US Department of the Treasury

US regulators stake their claim

Barack Obama’s plans give too much to the Federal Reserve say Federal Deposit Insurance Corporation (FDIC) and Securities and Exchange Commission (SEC) chiefs

FDIC recruits former Fed counsel

Michael Bradfield, a former head of the Federal Reserve's legal team, has been named general counsel of the Federal Deposit Insurance Corporation (FDIC).

China concerned over Treasury holdings

Wen Jiabao, China's prime minister, has said that the country, which has the biggest stockpile of United States government debt in the world, is "a little worried" about its US Treasury holdings.

Reactions to Tarp 2

Initial reaction on the new financial industry bailout plans announced on Tuesday, suggest that investors and observers are underwhelmed by the lack of details available at this stage and fear that the measures will continue to fall short of the…

Geithner unveils sweeping Tarp overhaul

Timothy Geithner, the secretary of the US Treasury, has announced plans to take up to $500 billion in bad assets off the books of struggling banks and expand the Federal Reserve's programme to support asset-backed securities to $1 trillion from the…

Fed still has weapons - Yellen

Janet Yellen, the president of the Federal Reserve Bank of San Francisco, says the Fed still has weapons left in its arsenal to address a "severely depressed" economy.