The pound has risen to its highest value this year as the US Treasury said the Trump administration is considering currency ...

Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the ...

Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...

A federal judge Tuesday clarified that a ruling preventing Elon Musk’s Department of Government Efficiency (DOGE) from ...

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an ...

Wall Street rode a wild week of President Donald Trump’s tariff jockeying, more slash and burn from DOGE and some big ...

Federal Reserve Chair Jerome Powell sat before the Senate Banking Committee on Tuesday morning to testify on the agency’s monetary policy. The hearing came as interest rates were held steady ...

The result: Bond traders anticipate that yields will remain elevated — and range bound — until there’s a lot more clarity on ...

In a quick, one-week succession following U.S. Treasury Sec. Scott Bessent’s appointment as acting director of the Consumer ...

Senator Ron Wyden on Friday accused the Treasury Department of misleading Congress about the level of access into sensitive ...