Edition:
United States

David Lawder

10:42am EDT

U.S. debt to reach 150 percent of GDP in 30 years: CBO

WASHINGTON U.S. debt held by the public will balloon to 150 percent of economic output by 2047 unless tax and spending laws are changed, the Congressional Budget Office said on Thursday, far exceeding the record level just after World War II.

Mar 28 2017

Senator seeks ethics probe of Mnuchin's 'Lego Batman' comment

WASHINGTON The top Democrat on the Senate Finance Committee asked the government ethics watchdog on Monday to review comments by Treasury Secretary Steven Mnuchin plugging "The Lego Batman Movie," a film one of his companies produced, for a possible ethics violation. | Video

Mar 25 2017

Trump tastes failure as U.S. House healthcare bill collapses

WASHINGTON President Donald Trump suffered a stunning political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul the U.S. healthcare system, a major 2016 election campaign promise of the president and his allies. | Video

Mar 24 2017

Mnuchin says U.S. growth prospects not fully reflected in markets

WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Friday that he believes financial markets could improve "significantly" once they fully reflect the potential for U.S. economic growth from President Donald Trump's economic policies.

Mar 24 2017

Republicans pull healthcare legislation plan in blow to Trump

WASHINGTON President Donald Trump suffered a stunning political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul the U.S. healthcare system, a major 2016 election campaign promise of the president and his allies.

Mar 24 2017

Mnuchin says U.S. growth prospects not fully reflected in markets

WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Friday that he believes financial markets could improve "significantly" once they fully reflect the potential for U.S. economic growth from President Donald Trump's economic policies.

Mar 23 2017

Trump preparing orders to review trade deals, procurement: officials

WASHINGTON The Trump administration is preparing new executive orders to re-examine all 14 U.S. free trade agreements and review government procurement policies to aid American companies, two administration officials said.

Mar 20 2017

G20 ministers give Mnuchin space to define Trump trade agenda

BADEN BADEN, Germany Wary of their first official encounter with U.S. President Donald Trump's blustery trade agenda, the world's top finance officials were relieved to find new Treasury Secretary Steven Mnuchin polite and business-like over the weekend.

Mar 18 2017

G20 finance heads to agree on forex, struggle on trade, climate change

BADEN BADEN, Germany The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility, a document showed on Friday, but are likely to struggle to find common ground on trade and financing against climate change. | Video

Mar 16 2017

Treasury's Mnuchin says Trump does not want trade wars

BERLIN U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration has no desire to get into trade wars, but certain trade relationships need to be re-examined to make them fairer for U.S. workers.

More From Around the Web

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary