Matthew Rutherford played a key role as the Treasury navigated the global financial crisis, the first downgrade of U.S. government securities and a record budget deficit. What lies ahead for him will be much subtler.
Matthew Rutherford, who oversees the U.S. Treasury’s debt-management office, was nominated by President Barack Obama to be the department’s assistant secretary for financial markets.
The U.S. Treasury Department said it will trim the size of two- and three-year note auctions starting this quarter as a shrinking budget deficit gives the government scope to reduce borrowing.
Superstorm Sandy taught U.S. Treasury officials they need to keep more cash on hand for a rainy day. The solution may be a rising tide of bill sales in the years ahead.
The Masters of the Universe immortalized by Tom Wolfe in his 1987 novel “The Bonfire of the Vanities” are feeling like mere mortals.
Investors in Asia overseeing more than $650 billion said they planned to show little interest in the U.S. Treasury Department’s inaugural sale of floating-rate notes today.
"We're trying to separate out the debt-ceiling debate from this."
- Matthew Rutherford on May 08, 2014