Washington Financial News
15.11 / 17:35
COST
reports
Agency
Financial
Housing Agency Reports Record Financial Cushion as It Braces for Market Downturn
WASHINGTON—A federal housing agency on Tuesday said its financial reserves have reached record levels and that it was well positioned to weather a mortgage-market downturn.
15.11 / 12:09
Progressive
White House to Nominate Martin Gruenberg for New Term as FDIC Chairman
WASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.
15.11 / 10:13
Tax Court Strikes Down IRS Rules on Land-Conservation Deals
WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.
14.11 / 23:35
Progressive
White House to Nominate Martin Gruenberg for New Term as FDIC Chairman
WASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.
14.11 / 22:45
President Biden, Xi Jinping Move to Stabilize U.S.-China Relations
President Biden and Chinese leader Xi Jinping sought to halt a rapid downward spiral in relations between Washington and Beijing, instructing officials to resume stalled talks on major global priorities, but the two countries acknowledged areas of deep disagreement that could disrupt those efforts.
14.11 / 19:27
Target
U.S. Sanctions Target Russian Military Suppliers, Alleged Money Launderers
WASHINGTON—The Treasury Department on Monday imposed sanctions on four dozen people across six countries, and companies associated with them, an effort to tighten the U.S. campaign of economic pressure on Russia.
14.11 / 18:07
UPS
SEC
FTX Collapse Sets Back Crypto Agenda in Washington
The collapse of crypto exchange FTX has dealt a blow to the crypto industry’s hopes of pushing favorable legislation through Congress in the near term and ratcheted up pressure on the Securities and Exchange Commission and other regulators to crack down.
14.11 / 18:07
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
WASHINGTON—Elevated and persistent inflation is among the greatest near-term risks to the U.S. economy and financial system, the Federal Reserve said, while also warning about rising friction in trading of U.S. government debt.
14.11 / 18:07
Tax Court Strikes Down IRS Rules on Land-Conservation Deals
WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.
14.11 / 03:09
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
WASHINGTON—Elevated and persistent inflation is among the greatest near-term risks to the U.S. economy and financial system, the Federal Reserve said, while also warning about rising friction in trading of U.S. government debt.
14.11 / 03:09
Tax Court Strikes Down IRS Rules on Land-Conservation Deals
WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.
13.11 / 13:41
Tax Court Strikes Down IRS Rules on Land-Conservation Deals
WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.
13.11 / 13:41
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
WASHINGTON—Elevated and persistent inflation is among the greatest near-term risks to the U.S. economy and financial system, the Federal Reserve said, while also warning about rising friction in trading of U.S. government debt.
12.11 / 23:31
COST
Reserve
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
WASHINGTON—The Federal Reserve lifted interest rates by another 0.75 percentage point to combat inflation and signaled plans to keep raising them, possibly in smaller increments but to higher levels than previously anticipated.
12.11 / 23:31
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
WASHINGTON—Elevated and persistent inflation is among the greatest near-term risks to the U.S. economy and financial system, the Federal Reserve said, while also warning about rising friction in trading of U.S. government debt.
11.11 / 19:27
Tax Court Strikes Down IRS Rules on Land-Conservation Deals
WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.
11.11 / 15:57
U.S. Downgrades Russia to Nonmarket Economy
WASHINGTON—The Commerce Department said Thursday it has reclassified Russia as a nonmarket country from a market economy, a move aimed at further reducing bilateral trade and isolating Russia amid its continued war in Ukraine.
11.11 / 15:57
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
WASHINGTON—Elevated and persistent inflation is among the greatest near-term risks to the U.S. economy and financial system, the Federal Reserve said, while also warning about rising friction in trading of U.S. government debt.
11.11 / 15:57
COST
Reserve
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
WASHINGTON—The Federal Reserve lifted interest rates by another 0.75 percentage point to combat inflation and signaled plans to keep raising them, possibly in smaller increments but to higher levels than previously anticipated.
10.11 / 13:51
Tax Court Strikes Down IRS Rules on Land-Conservation Deals
WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.
10.11 / 13:51
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
WASHINGTON—Elevated and persistent inflation is among the greatest near-term risks to the U.S. economy and financial system, the Federal Reserve said, while also warning about rising friction in trading of U.S. government debt.
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