The fate of the Trump tax cuts may hang in the balance — but it is crucial for Congressional Republicans to extend them. It's ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
Fox News correspondent Bill Melugin has the latest on the hundreds of federal agents raiding apartment buildings in Aurora, ...
House Democrats unveiled legislation on Thursday that seeks to secure the personal data of Americans amid the Department of ...
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserves ...
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
Scott Bessent stressed that Trump’s focus is on lowering the 10-year Treasury yield, not pushing the Fed for rate cuts. The "3-3-3" plan aims to cut the deficit to 3% of GDP, increase oil output by 3M ...