US Treasury
US Treasury To Release $2.9 Billion To Rescue Pandemic Damaged Airline Industry
| Staff Reporter | | Apr 21, 2020 06:48 PM EDT |
On Monday, the U.S. Treasury Department said it had allocated $2.9 billion in preliminary compensation aid to 54 minor passenger carriers and two large commercial airlines, while finalizing grant deals with six other major carriers.
China’s US Treasury Holding Declines for Sixth Month; Hits Lowest Level Since 2010
| S. Rina | | Jan 20, 2017 09:53 AM EST |
China continues to cut its US treasury holdings for the straight sixth month. It sold $66 billion worth of US debt in November, taking its holdings to the lowest level since 2010. China is currently taking steps to boost up its local currency.
US Clears China of Currency Manipulation Anew
| S. Rina | | Oct 15, 2016 10:09 PM EDT |
China has been given a clean chit by the US Treasury with regard to currency manipulation concerns.
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