David Lawder

A contingent of six U.S. senators led by Democrats on Tuesday chastised U.S.

U.S. Treasury Secretary Janet Yellen on Tuesday said eliminating women's access to abortions would have "very damaging effects" on the U.S.

U.S. Treasury Secretary Janet Yellen on Tuesday said eliminating women's access to abortion would have "very damaging effects" on the U.S.

Deputy U.S. Treasury Secretary Wally Adeyemo on Monday called on state, local and tribal governments to use more of their shares of a $350 billion COVID-19 relief fund to address a severe shortage of affordable housing.

International Monetary Fund Managing Director Kristalina Georgieva has tested positive for COVID-19, the IMF said on Thursday, following marathon meetings last week with global finance leaders in Washington.

The United States has suspended a trade review of Ukraine's intellectual property practices due to Russia's invasion and removed oil exporters Saudi Arabia and Kuwait from watch lists due to improvements in their protections of IP rights.

The United States has suspended a trade review of Ukraine's intellectual property practices due to Russia's invasion and removed oil exporters Saudi Arabia and Kuwait from watch lists due to improvements in their protections of IP rights.

If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International Monetary Fund's No.

The International Monetary Fund said on Saturday that its staff held "fruitful technical discussions" with Sri Lankan authorities on the crisis-wracked country's request for an IMF-supported loan program this week.

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.

U.S. Treasury Secretary Janet Yellen said on Thursday that she was committed to working through the Group of 20 major economies to address difficulties brought on by Russia's invasion of Ukraine, despite a walkout by her and several other Western officials from a G20 finance meeting as Russian officials spoke.

The war in Ukraine is prompting the International Monetary Fund to cut global growth estimates for both 2022 and 2023 as higher food and energy prices pressure fragile economies, the IMF's managing director, Kristalina Georgieva, said on Thursday.

The COVID-19 pandemic wreaked havoc on global supply chains but new International Monetary Fund research shows that more diversification of source countries and inputs can significantly reduce the economic drag from supply disruptions.

The United States is ramping up sanctions against Russia to deprive Moscow's "war machine" of money and components needed to sustain its invasion of Ukraine, but curbing Russian energy exports will take time, U.S.

The United States is ramping up sanctions against Russia to deprive Moscow's "war machine" of money and components needed to sustain its invasion of Ukraine, but curbing a main source of funding, Russian energy exports, will take time, U.S.

U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent White House executive order that was well-received by the crypto market.

As the world's wealthy democratic powers roll out new sanctions against Russia in response to horrifying images of executed Ukrainians in the city of Bucha, it has become clear that the easiest options are now exhausted and stark differences have emerged among allies over next steps.

The U.S. Internal Revenue Service has suspended information exchanges with Russia's tax authorities in a bid to hamper Moscow's ability to collect taxes and fund its war against Ukraine, the Treasury Department told Reuters on Tuesday.

The U.S. Internal Revenue Service has suspended information exchanges with Russia's tax authorities in a bid to hamper Moscow's tax collections and reduce funds available for its invasion of Ukraine, the Treasury Department told Reuters on Tuesday.

The U.S. Export-Import Bank's board of directors on Thursday voted to formalize the bank's withdrawal from any further business in Russia and approved financing and guarantee deals worth up to $381 million for Iraq, Sri Lanka and Albania.

The U.S. Treasury on Monday proposed a new mechanism to comply with and enforce a 15% global corporate minimum tax agreed to last year by 136 countries, partly by denying deductions for taxes paid in jurisdictions with lower rates.

Global economic growth this year will manage to stay in positive territory despite the war in Ukraine, but a number of countries with already weak economies may be tipped into recession, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday.

U.S. President Joe Biden's warning of "consequences" for any aid China may give to Russia's Ukraine war effort aims to force Chinese President Xi Jinping to choose a longstanding lucrative trade relationship with the West over a growing strategic partnership with Moscow.

A default on Russia's sovereign debt would add further pain to Russia's economy and financial system, making it harder for Moscow to find new lending sources and raising future borrowing costs, a U.S.

A U.S. gasoline tax cut is among the options being considered to provide relief to consumers, U.S.

U.S. Treasury Secretary Janet Yellen said on Friday the U.S.

Philadelphia is plugging a massive budget hole opened by COVID-19, avoiding layoffs and the closing of swimming pools.

U.S. Treasury Secretary Janet Yellen said on Thursday that financial sanctions against Russia over its invasion of Ukraine were limiting China's ability to buy Russian oil, and Beijing was not "meaningfully offsetting or lessening" sanctions pressure on Moscow.

Ukraine's top government economic adviser Oleg Ustenko said on Thursday that invading Russian forces have so far destroyed at least $100 billion worth of infrastructure, buildings and other physical assets.