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 ...

“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 ...

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.

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 ...

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 ...

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 ...

1450 ET [Dow Jones]—Treasury yields rise Thursday, while still falling for the shortened Easter week, as Trump threatens to fire Chair Powell and calls for lower interest rates, something the ...

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 ...

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 ...

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 ...