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.

Mr Bessent’s deputy, Michael Faulkender, will be the new acting leader, replacing Mr Gary Shapley, the Treasury Department confirmed on April 18. Mr Faulkender will be the third acting leader of ...

We think there are four key factors that have contributed to the US Treasury sell-off in April. The first reason is volatility in the equity markets. The volatility in the equity markets has led ...

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 -- The acting commissioner of the IRS is being replaced after Treasury Secretary Scott ... collection agency reports to Bessent. Musk's Department of Government Efficiency pushed ...

But Treasury yields rose as well, especially longer-term yields. Normally, we would expect Treasury yields to decline in the face of uncertainty and equity volatility. The April 9 tariff pause ...

the latest data from the Treasury Department shows. Total foreign ownership of Treasurys increased to $8.8 trillion, up from $8.5 trillion in January. While private investors increased their ...

Rising volatility and dollar weakness raise fears of a financial realignment, away from U.S. shores ...

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 ...

U.S. Treasury Secretary Scott Bessent in an interview with Yahoo Finance on Tuesday dismissed concerns over China weaponizing its Treasuries despite bond market volatility and added there was no risk ...