Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.
Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday ...
The Office of Personnel Management’s chief financial officer, who manages more than $1 trillion in funds, was pushed out this ...
The yield on the 10-year Treasury slid on Wednesday as traders digest ADP payroll data that would shed more light on the state of the U.S. economy.
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
If the Musk team shut down legally legitimate transfers, that could spark debate over whether the federal government is ...
After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...
In January 2023, U.S. Treasury Secretary Janet Yellen announced that the government hit its debt ceiling, the maximum amount of money that the federal government can legally borrow. When this ...
Diane Brady talks to Keebeck Wealth Management CEO Bruce Lee about the federal deficit. The big story: 70 feared dead in ...
A top surprise for markets this year could be the Fed ultimately cutting rates three or more times, State Street said.
Bessent has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Job Act ...