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Bessent’s Treasury sticks with Yellen-era long-term debt plan
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions ...
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 ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and ...
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 ...
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House Democrats crash Mike Johnson's meeting with Treasury Secretary Bessent
A pair of House Democrats showed up uninvited to House Speaker Mike Johnson's (R-La.) office Wednesday to elbow into his ...
Treasury agrees to interim ban on Elon Musk's DOGE accessing the financial data of millions of Americans
Elon Musk has no access to the Treasury's tax and Social Security data, a government lawyer said. Treasury agreed to keep it ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
The Trump administration said it intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. The news was greeted by some market participants, while also raising ...