The U.S. Senate confirmed Mark Mazur as the top tax policy official in the Treasury Department, marking the first time the post will be filled by a permanent appointee since President Barack Obama took office in 2009.
Senator Charles Grassley said he’ll block the confirmation of two assistant secretaries of the Treasury until the Internal Revenue Service improves its program to reward whistleblowers who inform on tax cheats and scofflaws.
The U.S. Treasury Department plans to sell $74 billion in its quarterly sales of long-term debt next week, as lower projected budget deficits allow the government to reduce borrowing at a “gradual pace.”
The U.S. Treasury Department plans to sell $78 billion in its quarterly sales of notes and bonds next week, as a growing economy allowed the government to cut long- term borrowing for the first time since 2007.
The U.S. Treasury may sell an unprecedented $128 billion in notes next week as expectations increase that the amount of securities auctioned by the government is peaking with the economy strengthening.