US official warns of failure to ratify IMF reforms

As Congress continues its investigation into , a number of IRS and Treasury officials made their way to the Hill today to testify in front of the House Committee on Oversight and Government Reform. The Committee, chaired by Rep. Darrell Issa (R-CA), ...

U.S. Treasury Secretary Jacob J. Lew said today hell wait for more information to decide whether IRS official Lois Lerner acted improperly in the tax agency's treatment of Tea Party groups. At a House Financial Services Committee hearing, Lew ...

Deputy Secretary of the Treasury Neal S. Wolin said Wednesday his department had no hand in the IRS? targeting of conservative groups from 2010 to 2012. Mr. Wolin told the House Committee on Oversight and Government Reform that specialists in ...

Jay Carney reveals that officials had consulted with the Treasury on how to make

White House officials were notified of a Treasury Department inspector general report on the IRS but elected not to tell President Obama about it. White House press secretary Jay Carney said Monday that Chief of Staff Dennis McDonough and other ...

WASHINGTON -- The Internal Revenue Service official at the center of the storm over the agency's targeting of conservative groups has told Congress she did nothing wrong and has invoked her constitutional right to not answer lawmakers' questions.

Treasuries turned higher over the course of the trading day on Tuesday, recovering from a notable move to the downside in early trading.After coming under pressure in early trading, bond prices showed a significant turnaround as the day progressed.

Posted 05:49 PM ET Treasuries rose for the first time in three days as comments from Federal Reserve officials added to speculation Chairman Ben Bernanke will emphasize the need to sustain stimulus when he speaks before Congress tomorrow. Ten-year ...

Treasury pragmatism has appeared to trump attempts by senior officials, including outgoing Bank of England Governor Sir Mervyn King, to force Britain's largest banks to raise more capital. For the last seven months, a battle has raged over how much ...