US Treasury Shelves $455 Billion In Unspent Stimulus

By Jack Rasmus, Z Net. -

Last week the US Treasury and the US Federal Reserve Bank engaged in a rare public disagreement. US Treasury Secretary, Mnuchin, in a letter to Jerome Powell, chair of the Federal Reserve, last [...]

US And Colombia Drive Drug Trade

By Anya Parampil, The Grayzone. -

Red Lines host Anya Parampil speaks with Pino Arlacchi, the former Executive Director of the United Nations Office for Drug Control and Prevention, about the US decision to charge Venezuelan [...]

Russia And China Continue Dumping US Treasuries

By Staff, -

The latest US Treasury Department data shows that foreign investors slashed their holdings of American debt in November by $105 billion, from a year earlier, to $6.2 trillion. China, the largest [...]

Trump’s Treasury Department Hands Banks A Windfall

By David Sirota, -

Do “financial services” include banking? Not according to the Trump administration, whose new rule, issued Wednesday by the Treasury Department, argues there is a difference — and then cites the [...]

Previously Withheld UCLA Video Shows Heckling Of Mnuchin

By Amanda Lee Myers, -

A previously withheld video has been released showing the near-constant heckling of Treasury Secretary Steve Mnuchin during a moderated talk about the economy at UCLA. The university initially [...]

SF Treasurer Announces Priorities Of Public Banking Task Force

By Staff, -

Treasurer José Cisneros announced today the 16 members of the Municipal Bank Feasibility Task Force. The formation of the Task Force was recommended by the Board of Supervisors to identify and [...]

Treasury Pick’s Trail Of Suffering

By Heather McCreary, -

By Heather McCreary for - The Senate held confirmation hearings on Steven Mnuchin, Trump’s pick for Treasury Secretary, on January 19. Mr. Mnuchin has had a long career in the [...]

Treasury Nominee’s Bank Accused Of ‘Widespread Misconduct’

By David Dayen, -

By David Dayen for The Intercept - ONEWEST BANK, WHICH Donald Trump’s nominee for treasury secretary, Steven Mnuchin, ran from 2009 to 2015, repeatedly broke California’s foreclosure laws during [...]

Steve Mnuchin: Evictor, Forecloser, And Our New Treasury Secretary

By Peter Dreier, -

By Peter Dreier for The American Prospect - Throughout his presidential campaign, Donald Trump criticized Wall Street bankers for their excessive political influence and attacked hedge-fund [...]