I hate to rain on this parade, but the Department of Government Efficiency (DOGE) is not a real department,” Schiff noted in ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

When it comes to consumer borrowing costs, Bessent would sit close to the issue - but there's a limit to ... Secretary Janet Yellen "distorted Treasury markets by borrowing more than $1 trillion in ...

President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury secretary, enlisting a key adviser to manage the sweeping economic ...

President-elect Donald Trump's new Treasury chief needs to hit the ground running once he takes office, tasked with rolling ...

Ensuring the US doesn’t default on its obligations. Extending trillions of dollars in tax cuts before they expire.

Russia began reducing their investments in the US sovereign debt in the spring of 2018. They fell from $96 billion down to ...

Trump was originally believed to have two frontrunners in Howard Lutnick and Scott Bessent, but is now reported to be considering more options.

Nov 13 (Reuters) - Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of 2016 ...

US household debt climbed to a fresh high last quarter, with rising incomes leaving many consumers able to manage the burden, but lower-income groups showing signs of financial strain. Higher debt ...

N.W.A., Sheryl Crow, George Clinton and Bryan Adams are also on the ballot for the prestigious honor. By Mesfin Fekadu Slim Shady could be headed to the Songwriters Hall of Fame. Non-performing ...

The debt swap plan announced Friday will raise the local government debt ceiling every year from 2024 to 2026, with a total of $558 billion of hidden debt that can be replaced. Meanwhile ...