News

CBO Chief Still Sees US Treasury ‘X-Date’ Coming Late Summer
The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government ...
Treasury's Bessent says US should be 'premier destination' for digital assets
Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...
Treasury seeks cheaper nickel production ahead of possible penny elimination
A nickel may be worth 5 cents but costs nearly 14 cents to make. With the penny possibly being eliminated, the Treasury wants ...
Bessent Says US on Debt-Limit ‘Warning Track,’ But No Timing Yet
Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...
US Treasury targets Houthi-linked vessels to disrupt efforts to fund 'dangerous and destabilizing attacks'
The Trump administration sanctioned three vessels and their owners for providing support to the Houthis – the Iranian ...
US puts sanctions on Myanmar warlord and militia linked to cyber scams
The United States imposed sanctions on Monday on a Myanmar warlord, his two sons and the militia he leads for facilitating ...
US, Chinese officials to hold ice-breaker meeting in Geneva this week
The meeting could be a first step toward resolving a trade war started by President Donald Trump that is disrupting the ...
Watch: Bessent testifies on Treasury Department oversight as economic turmoil mounts
Treasury Secretary Scott Bessent will testify before a House Appropriations Committee panel on Tuesday morning, as economic ...
Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war
WASHINGTON (AP) — Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the ...
Treasury Secretary Scott Bessent to House Committee: "We Have Set The Table For A Robust Economy"
Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...
After Yield Surge, US Treasury Expected to Keep Auction Sizes Steady
The Treasury said at its refunding in February, the first under Treasury Secretary Scott Bessent, that it expects to keep ...
US imposes sanctions on Myanmar ethnic militia for ‘facilitating cyber scams’
An ethnic militia group in southeastern Myanmar that faces sanctions by the United States over its alleged involvement with ...