Senate Confirms Russell Vought as Office of Management and Budget Director
Mr. Vought, an architect of Project 2025 who served in the first Trump administration, will be at the center of President ...
Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
Inside the fight to stop Elon Musk and 'DOGE' from accessing your personal financial information
Elon Musk's so-called Department of Government Efficiency, or "DOGE," has moved quickly to set up shop in a critical Treasury Department office that handles the vast majority of payments made by the ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
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 expressed confidence in the central bank Chair Jerome Powell, ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
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Ukrainian Drone Strikes Hit Around 17% of Russia’s Oil Refining Capacity and 20% of Its Seaborne Oil Exports
As 2025 began, Ukraine significantly ramped up its strikes on Russian oil refineries. This comes at a particularly ...
U.S. to boycott next G20 meeting in South Africa
U.S. Secretary of State Marco Rubio will not attend an upcoming G20 meeting in South Africa, he said on Wednesday, days after President Donald Trump threatened to cut off funding to the African ...
CFOs prep for tax policy impacts: Grant Thornton
CFOs are feeling more upbeat about economic prospects following the U.S. election, but still face uncertainty when it comes ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
Ivanka Trump Used USAID Money for Events, Records Show
Ivanka Trump used over $11,000 from the department in 2019 to buy video recording and reproducing equipment for a White House ...
North American Morning Briefing: Stock Futures, Bond Yields Edge Up Ahead of Jobs Data
Qualcomm earnings beat Wall Street expectations, as revenue jumped. But IP licensing revenue missed estimates and stock fell 4.8%. Skyworks Solutions plunged after it said it expected its share of the ...