Treasury

Politics

Federal employee of the year awarded to retired Treasury Department official : NPR

David Lebryk, who was then the acting director of the U.S. Mint, speaks at the unveiling of the new U.S.…

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Trump Called Musk ‘Big-Time Drug Addict,’ Said Physical Fight With Treasury Secretary Was ‘Too Much’

Donald Trump and Elon Musk’s friendship imploded well before the Tesla CEO fired off a series of (since deleted) scathing…

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Business

Treasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’

Treasury Secretary Scott Bessent downplayed worries about the U.S. debt this Sunday, just days after JPMorgan Chase CEO Jamie Dimon,…

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Business

Treasury secretary Scott Bessent insists US will ‘never default’ on its debt

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…

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In big change, Treasury will stop minting them : NPR

The Treasury Department has ordered its last delivery of blank pennies. Once that's exhausted, the federal government will stop minting…

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Business

Bitcoin touches all-time high and Treasury yields cross 5% again

On Wednesday markets rose then dropped all at once. Bitcoin went from a record price to closing briefly negative, then…

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Business

Dow futures drop 250 points and Treasury yields jump after Moody’s downgrades U.S. debt

Stock futures pointed lower on Sunday evening as investors weighed fresh warnings on U.S. debt and the potential for President…

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Business

Trump’s tariffs may mean Walmart shoppers pay more, his Treasury chief acknowledges

Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from…

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Business

UK overtakes China as second-largest US Treasury holder

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Politics

Watch live: Bessent testifies on Treasury oversight as economic turmoil mounts

Treasury Secretary Scott Bessent will testify before a House Appropriations Committee panel on Tuesday morning, as economic uncertainty continues to…

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