The White House in a statement to American Banker said that "no final decisions have been made" about the fate of the programs. "The Treasury Department is considering a number of measures to increase ...

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...

Chinese electric vehicle maker BYD now leads Tesla as the world’s biggest maker of EVs by sales, reporting revenue of over ...

The Trump administration has escalated its ongoing battle with Harvard, threatening to block the university from enrolling ...

And now the White House is choosing to ... ‘Beginning May 5, the department will begin involuntary collection through the Treasury Department’s offset program, which withholds payments from ...

Now 80, Durbin was first elected to the U.S. House in 1982 and served seven terms before succeeding his mentor, Paul Simon, in the Senate in 1996. He helped shape the career of an up-and-comer ...

U.S. markets opened with big gains and clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent ...

Treasury Secretary Scott Bessent is attempting to pull Donald Trump back from the proverbial cliff by presenting his own interpretation of the president’s “America First” economic policies.

A diagram shows two agencies linked to the White House and created by law ... in the name of reducing fraud and abuse. At the Treasury Department, two DOGE staffers worked with the technology ...

The Justice Department set a condition for prosecutors on New York City Mayor Eric Adams’s case wishing to return to work. It ...