News

Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain
The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget ...
US Treasury says BOJ should continue to tighten policy
The Bank of Japan should continue to proceed with monetary tightening, which would support a "normalization of the yen's ...
Stablecoins' step toward mainstream could shake up parts of US Treasury market
As stablecoins take a step toward becoming mainstream, some segments of the U.S. Treasury market, notably securities with ...
BOJ should continue to tighten policy, US Treasury says
The Bank of Japan should continue to proceed with monetary tightening, which would support a "normalization of the yen's ...
How much does it cost to make a penny? Treasury Department makes final order of the coin
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
Citi’s Burke Nominated for Key US Treasury Job on Sanctions
Jonathan Burke, a Citigroup Inc. managing director, was nominated for one of the top US Treasury Department jobs involved in ...
Treasury's Bessent says US is 'never going to default' as debt limit deadline looms
Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt ...
Treasury Department set to phase out the penny
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...
Analysis-Stablecoins' step toward mainstream could shake up parts of US Treasury market
(Reuters) -As stablecoins take a step toward becoming mainstream, some segments of the U.S. Treasury market, notably ...
DOGE can access sensitive Treasury payment systems, judge rules
The Trump administration’s Department of Government Efficiency can now access sensitive Treasury Department systems that ...
The U.S. Treasury is ending the production of pennies. What to do with the ones you have
A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...