IMF says Gita Gopinath leaving at end of August to return to Harvard
Gita Gopinath, the first woman to serve as chief economist at the IMF, is leaving her position to return to Harvard University, marking a significant transition.
The Treasury Department has appointed several key individuals to enhance its legislative and public affairs efforts, particularly in banking and financial sectors.
The U.S. Treasury has placed its last order for penny blanks, signaling the gradual phasing out of the penny and anticipated annual savings of $56 million.
"If we stay at these levels this would be a higher yield than that seen at the worst close after Liberation Day," Jim Reid, managing director and head of global macro and thematic research at Deutsche Bank, said in a note on Monday.
Washington asks Spain to increase defense spending and axe Google tax' after meeting with economy minister
The meeting between U.S. Treasury Secretary Bessent and Spain's Economy Minister Cuerpo focused on serious issues, including defense spending and the digital services tax.