The Latest Breaking News from the Treasury Department

Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?

The banking crisis is not over and additional bank consolidations may be needed.

Just how does this debt limit standoff end

Negotiations continue over plan to increase debt limit before 1 June deadline

The dollar index (DXY00 ) on Wednesday fell by -0.59%. The dollar on Wednesday posted moderate losses. Lower T-note yields Wednesday undercut the dollar. Also, the lack of clarity regarding the U.S. debt ceiling weighs on the dollar after Treasury Secretary Yellen said the Treasury Department might run out of...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.24%. U.S. stocks this morning are mixed. The markets are...

U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group of Seven (G7) finance ministers and central bank governors meeting, the Treasury Department said on Wednesday.

Family members of former Bosnian Serb political leader Radovan Karadzic, who was convicted of war crimes for his role in the 1990s Balkan conflict, sued the U.S. Treasury Department on Tuesday over their continued inclusion on a U.S. sanctions list.

The United States worked together to impose terrorism-related sanctions on two individuals linked to funding two Syria-based groups already sanctioned by the United States and United Nations, the Treasury Department said on Tuesday.