White House Clarifies Reports of Musk-Yellen Encounter
Reports surfaced alleging a physical altercation between Elon Musk and Treasury Secretary Janet Yellen after a White Hou...
US Sanctions 'Narco Sub' Cocaine Ring Linked to Cartels
The U.S. Treasury Department has announced sanctions against six individuals accused of operating a sophisticated drug t...
Treasury Secretary Defends Tariffs Amid Inflation Concerns
Treasury Secretary Scott Bessent faced tough questions on CBS regarding the impact of Trump-era tariffs on inflation. Re...
US-China Trade Talks Stall, Need Leaders' Intervention
Trade negotiations between the United States and China have reportedly hit a snag. According to Treasury Secretary Scott...
Andrew Mellon's Ambitious Plan to Fix Washington a Century A...
Before Elon Musk, Andrew Mellon, one of America's wealthiest individuals, attempted to streamline the government as Trea...
Understanding Bonds: A Simple Guide to Faith and Credit
The bond market can seem complicated, but it's really about trust and lending. When you buy a bond, you're essentially l...
Julin lvarez Postpones Texas Concert Due to Visa Issues
Mexican singer Julin lvarez has postponed his scheduled concert at AT&T Stadium in Arlington, Texas. lvarez cited the ca...
GOP Senators Criticize $4.7 Trillion in Untraceable Treasury...
Republican senators are raising concerns about the Treasury Department's annual payments. They claim roughly 500,000 pay...
US Sanctions Target Violent Cartel at Southern Border
The U.S. Treasury Department has announced new sanctions aimed at disrupting the operations of a powerful and violent dr...
US Mint to Cease Penny Production After Final Order
The U.S. Treasury Department announced it has placed its last order for blank pennies, signaling the end of one-cent coi...
Treasury Department Ends Penny Production
The U.S. Treasury Department has made its last order for blank pennies, signaling the end of penny production. Rising me...
US Sanctions Leaders of Violent Mexican Drug Cartel
The U.S. government has imposed sanctions on two top leaders of the Cartel del Noreste, a powerful and violent drug traf...
Global Finance Leaders Meet Amid Trade War Concerns
Top economic officials from around the world are meeting to discuss pressing issues. The gathering, held in Canada, incl...
Mortgage Rates Jump Above 7% After US Credit Rating Downgrad...
Mortgage rates climbed above 7% this week, reversing a period of relative stability. The increase follows Moody's recent...
Ray Dalio Warns U.S. Treasury Risk Higher Than Moody's Ratin...
Billionaire investor Ray Dalio believes the risks facing U.S. Treasury bonds are more significant than indicated by Mood...
Treasury Secretary Dismisses Moody's Downgrade as 'Lagging I...
Treasury Secretary Scott Bessent responded to Moody's recent downgrade of the U.S. credit rating, calling the agency a '...
Bessent: Moody's Downgrade a 'Lagging Indicator'
Treasury Secretary Scott Bessent dismissed Moody's recent downgrade of the U.S. credit rating as a 'lagging indicator' o...
Treasury Sec. Bessent: Walmart to Absorb Some Tariffs
Treasury Secretary Scott Bessent stated that Walmart will need to absorb some of President Trump's tariffs. This follows...
Moody's Lowers U.S. Credit Rating, Cites Fiscal Concerns
Moody's Investors Service has downgraded the U.S. government's credit rating, citing concerns about the nation's fiscal...
US Sanctions Iran Oil Firms, Offers Nuclear Deal
The Trump administration has imposed sanctions on companies involved in Iran's oil trade. These actions aim to limit Ira...
US and China Tariff Cuts Boost Investor Confidence
Investors reacted positively Monday as the U.S. and China agreed to reduce tariffs on goods traded between the two count...
US and China Agree to Reduce Tariffs in New Trade Deal
The United States and China have reached an agreement to temporarily lower tariffs on goods traded between the two count...
U.S. Sanctions Target Cocaine Traffickers Using 'Narco Subs'
The United States has imposed sanctions on six individuals, including four Guyanese and two Colombians, for their allege...
Trump and Xi to Discuss Trade Agreement Soon
President Trump and Chinese President Xi Jinping are planning to speak soon about trade, according to the White House. T...
Trump and Xi to Discuss Trade Agreement Soon
President Trump and Chinese President Xi Jinping are planning to speak soon about trade issues. Treasury Secretary Scott...
Treasury Secretary Bessent and Sen. Paul Discuss Economy on 'Face the Nation'
Treasury Secretary Scott Bessent and Senator Rand Paul appeared on 'Face the Nation' to discuss the current economic cli...
Treasury Secretary Mnuchin Discusses Tariffs on "Face the Nation"
Treasury Secretary Steven Mnuchin appeared on "Face the Nation" this week to address ongoing concerns about tariffs and...
US Treasury Secretary Optimistic About US-China Trade Talks
Treasury Secretary Scott Bessent expressed confidence that trade disagreements between the U.S. and China can be resolve...
US-China Trade Deal Expected After Trump-Xi Talks, Says Official
Treasury Secretary Scott Bessent believes that ongoing trade disagreements between the United States and China will be r...
Treasury Secretary Bessent Discusses Tariffs on "Face the Nation"
Treasury Secretary Scott Bessent joins Margaret Brennan on "Face the Nation" this week to address the ongoing debate sur...
Treasury Secretary Bessent Discusses Inflation and Economic Growth
Treasury Secretary Scott Bessent addressed concerns about rising inflation and potential strategies for fostering sustai...
Penny's End Nears: Is the One-Cent Coin Worth Saving?
The U.S. Treasury plans to stop making pennies due to the high cost of production. Each penny costs nearly four times it...
Trump Accuses China of Breaching Tariff Agreement
Former President Donald Trump has accused China of violating the trade truce established previously. The accusation come...
US-China Trade Talks Face Setback, High-Level Intervention Possible
Trade negotiations between the United States and China have reportedly hit a snag, according to the US Treasury Secretar...
Penny Production to End: Is the Cent Worth It?
The U.S. Treasury plans to phase out penny production starting in 2026, reigniting a long-standing debate. For years, th...
Court Grants DOGE Access to Treasury Payment Systems
A judge has ruled in favor of DOGE, granting the organization access to sensitive payment systems within the Treasury De...
Trump Media Enters Bitcoin Market with $2.5 Billion Deal
Trump Media & Technology Group, the company behind the Truth Social platform, has announced a $2.5 billion agreement foc...
US National Debt Exceeds $36 Trillion: What It Means
The United States national debt has surpassed $36 trillion, raising concerns among economists about its long-term effect...
Penny's Future Uncertain: Will Its Sayings Live On?
The U.S. Treasury is considering halting penny production, potentially ending the run of one of the nation's oldest coin...
US Treasury Announces Penny's Retirement
The US Treasury has officially confirmed the end of the penny. For years, there has been a debate about whether the one-...
Treasury to phase out penny after Trump says coin no longer makes 'cents'
The Treasury Department says it will phase out production of new pennies early next year.
Penny Production Ending as Treasury Department Phases Out Coin
The U.S. Treasury Department has placed its last order for penny blanks, signaling the beginning of the end for the one-...
Treasury Yield Spike Triggers Stock Market Sell-Off
The stock market experienced a significant downturn Wednesday as treasury yields rose sharply. The Dow Jones Industrial...
Treasury Sec. Bessent Dismisses Moody's Downgrade as 'Lagging'
Treasury Secretary Scott Bessent downplayed Moody's recent downgrade of the U.S. credit rating, calling the agency a "la...
US Credit Rating Downgraded Due to Rising National Debt
The United States has lost its last perfect credit rating as national debt continues to climb. Moody's cited the failure...
Moody's Downgrades U.S. Credit Rating Due to Rising Debt
Moody's Investors Service has lowered the U.S. government's credit rating from Aaa to Aa1. The ratings agency cited conc...
Trump's Syria Sanctions Reversal Surprises Treasury Officials
Former President Trump's recent decision to lift sanctions on Syria has reportedly caught some senior officials at the T...
US and China Temporarily Lower Tariffs for 90 Days
The United States and China have agreed to temporarily reduce tariffs on goods traded between the two countries for a pe...
US and China Report Progress After Trade Negotiations
The United States and China have indicated positive developments following recent trade talks. U.S. Treasury Secretary d...
US and China Report Progress in Trade Tariff Negotiations
After a weekend of intense discussions, U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng have re...
US and China Report Progress in Trade Negotiations
The United States and China have reported making significant headway in recent trade discussions. U.S. Treasury Secretar...