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Category U.S Treasury

Treasury's TIPS market at risk after White House says there will be no October CPI

Treasury's TIPS market at risk after White House says there will be no October CPI

The part of the US Treasury market that protects investors from rising consumer prices is now facing uncertainty after the White House said the Oct...
Citi Sells Argentine Pesos to Fed as Part of Treasury’s Rescue

Citi Sells Argentine Pesos to Fed as Part of Treasury’s Rescue

Citigroup sold a massive batch of Argentine pesos to the Federal Reserve on Thursday, a decision tied to US Treasury Secretary Scott Bessent’s swee...
Bessent to remain IRS chief, names Frank Bisignano as new CEO

Bessent to remain IRS chief, names Frank Bisignano as new CEO

Treasury Secretary Scott Bessent will temporarily retain his role as commissioner of the IRS.
Trump's confidante Steve Bannon says Scott Bessent should run both the Fed and Treasury

Trump's confidante Steve Bannon says Scott Bessent should run both the Fed and Treasury

Steve Bannon wants Scott Bessent to run the two most powerful economic arms of the U.S. government at once — the Federal Reserve and the Treasury D...
US Treasury opens second comment period on GENIUS Act stablecoin rules

US Treasury opens second comment period on GENIUS Act stablecoin rules

Treasury seeks feedback on the GENIUS Act stablecoin rules, with a new comment period open until Oct. 17.