News

US Treasury's Bessent ousts IRS acting chief, names deputy to temporary role
U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...
US Treasury Sec Bessent invites South Korea finance minister for trade talks next week
South Korean Finance Minister Choi Sang-mok will hold a meeting with U.S. Treasury Secretary Scott Bessent next week to ...
Ex-Treasury secretary: US being treated as ‘problematic emerging market’
Former Treasury Secretary Larry Summers said Wednesday that the U.S. is being treated as a “problematic emerging market.” ...
Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations
In an interview with NBC News’ “Meet the Press,” Bessent called it a “false narrative” that people who are close to retiring ...
Trump's team and supporters justify abrupt tariff reversal: It's 'The Art of the Deal,' dummy
President Donald Trump's 90-day tariff pause came on Wednesday with little warning. His team is saying it's all part of his ...
IRS agrees to unprecedented measure of sharing tax details on illegal migrants with DHS for deportation efforts
Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem signed off on the Memorandum of Understanding ...
U.S. News & World Report3d
US Treasury Secretary: No Risk of China Weaponizing Treasuries Despite Bond Market Volatility
(Reuters) - U.S. Treasury Secretary Scott Bessent in an ... its robust Treasury pile to inflict economic pain on the United States. "If Treasuries hit a certain level or if the Federal Reserve ...
Trump inner circle warned of tariff consequences
The White House has taken pains to say administration officials are unified on the tariff effort announced on April 2, which ...