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…
U.S. warned Raiffeisen access to dollar system could be curbed over Russia, source says
FRANKFURT/VIENNA, May 15 (Reuters) -Raiffeisen Bank International (RBIV.VI), opens new tab was warned by the U.S. Treasury in writing that…
GT Voice: US Treasury yield signals economy in ‘vicious cycle’
For decades, the 10-year US Treasury bond has been seen as a safe haven in times of economic uncertainty and…
