Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday. Mnuchin said US regulators have already expressed concerns to Facebook about the plan for a global cryptocurrency, noting that these kinds of virtual coins have in the past been associated with money laundering and illicit activities.

Facebook needs 'very high standard' for Libra coin: US Treasury Steven Mnuchin

United States's Treasury Secretary Steven Mnuchin on Friday issued a warning to US government about risk of running out cash as early as September, reports said.

US government to soon run out cash: Treasury Secretary Steven Mnuchin

Top US and Chinese negotiators held phone talks on Tuesday as the world's top two economies seek to resolve their trade war, more than a week after they declared a truce.

After Trump, Xi G20 meeting, US, China resume talks to resolve trade war

The US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer spoke with the Chinese Vice Premier Liu He and commerce Minister Zhong Shan over phone. Watch this video to know more.

US & China hold trade talks over phone

New York state on Monday cleared the way for Democrats in the US Congress to obtain President Donald Trump's state tax returns, raising the possibility of fresh avenues of inquiry for lawmakers investigating his finances.

New York clears way for release of Donald Trump's state tax returns

The Trump administration turned up the pressure on Venezuelan President Nicolas Maduro on Friday by targeting his son Nicolas "Nicolasito" Maduro with sanctions, the US Treasury Department said.

New sanctions on Nicolas Maduro's son 'illegal', have dark aim: Venezuelan government

The United States on Friday imposed sanctions on the son of Venezuelan President Nicolas Maduro for serving in his father's "illegitimate regime." "Maduro relies on his son Nicolasito and others close to his authoritarian regime to maintain a stranglehold on the economy and suppress the people of Venezuela," US Treasury Secretary Steven Mnuchin said in announcing the action.

US imposes sanctions on Venezuelan President Maduro's son Nicolasito

Asian markets rose Thursday as investors brushed off Donald Trump's latest dig at China and threatened to impose more tariffs on the country's goods if crunch talks with Xi Jinping fail this weekend.

Asian markets rally as crucial Donald Trump-Xi Jin Ping meeting approaches

The US Treasury placed Iraq-based South Wealth Resources on its sanctions blacklist Wednesday, saying the company is an important weapons trafficking and financial front for Iran's Islamic Revolutionary Guard Corps.

US blacklists Iraq firm as Revolutionary Guard guns front

US Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease US restrictions on Huawei if there was progress in the trade row with China - but absent a deal, Washington would maintain tariffs to cut its deficit.

US Treasury Secretary Mnuchin says Trump could ease up on Huawei if trade talks advance

US Treasury Secretary Steven Mnuchin said on Saturday that the US-Mexico immigration deal met President Donald Trump's objectives of fixing immigration problems on the southern US border, but Trump will retain the authority to impose tariffs if Mexico fails to live up to it.

US Treasury's Mnuchin says Mexico immigration deal fixes problems

China's central bank chief said Friday the country has plenty of policy tools left to handle the trade war with the United States. There is "tremendous" room to counter the deepening trade war, People's Bank of China governor Yi Gang said in an interview with Bloomberg TV.

China has tools to handle trade war with US: Central bank chief Yi Gang

The US Treasury Secretary Steven Mnuchin defied a congressional subpoena seeking six years of President Donald Trump's tax returns on Friday, all but guaranteeing a federal court battle with Congress over the records.

US Treasury Secretary Mnuchin rejects subpoena for Trump tax returns

Talks to end a worrisome US-China trade battle were "constructive," US Treasury Secretary Steven Mnuchin said Friday, a sign of hope that Washington and Beijing could seal a deal to avert damage to the global economy.

US officials say trade talks with China were 'constructive'

Top US and Chinese trade negotiators resumed talks on Wednesday as they an eye an endgame to a months-long dispute that has hit businesses with bruising tariffs.

Good to see you, says Chinese negotiator to Mnuchin as US-China trade talks enter final lap

US Secretary of State Mike Pompeo on Monday expressed confidence that trade talks between the United States and China will not be affected by the end of Iran oil waivers this week.

Mike Pompeo 'confident' China trade talks will not be hurt over Iran oil sanctions

President Donald Trump on Friday said talks with Beijing were making progress toward ending the trade war between the world's two top economies, but he again stopped short of predicting success.

Trump sees progress in China talks but doesn't predict success

Trade talks between the United States and China made "good headway" last week in Beijing and the two sides aim to bridge differences during talks that could extend beyond three days this week, White House economic adviser Larry Kudlow said.

US-China talks making progress, could be extended: White House

The United States imposed sanctions on Friday on six Venezuelan security officials for obstructing aid that Washington had tried to force in as part of its effort to support the country's opposition leader against President Nicolas Maduro.

US sanctions six Venezuelan security officials for obstructing aid

Chinese President Xi Jinping said on Friday trade talks with the United States will continue in Washington next week and that he hopes the two sides will be able to reach a mutually beneficial deal in the upcoming negotiations, state media reported.

Trade talks with US to continue in Washington next week: Chinese President Xi Jinping

Top US and Chinese trade negotiators had "productive meetings", US Treasury Secretary Steven Mnuchin said in a tweet on Friday, as the world's largest economies wound down two days of high-level talks to resolve their bruising trade war.

Had 'productive' trade meetings with China: US Secretary Mnuchin 

US and Chinese negotiators kicked off two days of high-level trade talks in Beijing on Thursday hoping to resolve a festering dispute that has cast a shadow over financial markets and the global growth outlook.

US, China open trade talks in Beijing as deadline looms

US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute.

'So far, so good,' Steven Mnuchin says of trade talks in China

Democrats in Congress raised questions on Thursday about the Internal Revenue Service's ability to effectively audit President Donald Trump's tax returns, as they began hearings intended to result in obtaining the documents and making them public.

US House Democrats question IRS audits of Trump taxes

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