Trump's US Treasury pick says question of debt limit repeal is 'nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump treasury pick: Extending Trump tax cuts 'single most important economic issue'
TRUMP TELLS EU TO BUY MORE AMERICAN-MADE OIL AND GAS OR FACE 'TARIFFS ALL THE WAY' Trump’s economic plan includes extending the 2017 tax cuts and imposing tariffs ranging from 1
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
Scott Bessent defended tariffs and argued for tax-cut extensions during his confirmation hearing as President-elect Donald Trump’s pick for Treasury secretary in the Senate Finance Committee. No Democrats committed to support him on Thursday,
US Treasury Department imposes sanctions on Chinese company over Salt Typhoon hack
WASHINGTON (Reuters) -The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kecheng and ...
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
More alleged Chinese intrusions into the US Treasury revealed
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...
Biden administration punishes key players in major Chinese hacks of US government
The Biden administration on Friday made one final push to expose what officials say is a rampant Chinese cyber-espionage ...
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
US Sanctions Chinese Entities for Telecoms, Treasury Hacks
The Biden administration on Friday announced sanctions on two Chinese entities accused of cyberattacks, including a firm it ...
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
Chinese hackers accessed Yellen's computer in US Treasury breach, Bloomberg News reports
The computers of two of Yellen's lieutenants, Deputy Secretary Wally Adeyemo and Acting Under Secretary Brad Smith, were also ...
Job of homeland security secretary is to adapt almost continuously to pressures from the department, the public and the world at large
The Department of Homeland Security’s massive bureaucracy has many critical national security functions and spends billions ...
Killing A Tax Shelter: Treasury Publishes Final Regulations For 831(b) Microcaptive Transactions
Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...