Mr. Bessent’s deputy, Michael Faulkender, will be the new acting leader, replacing Gary Shapley, the Treasury Department confirmed on Friday. Mr. Faulkender will be the third acting leader of ...

“Any self-respecting Treasury Secretary would resign rather have the Department be complicit in the weaponization of the IRS against a political adversary of the President,” Summers wrote.

On Thursday, the National Treasury Employees Union asked a federal judge to step in by arguing that officials were violating the order. “It is unfathomable that cutting the Bureau’s staff by ...

Faulkender was confirmed last month as deputy secretary at the Treasury Department and formerly worked during the first Trump administration at the Treasury on the Paycheck Protection Program before ...

WASHINGTON -- A federal judge who blocked President Donald Trump's administration from dismantling the Consumer Financial Protection Bureau ruled Friday that the bureau can't go forward ...

The Bureau of the Treasury (BTr) raised PHP135 billion from the 10-year Treasury bonds (T-bonds) auction on Tuesday amid strong demand from investors. “The issued FXTNs (Fixed Rate Treasury Notes) ...

A Treasury Department official wrote to the I.R.S. that Mike Lindell, the pillow entrepreneur, was “concerned he may have been inappropriately targeted.” By Andrew Duehren Reporting from ...

US Treasury's Bessent Ousts IRS Acting Chief ... According to the Times report, Musk's unofficial Department of Government Efficiency pushed the appointment through White House channels, but ...

and he remains among my most important senior advisors at the U.S. Treasury as we work together to rethink and reform the IRS," Bessent said. According to the Times report, Musk's unofficial ...

Fresh bond market volatility stemming from the Trump administration's fast-moving tariff policies isn't lost on US Treasury Secretary Scott Bessent. And neither is the risk of China potentially ...

Email me: [email protected]. Of all the ruckus in markets over the past few weeks, the most concerning part was the rapid rise in Treasury yields, and the momentary positive correlation between ...