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U.S. Fed sends roughly 80.2 bln U.S. dollars in profits to Treasury in 2017
U.S. Federal Reserve said on Wednesday that its remittances to U.S. Treasury Department are expected to continue to decline in 2017 due to increases in interest payments to commercial banks.
January11,2018
U.S. Treasury Secretary warns of stock market decline without tax reform
U.S. Treasury Secretary Steven Mnuchin warned Congress on Wednesday that the U.S. stock market could fall significantly if Congress do not pass tax reform.
October19,2017
U.S. Treasury secretary says to cut corporate tax rate to 15 percent
U.S. Treasury Secretary Steven Mnuchin confirmed on Wednesday that the administration proposes to cut the corporate tax rate to 15 percent from 35 percent in its long-awaited tax plan.
April27,2017
U.S. Treasury urges Congress to increase debt limit
U.S. Treasury Secretary Steven Mnuchin on Thursday urged Congress to raise the debt limit as soon as possible to avoid a potential federal government default.
March17,2017
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