U.S. Department of the Treasury

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Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Economy

Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’

By
April 23, 2025
‘The Sell America Trade’: Who’s behind the sinking of the U.S. dollar
Finance

‘The Sell America Trade’: Who’s behind the sinking of the U.S. dollar

By
April 23, 2025
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
Commentary

How to restore confidence in the U.S. dollar—and why it’s faltering in the first place

By Steve H. Hanke and Matt Sekerke
April 16, 2025
IRS building
Finance

Third IRS head since Trump’s inauguration resigns because she reportedly wasn’t told about an agreement forcing the agency to give taxpayer data to immigration officials

By
April 10, 2025
The bond market selloff badly rattled investors. Here’s what analysts are saying about this key market and what’s to come
Finance

The bond market selloff badly rattled investors. Here’s what analysts are saying about this key market and what’s to come

By
April 10, 2025
Cathie Wood, Founder and CEO, Ark Invest, speaks during the second day of the FII PRIORITY Summit held at the Faena Hotel on February 20, 2025 in Miami Beach, Florida.
Finance

Cathie Wood raises fears there are ‘serious liquidity issues in the U.S. banking system’ as Trump tariffs hit

By
April 9, 2025
Treasury Secretary Scott Bessent says negotiations over tariffs are happening, and about 70 countries have called the White House since ‘Liberation Day’ to talk trade
Finance

Treasury Secretary Scott Bessent says negotiations over tariffs are happening, and about 70 countries have called the White House since ‘Liberation Day’ to talk trade

By
April 8, 2025
U.S. Secretary of Treasury Scott Bessent and U.S. President Donald Trump look on during The White House Digital Assets Summit in the State Dining Room of the White House on March 07, 2025 in Washington, DC.
Politics

Markets will keep tanking until Trump tells them what it is he actually wants, Treasury’s Bessent reportedly tells president

By
April 8, 2025
Stan Druckenmiller lifts his right hand as he talks.
Finance

Trump economic officials revere billionaire Stanley Druckenmiller, but he says he does not support tariffs over 10%

By
April 8, 2025
Treasury Secretary Scott Bessent downplays stock market crash as short-term reaction and says ‘everything is working very smoothly’
Finance

Treasury Secretary Scott Bessent downplays stock market crash as short-term reaction and says ‘everything is working very smoothly’

By
April 6, 2025
Wall Street gets rude shock as Bessent plays second fiddle on tariffs
Politics

Wall Street gets rude shock as Bessent plays second fiddle on tariffs

By Saleha Mohsin, Dawn Lim, Katherine Burton and Bloomberg
April 6, 2025
U.S. President Donald Trump speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC.
Finance

Treasury Secretary Bessent blames Trump tariff sell-off in markets on deflating AI bubble: ‘That’s a Mag 7 problem, not a MAGA problem’

By
April 3, 2025
A $1.8 billion accounting error snowballed over 10 years in South Carolina—and could cost the state’s treasurer his job
Politics

A $1.8 billion accounting error snowballed over 10 years in South Carolina—and could cost the state’s treasurer his job

By Jeffrey Collins and The Associated Press
April 2, 2025
US President Donald Trump, left, and Howard Lutnick, US commerce secretary, during an investment announcement in the Roosevelt Room of the White House in Washington, DC, US, on Monday, March 3, 2025.
Finance

Trump’s reciprocal tariffs are ‘ripping up trade’ after decades of precedent. Here’s how tariffs got so lopsided in the first place

By Paul Wiseman, Christopher Rugaber and The Associated Press
April 1, 2025
Scott Bessent in front of a black background
Finance

America could run out of cash to pay its bills as early as this summer

By Fatima Hussein, Kevin Freking and The Associated Press
March 26, 2025

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