US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
Taiwan president briefed ahead of possible US tariffs
TAIPEI (Reuters) -Taiwan President Lai Ching-te met senior officials on Sunday night to discuss the possible impact of U.S.
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...
DOGE deputy, Treasury Secretary dish on crusade to pull the IRS out of its 'really big hole'
Department of Government Efficiency deputy Sam Corcos and Treasury Secretary Scott Bessent break down efforts to end wasteful ...
Shrinking US risk premium to divert more cash into Europe
The premium investors enjoy from holding U.S. government debt over that of Germany is set for its biggest quarterly drop in ...
US Treasury department prepares to streamline banking regulators, Semafor reports
The U.S. Treasury department is preparing recommendations for streamlining some banking regulators, Semafor reported on ...
Bitcoin Magazine9d
US Treasury Removes Tornado Cash From OFAC Sanctions List
The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series ...
U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...
Fox Business12d
Some of the worst US trading partners are coming to the table, Treasury Secretary Bessent says
With so-called "stacked" tariffs looming around President Donald Trump’s reciprocal tariff deadline, Treasury Secretary ... in terms of the way they treat us have already come to President ...