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.
Senate Finance Sets Feb. 13 Hearing on Lew Nomination for Treasury
Jacob "Jack" Lew is sure to face a tough grilling from lawmakers, as President Barack Obama’s recent swath of nominations have been challenged by the courts.
As Geithner Departs Treasury, He Sees Economy Strengthening Gradually
Says he won't seek to be head of Fed, but will definitely be ‘learning how to fly-fish.’
Obama’s Treasury Secretary Pick Is Said to Be Jack Lew
Nomination would signal White House intent to “keep Treasury close” to its sphere of influence.
Obama Deficit Plan Includes $1.5 Trillion in Tax Hikes on Wealthy
President Barack Obama announced Monday his plan to reduce the deficit by more than $3 trillion over the next decade, including $1.5 trillion in tax increases for the wealthy.