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 [...]
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 [...]
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 [...]
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 [...]
By Heather McCreary for Inequality.org - 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 [...]
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 [...]
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 [...]
