News

Switzerland soon hopes to finalise a new business offer for Washington to ease its tariff burden, which will likely include ...
During his remarks in a Senate hearing in January, Scott Bessent displayed his disconnect with the American people. Bessent ...
Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...
The second-highest-ranking official at the Treasury Department, Michael Faulkender, is departing President Trump’s ...
The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in ...
Deputy Treasury Secretary Michael Faulkender is stepping down from his post, after having played what Treasury Secretary ...
The clash over Iran's nuclear program is escalating, with U.S. sanctions and Europe's snapback threat putting Tehran under ...
Will you get a tariff rebate check? Scott Bessent says the administration will pay the national debt before sending payments.
Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.
Bessent says debt, not rebate checks, will be administration’s priority for tariff revenue as prices rise for Americans ...
Trump administration's trade policy produces monthly revenue of $29.6 billion in July as officials explore debt reduction ...