US Department of the Treasury
Fannie and Freddie equity plunge continues as bailout looms
Speculation is mounting in the US that the Treasury will shortly have to give direct support to Fannie Mae and Freddie Mac, as the government-sponsored enterprises’ (GSEs) equity prices plunged to 17-year lows today.
US financial regulatory structure poised for change
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US regulators tighten grip on mortgage lenders
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US better prepared for flu outbreak than feared
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Market reacts to US Treasury subprime plan
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Master conduit trio joined by Wachovia
Wachovia has joined Bank of America, Citi and JP Morgan in a plan aimed at restoring calm to the troubled structured investment vehicle (SIV) sector.
US Treasury tells derivatives managers to improve Risk practices
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US Treasury backs timely implementation of Basel II
Speaking to the Institute of International Bankers (IIB), the under secretary of the US treasury for domestic finance Randal Quarles addressed some of the issues impeding the implementation of Basel II in US financial institutions.
US Treasury and IRS ponder CDSs
The US Treasury and Internal Revenue Service (IRS) have responded to calls from taxpayers and industry groups concerned about the tax treatment of credit default swaps (CDSs) by issuing a notice requesting information from interested parties.
US Treasury department creates new financial institutions policy office
A new office that will focus on legislative and policy matters related to the financial services sector — including commercial banks, investment banks, insurance companies, credit unions and savings and loans — was announced yesterday by the US Treasury.
Top regulators denounce attempt to resurrect OTC energy bill
The four most senior financial regulators in the United States have joined forces to express concern at legislative proposals to expand regulation of over-the-counter energy derivatives.