Faulkender is due to appear before the Finance Committee on Thursday when the panel reviews his nomination to be deputy Treasury secretary. Committee Democrats objected to the scheduling of his ...

1551 ET – The week ends again with investors seeking refuge in U.S. government debt. Treasury yields decline as Wall Street braces for a potentially extensive round of tariffs to be announced ...

In a surprise announcement Sunday night, the U.S. Treasury Department put out a press release that could save tens of millions of small businesses from being treated like financial criminals and ...

WASHINGTON, D.C., March 13, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD ... offers a spread of 14.7 basis points versus the ...

The Trump administration's Treasury Department is in the midst of weighing a "wide range" of possibilities to streamline the Internal Revenue Service amid reports up to half of the IRS staff could ...

A federal judge on Friday rejected a request to block employees with the Department of Government Efficiency (DOGE) from accessing a sensitive federal payment system at the Treasury Department.

U.S. Treasury Secretary Scott Bessent made waves on Friday with his comment that the American economy is facing a “detox period.” “Could we be seeing that this economy that we inherited [is ...

The Trump administration on Wednesday announced a series of charges and sanctions against a dozen Chinese nationals — including two tied to the Chinese government — for hacking critical U.S ...

The US Treasury Department has burned through cash at a historic rate in the last month - an alarming signal that may require lawmakers to intervene to prevent the country from defaulting on the ...

The AICPA said Treasury is “headed in the right direction” by suspending enforcement of beneficial ownership information (BOI) reporting requirements and urged it to extend reporting deadlines to at ...

Treasury Secretary Scott Bessent on Thursday pushed back on concerns that have been raised about tariffs causing inflationary pressures that raise consumer prices, saying they would just lead to a ...

Treasury Secretary Scott Bessent staunchly defended President Trump’s tariffs on Thursday, arguing that trade policy should focus less on getting the lowest possible prices and more on putting ...