As President Donald Trump's second administration continued its swift recasting of the federal government and American foreign policy, the president and his top diplomat issued a stunning proposal, ...
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term ...
The U.S. Treasury's payment system remains unaffected by Elon Musk's government efficiency team. Treasury Secretary Scott Bessent confirmed that any halting of payments would occur at the department ...