Senate panel sets confirmation hearing for U.S. Treasury nominee Adeyemo

© Reuters. U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden’s nominee for the No. 2 job at the U.S. Treasury, Wally Adeyemo, will appear before the Senate Finance Committee for a confirmation hearing on Feb. 23, the committee announced on […]

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Yellen wins unanimous Senate panel vote for Treasury despite Republican tax, debt concerns

2/2 © Reuters. U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware 2/2 By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The Senate Finance Committee unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for […]

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Trump backs revoking tariff exemption for some solar panel imports

© Reuters. t U.S. President Donald Trump returns to the White House after treatment for the coronavirus at the White House in Washington WASHINGTON (Reuters) – U.S. President Donald Trump on Saturday signed a proclamation underscoring his support for revoking an exclusion from tariffs on some imported double-sided solar panels, and for raising the planned […]

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Aviation contractors axed jobs as U.S. delayed aid, House panel finds

2/2 © Reuters. FILE PHOTO: An empty International Terminal of San Francisco International Airport is pictured after the U.S. air travel ban, in San Francisco 2/2 By Tracy Rucinski CHICAGO (Reuters) – U.S. aviation contractors laid off thousands of workers due to delays in payroll aid from the U.S. Treasury that was meant to protect […]

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Tech, central bank support boost FX volumes, panel says

© Reuters. SINGAPORE/LONDON (Reuters) – Foreign exchange volumes have surged during the coronavirus pandemic instead of stalling as they usually do during a crisis, thanks to technological improvements and central bank and government intervention, a central bank panel said on Tuesday. Turnover for the $ 6.6 trillion a day FX markets is difficult to quantify, […]

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