Latest Council on Foreign Relations Stories
The U.S. Treasury has appointed Washington lawyer Kenneth Feinberg to the task of assigning executive pay levels at seven bailed out corporations. In a move meant to answer public anger over huge salaries and bonuses at U.S.
US Treasury Secretary Timothy Geithner is likely to lose money when he sells his Larchmont, NY home, a real estate agent said.
European and Asian markets turned higher Friday, in spite of market-rattling news in the United States and a massive bankruptcy filing likely this weekend. The Mortgage Bankers Association said Thursday U.S.
The US Treasury Department confirmed Wednesday that Secretary Timothy Geithner would travel to China next week to promote US business interests.
US government interventions, while sometimes slow, are pushing improvements in the economy, which appears ready to turn a corner, analysts said.
The U.S. Senate confirmed the appointment of Neal Wolin to serve as deputy secretary of the Treasury, the department said in a release Tuesday. Wolin served previously as the deputy assistant to the president and deputy counsel for economic policy.
Critical decisions are piling up at the U.S.
The New York Federal Reserve was aware of American International Group Inc.'s bonus pay plans months before the public controversy, government records show. The New York Fed had five months head start on the controversy and was working with AIG -- along with legal and public relations experts -- to manage the public reaction they anticipated, The Washington Post reported Wednesday. It was not until the end of February, however, that the New York Fed alerted the new Obama administration that...
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