US President Donald Trump has given the Departments of the Treasury and Commerce 90 days to come up with a plan to establish a sovereign wealth fund (SWF). “We’re going to create a lot of wealth for ...

U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the ...

The 10-year Treasury yield hovers about 40-50 basis points above that threshold. Enjoy the ride lower while it lasts—because ...

The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...

Mit Blick auf eine Senkung der Kreditkosten konzentriert sich die neue US-Regierung laut Finanzminister Scott Bessent auf die ...

US Treasury Secretary Scott Bessent said late Wednesday, the “focus is on bringing down 10-year Treasury yields, rather than the Fed’s benchmark short-term interest rate.” Failure to get the tax bill ...

As President Donald Trump's second administration continued its swift recasting of the federal government and American foreign policy, the president and his top diplomat issued a stunning proposal, ...

Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy ...

Elon Musk's moves and confirmations of Trump's Cabinet picks fuel a pushback from the left against Arizona's Democratic ...

Reps. Judy Chu and Gwen Moore wanted answers after Elon Musk and his minions secured access to a federal payment system.

By focusing on key sectors, the US treasury secretary aims to boost corporate revenue and cut reliance on trade barriers.

The Treasury kept its guidance suggesting the sales of long-term debt will remain unchanged through much of 2025.