The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
Category: Treasury Department
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Yellen Urges Congress to Raise Debt Limit Beyond 2024 Election
Republicans might try to use the borrowing cap as leverage if they achieve a majority in the House or Senate, but the Treasury secretary cautioned against a “devastating economic self-inflicted blow.”
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Yellen Calls for ‘Stabilizing’ U.S. Relations With China Ahead of G20
The Treasury secretary said in an interview that the United States was not trying to “paralyze China’s economy and stop its development.”
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Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)
Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent.
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How the Treasury Market Predicts and Influence Interest Rates
The market for U.S. government bonds, called the Treasury market, offers predictions on the path for interest rates and the economy.
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S&P 500 Rebounds After a Week of Mixed Messages From Big Tech
Investors, who have been closely watching company earnings reports for signs of economic headwinds, appeared to zero in on better-than-expected results from Apple.
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Could a Market Blowout Like the UK’s Happen in the US?
Federal Reserve and White House officials spent last week quizzing investors and economists about the risks of a British-style meltdown at home.
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After UK Market Blowout, American Officials Ask: Could It Happen Here?
Federal Reserve and White House officials spent last week quizzing investors and economists about the risks of a British-style meltdown at home.
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Treasury Dept. to Ask Insurers for Data on Climate Risks to Measure Coverage Affordability
The department is proposing to gather information from across the country to establish where climate change is making property insurance unaffordable or inaccessible.
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Treasury Scrutinizes Florida’s Use of Relief Funds in Sending Away Migrants
Gov. Ron DeSantis of Florida used interest that the state had accrued from stimulus money to send Venezuelan migrants by plane to Martha’s Vineyard.