U.S. Department of the Treasury

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Hartford prices debt to repay federal bailout

AP News yesterday

Insurer The Hartford prices senior debt to help repay $3.4B federal bailout and existing debt Hartford Financial Services Group Inc. announced pricing Thursday for $1.1 billion in senior debt it will offer as part of a plan to repay $3.4 billion it ...

Hartford Financial selling $3B in securities

AP News 3 days ago

Hartford Financial selling $3.05B in securities in plan to repay $3.4B from federal bailout Hartford Financial Services Group Inc. said Tuesday it will sell $3.05 billion in securities as part of its plan to repay the $3.4 billion it received under the ...

U.S. bill would OK duties to fight China currency

Reuters US Online Report Politics News 3 days ago

WASHINGTON (Reuters) - China could face duties on some of its exports to the United States if it does not take steps to realign its currency, according to the draft text of a Senate bill to be unveiled on Tuesday. The legislation ...

9 bailed-out banks report declines in new lending

AP News 3 days ago

New lending at 9 bailed-out banks plummets in January, but overall loan balances rise modestly The Treasury Department said Monday that new lending plummeted in January at the nine largest banks that have yet to repay their taxpayer bailouts. Treasury's monthly survey ...

Social Security to start cashing Uncle Sam's IOUs

AP News 4 days ago

Short on cash, Social Security to start calling in Uncle Sam's big IOUs, adding to deficit The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal ...

China trims holdings of Treasury securities

AP News 4 days ago

China trims holdings of US Treasury securities for third month as US federal deficit soars China retained its spot as the biggest foreign holder of U.S. Treasury debt in January even as it trimmed its holdings for a third straight month. The ...

China cuts back Treasury bond holdings amid tensions

AFP Global Edition 4 days ago

China cut back its Treasury bond holdings to the lowest level in eight months, the US Treasury said Monday amid rising tensions over claims Beijing was undervaluing its currency for trade gains. China sliced its bond holdings to 889.0 billion dollars at ...

China cuts back US Treasury bond holdings: Treasury

AFP Global Edition 4 days ago

China cut back its Treasury bond holdings in January but remained the top owner of US government debt, the Treasury Department said Monday. Copyright 2010 AFP Global Edition

Fed Rebounds

AP News 9 days ago

Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington, Wednesday, March 10, 2010, before the House Financial Services subcommittee hearing on fiscal 2011 Treasury Department budget. The Federal Reserve, still dusting itself off from a fight that threatened to trim its ...

U.S. posts record $220.9 billion budget gap in Feb

Reuters US Online Report Business News 9 days ago

WASHINGTON (Reuters) - The United States posted a record $220.91 billion budget deficit in February, Treasury Department data showed on Wednesday. The February deficit was in line with analysts' consensus forecast in a Reuters poll for a $222 billion budget gap but ...

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