Treasury Has Used More Than 60% of Its Debt-Cap Special Measures
The US Treasury has $133 billion of extraordinary measures left, in addition to its cash pile, to help keep paying the ...
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.
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 ...
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 ...
Small Businesses Will Be Subjected to ‘the Fury of Debt Collectors’ for Covid Loans, According to Senate Dems
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 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 ...
DOGE deputy to oversee powerful Treasury system as Musk demands cuts
Tom Krause, a Silicon Valley executive with ties to DOGE, will become the fiscal assistant secretary of the Treasury ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
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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 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.
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 ...