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Category treasury department

Bessent rejects recession fears, citing Trump policies driving 2026 growth

Bessent rejects recession fears, citing Trump policies driving 2026 growth

Treasury Secretary Scott Bessent provided an open-ended assessment of the U.S. economic outlook, stating that he does not expect a recession in 202...
Political backing for crypto fades as prices tumble

Political backing for crypto fades as prices tumble

BTC falls below $82,000 amid a $1.3 billion whale sell-off and ETF outflows, marking the largest weekly crypto withdrawals since February.
Treasury adds $785 million to federal debt load

Treasury adds $785 million to federal debt load

The US Treasury completed a $785 million TIPS debt buyback amid falling 10-year Treasury yields and volatile markets.
FBI places $15 million bounty on 'Pablo Escobar' former Olympic medalist

FBI places $15 million bounty on 'Pablo Escobar' former Olympic medalist

The US Department of the Treasury (DOJ)  has issued charges against a former Olympic medalist accused of operating a global criminal organization u...
Treasury Secretary concedes Congress would need to green light Trump's $2,000 tariff checks

Treasury Secretary concedes Congress would need to green light Trump's $2,000 tariff checks

U.S. Treasury Secretary Scott Bessent revealed today that the proposed $2,000 tariff checks on Americans would need congressional approval. Preside...