Balance of Power: Treasury Secretary Scott Bessent on DOGE, Dollar, Fed
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...
Trump Treasury secretary Scott Bessent relieves some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent
Treasury Secretary Scott Bessent on Wednesday signaled that the White House wants Trump's tax cut package from 2017 to be ...
US sanctions network that helps ship Iranian oil to China
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
DOJ allows some DOGE employees access to Treasury payment system
Treasury Secretary Scott Bessent was sued after he granted DOGE personnel limited access to his department’s payment system ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Trump Administration to Lay Off Nearly All of U.S. Aid Agency’s Staff
Officials for the agency were notified of the planned cuts on the same day they learned that about 800 awards and contracts ...
Trump's Justice Department ends Biden-era task force aimed at seizing assets of Russian oligarchs
The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.
Trump Administration Live Updates: Nearly All Jobs Are Said to Be Cut at Aid Agency
Officials for the agency were notified of the planned cuts on the same day they learned that about 800 awards and contracts ...
‘Shrouded in secrecy’: Trump and Musk’s DOGE committing ‘massive and unprecedented’ intrusion of taxpayers’ privacy, lawsuit says
The Treasury Department is breaking multiple federal laws by allowing Elon Musk and DOGE to access taxpayers' private data, a ...