Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.

In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” ...

A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next ...

Treasury Secretary nominee Scott Bessent strongly opposed U.S. digital dollars at a Senate hearing and backed Trump’s ...

Investors initially expected multiple rate cuts in 2024, but now anticipate at most one, reflecting the Fed's ongoing ...

Elon Musk has turned the U.S. Treasury Department’s cybersecurity disaster into his latest roast material. Following news ...

Trump's Treasury Secretary nominee Scott Bessent opposed US CBDC development during his Senate confirmation hearing, aligning ...

Senate confirmation hearing, President-elect Donald Trump’s Treasury Secretary nominee, Scott Bessent, dismissed the idea of ...

Scott Bessent told the Senate he saw 'no reason' for the U.S. to pursue a central bank digital currency, aligning with ...

Scott Bessent, Donald Trump's pick to serve as Treasury Secretary, handled a policy-heavy confirmation hearing with poise, ...

U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration's response to the COVID pandemic, ...

The arrival of a new presidential administration invokes new beginnings and a break from the past. Still, realities from previous administrations remain, such as a fiscal challenge that demands ...