Everyone is required to abide by the 35 percent rule -- we only accept up to 35 percent of the auction size in bids from any one entity. |
I don't know if there's anything we've been more responsive on at all levels of the department and across all agencies that are members of the committee. |
It will help investors seeking to better match assets and liabilities and will benefit the Treasury by modestly reducing our short-term funding volatility, broadening our customer base, lowering operational risk and reducing supply uncertainty. |
It's a temporary tool and as soon as Congress raises the limit, all interest will be restored and there will be no adverse consequences for G-fund investors. |
It's part of an ongoing look at where our resources are going and how they can best be used. |
Our concern is with the functioning of the bank. We think the administrative costs are pretty high. |
The hotel acted in accordance with U.S. sanctions. |
The hotel in Mexico City is a U.S. subsidiary, and therefore prohibited from providing a service to Cuba or Cuban nationals. |
The hotel in Mexico City is a U.S. subsidiary, and therefore prohibited from providing a service to Cuba or Cuban nationals. In this instance, we are simply following our usual procedures, applying the law. |
Those are concerns we continue to review as we consider the bank's appropriate future. |
We are at a point where a lot of tax refunds are going out and we generally don't see a great number of tax payments coming in until later in the filing season. |
We do have ongoing concerns with the Bank's lending function. |
We're pleased with the auction. |
While we fully support the important grant and technical assistance work the bank does we have serious concerns with the fact that the bank in 12 years has lent $24 million in the U.S. at an administrative cost of $60 million. |
Without this action we would reach the debt limit today. |