Pension De-Risking Now Has IMF’s Attention
The trend of de-risking corporate pension plans calls into question the viability of the insurance companies that assume the obligations, an IMF report says.
IRS, Treasury Close Alt Investment Tax Loophole
Sen. Ron Wyden applauds the move to "bring the hammer down on these basket options once and for all."
Ben Bernanke: Hands Off Hamilton’s $10 Bill!
The former Fed chairman talks baseball and says Treasury should replace Andrew Jackson on the $20 bill instead.
Currency Wars Have a Nuclear Option
There is a big difference between countries that use domestic tools for domestic purposes and those that target currencies to gain an unfair trade advantage.
Will U.S. Win or Lose From the Oil Price Plunge?
If Christmas seems merrier, and Hanukah happier, the gift from Saudi Arabia in not cutting production amid an oil glut may have had something to do with it.
Funds as SIFIs Would Be ‘Too Burdened to Succeed’: ICI Chief
“It would not take much of a "SIFI premium" to increase the fees of these funds significantly,” says ICI's Paul Schott Stevens.
What Happens to Fixed-Income ETFs With Debt at $18 Trillion?
Some holdings could be vulnerable to the shenanigans of politicians.
GOP to Offer Temporary Debt Ceiling Plan
The plan would also permanently bar Treasury from using extraordinary measures to avoid default.
Social Security Payouts Will Dry Up in 2033: Trustees Report
While Social Security and Medicare are meeting their commitments today, and will continue to do so in the years ahead, “these programs face long-term challenges,” Treasury Secretary Jack Lew said.
Morgan Stanley CFO Passes on Treasury Post: Reports
Ruth Porat did not want to go through what Jack Lew did in the confirmation process, sources say.