“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 ...

Gary Shapley, who was named only days ago as the acting commissioner of the Internal Revenue Service, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender amid a ...

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 ...

Our weekly data showed surprisingly positive year-over-year growth in housing demand following the first reversal from lower rates this year.

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his knowledge. By Jonathan Swan Andrew Duehren Alan Rappeport and Maggie ...

15:51 ET – Treasury Yields fall for the third consecutive day as Powell says tariffs could make it harder to decide on interest rates. “Fed Chair Powell suggested that patience was the best ...

0847 ET – Treasury yields lose some steam after signs that the U.S. labor market remains strong. Weekly jobless claims fall to 215,000 from an upwardly revised 224,000. Economists surveyed by ...

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 ...

Foreign investors increased their holdings of U.S. Treasury bonds in February, even as official-sector entities like central banks sold down theirs for a fourth straight month, the latest data ...

WASHINGTON, April 18 (Reuters) - U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been appointed acting Internal Revenue Service ...

US Treasury Scott Bessent has a message to powerful public company CEOs: Stop worrying about tariffs, and get back to business. "We're going to have a lot more clarity on the way forward [on ...