Topic: U.S. Department of the Treasury
Hartford Financial selling $3B in securities
AP News
Hartford Financial selling $3.05B in securities in plan to repay $3.4B from federal bailoutHartford 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 federal financial bailout. The financial ...
U.S. bill would OK duties to fight China currency
Reuters US Online Report Politics News
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 crafted by Senators Charles Schumer, a New York Democrat ...
9 bailed-out banks report declines in new lending
AP News
New lending at 9 bailed-out banks plummets in January, but overall loan balances rise modestlyThe 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 of bank lending shows overall new loan origination ...
Social Security to start cashing Uncle Sam's IOUs
AP News
Short on cash, Social Security to start calling in Uncle Sam's big IOUs, adding to deficitThe 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 government, payable to the Social Security Administration ...
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