US Department of the Treasury
Senate Banking Committee produces rival US regulatory reform bid
Senator Dodd is preparing legislation that could scupper US Treasury plans
Basel group agrees on banking crisis response
The Basel Committee’s oversight body has met to discuss key measures to strengthen banking regulation
ECB defends Basel II against US Treasury plans
Nout Wellink and Christian Noyer have rallied to Basel II’s defence against plans for a US-led replacement
Warranting approval?
The US Treasury has come under fire for allowing banks to repurchase warrants held under its Troubled Asset Relief Program at a discount. Is the criticism justified? And what effect is an auction of JP Morgan's warrants likely to have? Mark Pengelly…
Federal Reserve announces extension of Talf
The US Treasury and Federal Reserve confirmed on August 17 that the Term Asset-Backed Securities Loan Facility (Talf) will be extended from its scheduled finish at the end of this year to June 2010. Some market participants have taken the news as a sign…
US legislation for OTC derivatives market published
Daily news headlines
US regulators told to expand stress-test programme
Daily news headlines
Geithner calls time but regulatory wrangling continues
Treasury Secretary loses patience as US regulators continue to bicker over supervisory reform
Geithner accuses regulators of holding up reform
Daily news headlines
PPIP blip
Mortgage-backed securities purchases will begin in August under the US Treasury's Public-Private Investment Program. But analysts say holders of the paper may be unwilling to part with their toxic assets at any price. Peter Madigan reports
Flying blind
Despite some useful proposals, the Obama administration's regulatory reform initiative published in June ignores a crucial issue, argues David Rowe
Citi adds three directors to board in response to regulatory probe
Daily news headlines
The future of systemic risk supervision
Editor's blog
Tarp inspector general calls for more clarity on banks' use of funds
The US Treasury's special inspector general for the Troubled Assets Relief Program (Tarp), Neil Barofsky, has called on the Treasury to force banks to report their use of the Tarp's bailout funds. But the Treasury is reluctant to do so.
Trading and one-off gains lift bank profits
Trading activities and one-off gains helped US banks record positive results during the week ending July 17, despite a continuing deterioration in traditional lending businesses, analysts said.
US Treasury issues fact sheet on hedge fund regulatory reform
Daily news headlines
US PPIP toxic securities scheme launches, fund managers named
The US Treasury's scheme to purchase toxic mortgage-backed securities was officially launched yesterday with the unveiling of the asset managers charged with investing public funds, while officials sought to quell claims the scheme has been dramatically…
Finra scrutinises muni-bond market; US Treasury creates Consumer Financial Protection Agency
The US Financial Industry Regulatory Authority (Finra) has launched an investigation into financial institutions' underwriting derivatives contracts used by US municipals to finance debt at lower costs.