No shortage of culprits in panic over long US Treasury yields
Higher long-end Treasury yields are unlikely to retreat anytime soon, and a host of intertwined supply and demand factors will…
U.S. debt crosses $40 trillion threshold after doubling under Trump and Biden
Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings…
Trump administration puts plan for Harriet Tubman $20 bill on ice
The U.S. Treasury Department is no longer planning to put anti-slavery crusader Harriet Tubman on a $20 bill, Treasury Secretary…
Treasury to hold summit on Trump accounts
The Treasury Department is set to host a Wednesday summit ahead of the launch of “Trump accounts” for newborn babies. …
US Treasury chief says government shutdown is hitting economy
The U.S. federal government shutdown is starting to impact the nation’s economy, U.S. Treasury Secretary Scott Bessent said on Monday…
US buys Argentine pesos, finalizes $20 billion currency swap
WASHINGTON (AP) — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line…
Will Bessent serve as Fed chair, Treasury secretary at the same time?
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads…
Trump treasury secretary says ‘there are no guarantees’ about recession hitting the US
Treasury Secretary Scott Bessent said Sunday that “there are no guarantees” when it comes to a potential recession hitting the…
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin…
