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Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News.
A treasury receipt is a bond that's purchased at a discount in return for a payment of full face value at its date of maturity. Understand what makes them unique.
U.S. Treasury yields ended the week slightly up, lifted by a selloff that pushed government borrowing costs higher in Friday’s session.
Treasury Secretary Scott Bessent on Friday said it’s no “problem” for the U.S. to pay off tariff refunds if the Supreme Court rules against President Trump’s tariffs.
Learn about the risks involved in investing in U.S. Treasury bonds, such as inflation and interest rate risks, to help you make smarter financial choices.
Hundreds of billions of federal dollars are being squandered on waste, fraud, and abuse each year, Treasury Secretary Scott Bessent underscored in a recent interview.
James Murray, chief secretary to the Treasury, will begin a series of reviews into government spending designed to find efficiencies by improving the way money flows across Whitehall departments.
House lawmakers in both parties joined forces on Wednesday to pass a two-bill spending package to fund large parts of the federal government, marking the latest victory for bipartisan leaders
Scott Bessent's comments comes a day after Trump vowed to implement tariffs on European Union members opposed to a US acquisition, including Denmark, which has long been one of Washington's staunchest allies.