In a surprise move, the U.S. Treasury announced on Tuesday that it has hired investment bank Morgan Stanley to conduct a review of Fannie Mae and Freddie Mac.
Morgan Stanley's duties will involve analyzing the GSEs' authority...
The U.S. government plans to issue more debt in the current quarter than any time in history, the Department of Treasury said on Monday.
Speaking in Boston at the Managed Funds Association Seminar on Sound Practices for Hedge Fund Managers, Acting Undersecretary for Domestic Finance Anthony Ryan said on Monday he expects GSE legislation to be passed soon by Congress.
Increased financial literacy from consumers would have helped dampen some of the effects of the subprime housing crisis, according to Robert K. Steel, U.S. undersecretary for domestic finance, on Wednesday.
Speaking in an interview with Diane Rehm on WAMU radio, Assistant Secretary for Economic Policy at the U.S. Department of Treasury Philip Swagel said that recent data suggested the economy was merely experiencing a slowdown rather than an outright recession.
Speaking to the Securities Industry and Financial Markets Association in Chicago on Thursday, U.S. Assistant Secretary for Financial Markets Anthony W. Ryan said failures in transactions of treasuries had increased over the last twelve months and called on investors to help prevent such events from occurring.