Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Tom Krause, a former executive involved in Elon Musk's DOGE, is the new financial assistant secretary at the Treasury ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...

While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...

Tom Krause, a software executive, is the Treasury Department’s fiscal assistant secretary with access to a system that ...

It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on ...

The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...

The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.