DOGE’s Treasury Access Could Let GOP Off The Debt Limit Hook
Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
Treasury elevates Musk ally to lead government payment system
The elevation of Tom Krause to a more powerful role at Treasury will likely inflame an ongoing backlash over DOGE.
Bessent’s Treasury Sticks With Yellen-Era Long-Term Debt Plan
The US Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
Treasury to Sell $125 Billion in Debt at Auction
The US Treasury will sell $125 billion of debt during its quarterly refunding auctions next week. The guidance on long-term ...
Bessent’s Plan for Cutting Debt Isn’t Enough. He May Need a Good Dose of ‘Repression.’
With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...
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CFPB agrees to temporarily halt medical debt rule
The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Small Businesses Will Be Subjected to ‘Fury of Debt Collectors’ for Covid Loans ...
Sen. Ed Markey, the ranking Democrat on the Senate Small Business and Entrepreneurship Committee, is taking to task the committee’s new chair —Republican Sen. Joni Ernst—for advancing legislation that ...
Treasury selloff extends in 3- to 7-year notes as inflation expectations rise
Friday's selloff in U.S. government debt was gaining momentum in 3-year through 7-year Treasury notes after University of Michigan data showed consumer-inflation exp ...
Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar
Brazil's Treasury on Tuesday estimated that federal public debt will rise up to 16% this year, as bonds linked to the ...
Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default ...
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
10-year Treasury yield drops below 4.5%, sees lowest close since Dec. 17
Treasury yields fell sharply Wednesday after the U.S. government said it wouldn't be increasing the pace of debt issuance. The Treasury Department said it expected to keep auction sizes steady in the ...