US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
Center on Budget and Policy Priorities1d
“DOGE” Access to Treasury Payment Systems Raises Serious Risks
This primer explains what the Bureau of the Fiscal Service does, how it has traditionally been managed by career civil ...
Treasury yields are higher after Powell says Fed doesn't need to rush to cut rates
U.S. Treasury yields were higher on Tuesday after testimony from Federal Reserve Chair Jerome Powell raised some doubt about the path toward lower rates.The 10-year Treasury yield was last up 4 basis ...
Agriculture and Treasury departments combine forces to combat payment fraud
In response to the discovery of nearly $50 million in payments to ineligible farmers, Agriculture Secretary Tom Vilsack today announced that the U.S. Department of Agriculture (USDA) and Internal ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Analysis-US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening ...
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 ...
cryptopolitan6d
Elon Musk and his D.O.G.E now legally banned from the US Treasury systems
Elon Musk’s D.O.G.E (Department of Government Efficiency) just got slapped with a major legal block. A federal judge has ...
Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting ...
Will Elon Musk's Treasury Access Derail Your 2025 Tax Refund?
Elon Musk's growing power and unprecedented access to sensitive payment systems are raising concerns about tax season impacts.
cryptopolitan14d
Bitcoin lover Scott Bessent confirmed as US Treasury Secretary
Scott Bessent, a billionaire hedge fund manager and crypto advocate, is now the US Treasury Secretary after a 68-29 Senate ... Critics like JPMorgan CEO Jamie Dimon say that D.O.G.E is a direct threat ...
Investopedia14d
What Does the Secretary of the Treasury Do?
Omar Chatriwala / Getty Images The Secretary of the Treasury runs the U.S. Department of the Treasury, a Cabinet-level agency of the federal government. The department is responsible for ...