The Trump administration's attempt to transfer the $1.6 trillion federal student loan portfolio's management to the Treasury Department was blocked by a federal court order. This move, impacting over ...

Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...

WASHINGTON (AP) — Former U.S. Rep. Billy Long of Missouri was confirmed on Thursday to lead the Internal Revenue Service, ...

Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...

Wall Street breathed a sigh of relief Thursday after a key bond auction eased concerns that the US economy might be falling ...

The U.S. dollar slumped to its lowest level since 2022 on Thursday, putting the greenback on track to have its worst start to ...

Bonds were mired in a sell-off for most of April and May as concerns swirled around mounting debt levels, the impact of ...

Scott Bessent couldn't help but laugh at Sen. Elizabeth Warren's (D-MA) crack about finding herself in agreement with former ...

The Treasury Department on Thursday will sell $22 billion worth of 30-year government bonds, in what will serve as a gauge of investors’ appetite for US debt. All eyes are on whether there is weak ...

"Almost everything the Department of Education does is unconstitutional," McCluskey says. "The Constitution gives the federal government only specific, enumerated powers, and authority to govern in ...

The United States is structurally committed to high spending and low taxation, with both parties reluctant to enact ...

The US Treasury Department faces potentially steep penalties over a backlog of remote work requests sparked by President ...