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Trump, Treasury
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Trump's Treasury Secretary pick to face big questions at confirmation hearing
Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic watchdog of Wall Street.
Yellen, US Treasury
Chinese hackers accessed Yellen's computer in US Treasury breach, Bloomberg News reports
The computers of two of Yellen's lieutenants, Deputy Secretary Wally Adeyemo and Acting Under Secretary Brad Smith, were also breached, the report said. The hackers accessed fewer than 50 files on Yellen's machine,
China-linked hackers accessed over 400 US Treasury computers
We’ve been reporting on a Chinese hacking group infiltrating the US Treasury Department and now we have more information. It looks like they breached more than 400 computers.
Chinese hackers accessed thousands of Treasury files, including Yellen’s, officials told lawmakers
The briefing featured officials from Treasury, the Cybersecurity and Infrastructure Security Agency and the FBI.
44m
on MSN
Maddow Blog | Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Trump's incoming Treasury secretary summarized the administration's perspective perfectly: Yes to tax breaks for the wealthy, ...
17h
on MSN
US recovers $31 million in federal payments to dead people
The U.S. government has clawed back more than $31 million in Social Security payments that improperly went to dead people.
1d
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
3d
on MSN
More alleged Chinese intrusions into the US Treasury revealed
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...
1d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
18h
US Treasury Nominee Says Trump Can Usher In 'Economic Golden Age'
Donald Trump's nominee for Treasury chief defended potential tax cuts and tariffs Thursday, telling lawmakers at his ...
17h
Trump’s Treasury Pick Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
6h
Global equity funds see drop in demand on rising US Treasury yields
Demand for global equity funds declined sharply in the week through Jan. 15, as U.S. Treasury yields rose and expectations ...
20h
New US sanctions target Sudan's warring military leader
The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that ...
17h
US Home Insurance Costs Rose More Steeply in Areas of Climate Risk, US Treasury Dept Study Finds
WASHINGTON - Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for ...
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