Treasury secretary nominee warns increased government spending and no extension of Trump tax cuts will lead to ‘economic crisis’
Fox News senior national correspondent Rich Edson has the latest on the Senate confirmation hearings for President-elect ...
Treasury Secretary Janet Yellen praises Biden's pandemic response in farewell address
Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, ...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
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Trump's Treasury Secretary pick to face big questions at confirmation hearing
WASHINGTON - Wall Street veteran Scott Bessent, President-elect Donald Trump's pick for Treasury secretary, faces his Senate confirmation hearing on Thursday in front of a mostly friendly crowd ...
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...
Progressives are frustrated by Biden’s final-days warning of billionaire influence
The Democratic Party's left wing is responding to President Joe Biden's strong words about the possibility of an American ...
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...