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Scott Bessent Treasury Secretary confirmation hearing

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.

Boise State Public Radio · 2d

Trump's pick for Treasury Secretary is Scott Bessent. Here's what to know

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.

USA TODAY on MSN · 3d

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.

Treasury will begin steps to avoid debt default

US Treasury to launch measures to avoid debt limit breach on Tuesday

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default.

The Washington Post on MSN · 1d

Treasury will begin steps to avoid debt default as Trump takes office

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.

justthenews · 1d

Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month

US Sanctions, Treasury Hacks

The Associated Press on MSN · 2d

Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network

The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications companies and a breach of its own computer network.

Bloomberg on MSN · 2d

US Sanctions Chinese Entities Behind Telecoms, Treasury Hacks

The Biden administration on Friday announced sanctions on two Chinese entities accused of cyberattacks, including a firm it said is directly involved in the recent espionage campaign against US telecommunications firms and a hacker behind the recent breach of Treasury Department computers.

US Targets China-linked Individual Over Treasury Hack

The United States sanctioned a person close to China's Ministry of State Security on Friday whom it accused of being involved in a recent hack of the Treasury Department.

13h

Killing A Tax Shelter: Treasury Publishes Final Regulations For 831(b) Microcaptive Transactions

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

Mediaite on MSN2d

Bernie Sanders Has to Ask Three Times If Trump’s Billionaire Treasury Secretary Nominee Agrees The U.S. Is An Oligarchy

"Do you think that when so few people have so much wealth and so much economic and political power, that is an oligarchic ...

Hosted on MSN17h

Chinese hackers infiltrated US Treasury Secretary's PC — attackers had access to over 400 PCs

Chinese hackers accessed over 400 computers and over 3,000 unclassified files when they infiltrated the U.S. Treasury.

1d

Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

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