News

Student Loan Payment Change: What It Means for Borrowers' Credit Scores
After a nearly three-year freeze on mandatory payments, the U.S. Department of Education is phasing out its lenient approach ...
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US Treasury chief says IMF, World Bank must be 'fit for purpose'
The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent ...
US Treasury's Bessent urges IMF, World Bank to refocus on core missions
U.S. Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to refocus on ...
'Unsustainable': US treasury sec calls Chinese export-driven model harmful
US Treasury Secretary Scott Bessent criticized China's export-driven economic model as unsustainable, harming both China and ...
Watch live: Bessent gives remarks on global market under shadow of Trump tariffs
Treasury Secretary Scott Bessent will give remarks Wednesday morning on the global economy as part of the International ...
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At IRS, leadership churn and a worker exodus roil agency
Meanwhile, the IRS, like other federal agencies, is hemorrhaging employees over cuts spearheaded by the Department of Government Efficiency, all while the agency churns through acting leaders as it ...
Bessent tells investors Trump tax cuts could be passed by July 4
Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...
U.S. Treasury to Offer More Clarity on Foreign Buying Today
The prices of longer-dated government debt have fallen since President Donald Trump’s so-called reciprocal tariff ...
Government Watchdog Drops Inquiries Into Mass Firings of Probationary Workers
Experts in federal employment law said the Trump administration’s justifications to end the investigations were baffling at ...