The Treasury Department unveiled rules to curb financing of Chinese semiconductors, quantum computers and artificial intelligence systems.
Category: Treasury Department
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Interest on Federal Student Loans Is Rising to 6.53%
The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade.
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U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat the requires a united response.
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U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.
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Supreme Court Rejects Challenge to Consumer Watchdog’s Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.
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Chinese Exports Are Threatening Biden’s Industrial Agenda
The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.
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Biden to Call for Tripling Tariffs on Chinese Steel Products
In a speech to union steelworkers in Pittsburgh, the president will announce several new measures meant to raise new barriers against floods of Chinese imports.
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Yellen to Visit China for Top-Level Economic Talks
The Treasury secretary plans to address a surge of Chinese green technology exports during meetings in Beijing and Guangzhou.