The U.S. and China still seem a long way off from any potential agreement on tariffs and trade.
The move by the Trump administration would mark a historic revamp of the $16 trillion Treasurys market.
The ambivalence suggests a divide between Treasury and the White House, which hopes to deliver a tax cut.
Treasury Secretary Steven Mnuchin warns the U.S. is at risk of defaulting on payment obligations in early September.
Trump’s focus on the dollar surfaced last week after the European Central Bank said it might ease policy.
The White House is developing a plan to cut taxes by indexing capital gains to inflation.
Donald Trump told confidants he believes he has the authority to replace Jerome Powell as chairman of the Fed.
The White House counsel’s office weighed the legal implications of stripping Powell of his chairmanship.
Elizabeth Warren said managing the U.S. currency would promote exports and domestic manufacturing.
Democrats and Trump have floated the idea of raising the 18.4-cents-a-gallon tax for the first time since 1993.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
