BFS will conduct multiple phases of reductions in force, or layoffs, starting this fiscal year, the agency said. The final ...

(Bloomberg) -- Staff at the Federal Reserve cooperated with the Treasury Department to give Elon Musk’s Department of Government Efficiency access to federal payment systems, according to a new ...

WATCH: Treasury Secretary Yellen and Fed Chair Powell testify on pandemic recovery Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are expected to testify before the House Committee on ...

Custodia Bank CEO Caitlin Long says a “big fight” is looming between Trump’s Treasury Department and the Federal Reserve over ...

Another source within the agency confirmed King, who was previously deputy CIO, is now acting in the chief IT position. King had been deputy CIO since 2022. He also briefly served as acting CIO of the ...

That process also could affect the Treasury Department’s holdings at the Fed as the government seeks to preserve cash. So the Fed agreed to reduce the monthly runoff of its Treasury bonds from $ ...

U.S. Treasury Secretary Scott Bessent said on Wednesday his department will play a greater role in banking regulation to ...

Government bond yields are struggling to find direction ahead of the Fed announcement. A look at history shows the next move tends to be lower. The 10-year Treasury yield was up 2 basis points ...