That was the main lesson of former Treasury Secretary Hank Paulson's semiannual meetings with his Chinese counterparts. For two years, Mr.

"The Fed's Treasury purchases weighed on the dollar but failed to reverse the yield rally, " he said.

My highest priority as Treasury secretary is the long-term strength and competitiveness of the U. S. economy.

A senior Treasury Department official said no decision on the matter has been made.

Stock investors are more easily rattled than Treasury holders, so the downgrade might be a bigger deal for the Dow.

Liberal Democrat Treasury affairs spokesman Vince Cable will spell out his party's proposals at a separate event.

The Chinese Treasury Secretary doesn't have to ask for legislative approval to help the banks with these loans, as is the case in the USA!

Ways by issuing treasury bonds to maintain or increase benefits can generally be maintained for a while, until the bond market says " no" .

Treasury officials cite the need for secrecy given the market-sensitive nature of the information the committee handles.

'The company is in a much stronger position today to repay the government, and that's in all of our interests, ' a Treasury spokesman said.

Liberal Democrat Treasury spokesman Vince Cable also said the measure will raise "negligible" amounts of revenue.

But in a world where the US Treasury secretary also used to run Goldman Sachs, such links seem a tad embarrassing at best.

The U. S. Treasury chose World Bank economist David Dollar as economic emissary to China despite sharp criticism of his economic research.

Treasury has yet to face a situation in which it was unable to pay its obligations as a result of reaching the debt limit.

The plan calls for the Treasury Department to pay for mortgages that American-owned financial institutions have been unable to sell.

"The Treasury's borrowing requirements remain daunting over the next couple of years, " said Lou Crandall, economist at Wrightson Icap.

The heart of the Treasury plan is to create a public - private partnership to deal with the bad debts .

The Treasury need not be used to tax citizens on an everyday basis but it needs to be available in times of crisis.

Tim Geithner, US Treasury secretary, said: "A day-by-day financial transactions tax is not something we are prepared to support. "

A senior Treasury official said the move could cost taxpayers' money, although it could also make a profit.

It was no problem to put an end to the independent treasury.

Treasury Secretary Paulson told skeptical lawmakers that the two-year long slump in the U. S. housing market is the cause of the crisis.

Hank Paulson, the US Treasury secretary, said the programme would initially cost "hundreds of billions of dollars. "

In short, Beijing buys Treasury bills not out of any love for America but for good, practical reasons.

More than any other HUD secretary, Mr Donovan is sitting "at the table" with the president and Tim Geithner, the treasury secretary.

Hank Paulson, the Treasury secretary, continued to hold talks with banks yesterday.

Someone came out to the stage and told Buffett he had a phone call from the Treasury.

The Treasury estimated in December that fiscal retrenchment building up to more than 5% of GDP would be needed to fill the hole.

By 1992 he was back in favour at the Treasury, joining the panel of independent forecasters known as the "six wise men" .

This thing in Washington is really Congress, not the White House and Treasury, luckily, playing silly little games that are really tiring.

This won't be easy, but I think President Obama and his Treasury-led auto task force may be tough enough to pull it off.

US Treasury Secretary Henry Paulson said the stimulus package aimed to make more lending available to consumers.

The central bank, he said, could also buy more state bonds issued by other major economies and decrease holdings of US Treasury bills.

"The main responsibility for this imbalance lies with the US Treasury, which is printing too much money, " he said.

It's still confounding to me why the Secretury of the Treasury and others refuse to understand this is the heart of the problem.

The Fed mightn't be ready to set a particular yield level for particular Treasury notes.

But Barney Frank, the leading Congressional Democrat, has said he hopes to apply the Treasury limits "more broadly" from next year.

The Federal Reserve seems to be sequestering all of this cash to buy time for the Treasury to finish its funding activities.

Without an increase, the Treasury would be unable to pay some of its bills come August 2nd.

The falls in the dollar and Treasury yields have contrasted with a strong rally in share prices, powered by robust corporate earnings.

Markets do not think even US politicians could be so stupid as ultra-low Treasury bill yields prove.

Some analysts said the performance of the stock market would influence demand at this week's Treasury auctions.

The Treasury says that tax revenues over the next four years will now be A$210 billion less than expected.

The Treasury left no doubt that the resolution of the debt issue was squarely in the hands of Congress.

But in the United States alone, offshore tax havens are estimated to deprive the Treasury of $100 billion a year.

His words are directed as much to the Treasury bond markets, of which China owns such a large share, as to American voters.

The Treasury building is connected to the White House by an underground tunnel.

INDIA'S place in the world will also be under discussion when Tim Geitner, America's Treasury secretary, visits Delhi on Tuesday 6th April.

Now we see Hank Paulson, US Treasury secretary, trying to organise a cartel of holders of toxic securitised assets in the "superSIV" .

For the U. S. Treasury market, that may not be such a good thing.

The Fed stepped into a rescue role that was the original purpose of the Treasury's $700 billion Troubled Asset Relief Program.

And yet despite the massive outgoings in foreign aid, the receiving countries hold trillions of dollars in US Treasury bonds.

The legal order is expected to be completed by the U. S. Treasury Department in the coming weeks, these officials said.

Treasury securities, including bonds, have become incredibly easy to buy online. The U. S.

Still armed with a "mission" to spread affordable mortgage finance, however, the two GSEs were assumed to have implicit Treasury guarantees.

Our number one concern in this country should be 'who's looting the treasury and Libya is just a distraction.

The Fed's probably assumed lower long-term rates would raise asset value, which clearly did not happen except for Treasury bonds.

But because revenues have been picking up the Treasury does not expect it would need to increase debt sales much beyond its current plan.

With Treasury debt yields at comparatively low levels, some analysts said the risk overall is for lower bond prices.

In the short term, rebuilding might actually benefit Japan's economy, as former Treasury Secretary Larry Summers pointed out on Friday.

The money has come out of the Treasury's contingency reserve and not the defence budget.

And yet, even after becoming Treasury secretary, Rubin never really felt at home in Washington.

The treasury subsidises the difference which, on $100 billion of outstanding loans, would be some $6 billion a year.

Treasury Secretary Henry Paulson said the moves will increase the availability of credit for home buyers.

In July, the U. S. Treasury declined to cite China for currency manipulation in a report to Congress, angering some Democratic leaders.

The Treasury Department said he was tasked with organizing suicide bombings in India along with training camps in Pakistan.