U.S. Department of the Treasury

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‘Don’t fight Bessent’s Treasury’ is new mantra in US bond market
Finance

‘Don’t fight Bessent’s Treasury’ is new mantra in US bond market

By Ye Xie, Liz Capo McCormick and Bloomberg
March 23, 2025
Scott Bessent says he’s not worried about the stock market’s ‘healthy correction,’ insisting the Trump administration is only trying to avoid an even bigger financial crisis
Politics

Scott Bessent says he’s not worried about the stock market’s ‘healthy correction,’ insisting the Trump administration is only trying to avoid an even bigger financial crisis

By
March 18, 2025
Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
Finance

Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’

By
March 14, 2025
Anthony Scaramucci answers reporters' questions during the daily White House press briefing in the Brady Press Briefing Room at the White House July 21, 2017 in Washington, DC. White House Press Secretary Sean Spicer quit after it was announced that Trump hired Scaramucci, a Wall Street financier and longtime supporter, to the position of White House communications director.
Finance

Anthony Scaramucci rewrote the ending of his book after Bitcoin investor Michael Saylor called him from a yacht

By
March 12, 2025
Scott Bessent gestures while holding a microphone
Politics

‘Cheap goods’ aren’t part of the American Dream, Trump’s treasury secretary says

By
March 11, 2025
Treasury Secretary Scott Bessent says the economy may slow as part of a ‘detox’ from government spending
Politics

Treasury Secretary Scott Bessent says the economy may slow as part of a ‘detox’ from government spending

By
March 7, 2025
Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs 
Finance

Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs 

By
March 3, 2025
Repricing U.S. gold reserves would be bullish for the market, signaling the precious metal is not a ‘barbarous relic,’ analyst says
Finance

Repricing U.S. gold reserves would be bullish for the market, signaling the precious metal is not a ‘barbarous relic,’ analyst says

By
February 23, 2025
Trump says Musk will be looking at Fort Knox. Here’s what to know about the depository that holds about half the Treasury’s gold stash
Finance

Trump says Musk will be looking at Fort Knox. Here’s what to know about the depository that holds about half the Treasury’s gold stash

By Rebecca Reynolds and The Associated Press
February 21, 2025
Treasury watchdog begins audit of Musk DOGE team’s access to the US government’s payment system
Politics

Staff Writer

By Fatima Hussein, Josh Boak and The Associated Press
February 15, 2025
Elon Musk wants the U.S. Treasury to be on a blockchain. That’s a terrible idea—take it from a big proponent of the technology
Commentary

Elon Musk wants the U.S. Treasury to be on a blockchain. That’s a terrible idea—take it from a big proponent of the technology

By
February 14, 2025
Does Trump’s penny plan make cents? How ditching the hated coin would affect consumers
Personal Finance

Does Trump’s penny plan make cents? How ditching the hated coin would affect consumers

By
February 11, 2025
U.S. Secretary of Treasury Scott Bessent (L) and Howard Lutnick, U.S. President Donald Trump's nominee for Commerce Secretary, (R) stand behind U.S. President Donald Trump as he speaks to reporters in the Oval Office of the White House on February 03, 2025 in Washington, DC.
Finance

Adjusting the bookkeeping on America’s gold reserves could add $750 billion to the U.S. Treasury overnight—but one expert says cashing out could trigger an ‘Armageddon’ event and tank the market

By
February 11, 2025
DOGE access to U.S. finances risks loss of American credibility that ‘will prove difficult to regain’, former Treasury secretaries warn
Politics

DOGE access to U.S. finances risks loss of American credibility that ‘will prove difficult to regain’, former Treasury secretaries warn

By Fatima Hussein, David Klepper and The Associated Press
February 11, 2025
Trump says he told the U.S. Treasury to stop minting new pennies because each costs more than 2 cents to make
Finance

Trump says he told the U.S. Treasury to stop minting new pennies because each costs more than 2 cents to make

By Jill Colvin and The Associated Press
February 10, 2025

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