US Department of the Treasury
ECB: German bonds the European safe-haven
ECB paper shows investors sought refuge in German bonds as crisis struck
ADIA publishes first annual report
Abu Dhabi’s sovereign wealth fund reveals rates of return and geographical split of investments
China to keep up T-bill purchases; cautious on gold
State Administration of Foreign Exchange chief Yi Gang says the country will not rely excessively on gold, adds that political relations with US will not affect Chinese treasury holdings
We won’t ban prop trading: British Lord
British business secretary Peter Mandelson says Volcker rule is “too difficult” even as Washington works to turn it into law
Ex-NY Fed chief opposes Volcker rule
Former New York Fed head Jerry Corrigan, now at Goldman Sachs, plays down impact of banks’ activities; warns against regulatory arbitrage
Ex-IMF chief economist wants Fed’s Hoenig for Treasury
Simon Johnson says lone FOMC dissenter “entirely plausible” successor to Tim Geithner
China to keep policy “moderately loose”; hint at yuan appreciation
People’s Bank of China to maintain accommodative policy stance, suggests renminbi appreciation could be possible
Senator calls for Fed’s powers to be cut
Chris Dodd, head of the Senate Banking Committee, submits bill demanding reduction in Fed’s supervisory ambit; calls for one overall regulator
Geithner’s scorecard for the resolution plan
Timothy Geithner, US Treasury Secretary, sets out five indicators to measure the success of the resolution plan
Barofsky: US Treasury abdicated responsibility for AIG
Neil Barofsky, the special inspector general for the Troubled Assets Relief Program (Sigtarp), accuses US Treasury of "abdication of responsibility" over AIG retention bonuses
Paulson broke the law for Goldman Sachs, alleges book
Book accuses the former US Treasury Secretary of misconduct over alleged meeting with Goldman officials
Volcker: narrower role would make Fed too detached
Paul Volcker says removing supervision from Fed’s ambit would risk turning central bank into “academic seminar”
US Treasury ends money market guarantee
The program served its purposes of fomenting stability, and is being retired as the risk of a meltdown has passed, says Treasury secretary Geithner
US to end money-market guarantees this month
Treasury secretary Tim Geithner notes financial sector starting to wean itself of state support
US Treasury outlines banking reforms
Treasury wants standards to be as uniform as possible across jurisdictions
Fed rate setters impact US Treasury market
New York Federal Reserve assesses the microstructure if the US Treasury securities market
US Treasury official defends plans for consumer regulator
Neal Wolin argues new supervisor will eliminate “race to the bottom” among firms and regulators
Fed a natural for systemic-risk role: Tarullo
Federal Reserve’s Daniel Tarullo says safeguarding systemic risk is a natural expansion of the central bank’s role
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
US's Barr: hedge fund advisers must register
US Treasury's Michael Barr on the Obama administration's proposed hedge fund legislation
US racks up biggest ever June deficit
Gap for current financial year tops $1 trillion
Washington names nine to buy toxic assets
The US Treasury, Federal Reserve and Federal Deposit Insurance Corporation give nine firms the right to buy assets under the legacy securities programme
US policymakers should implement Brady Plan-like measures
Boston Federal Reserve shows that lessons from the Latin American debt crisis can be applied to the US credit securitisation markets
Fed Hoenig: new rules must be simple
Kansas City Federal Reserve’s Thomas Hoenig calls for new rules for systemically-important institutions to be comprehensible