Trump’s Justice Department ends Biden-era task force aimed at seizing assets of Russian oligarchs
Attorney General Pam Bondi’s leadership signals a different approach toward Russia and national security issues.
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DOGE staffer resigns after racist social media posts resurface
Marko Elez, a software engineer working on Elon Musk’s government cost-cutting initiative, resigned after past racist social ...
Trump admin sanctions ‘front company’ selling oil to China to allegedly fund Iranian military and terrorist groups
The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
Marketplace7h
Trump wants lower yields on 10-year bonds. Can he make that happen?
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...
Analysis-US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening ...
Trump administration agrees to restrict DOGE access to Treasury Department payment systems
The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...
Trump Administration Live Updates: Nearly All Jobs Are Said to Be Cut at Aid Agency
Officials for the agency were notified of the planned cuts on the same day they learned that about 800 awards and contracts ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
5 questions about DOGE’s access to federal payment systems
Questions are swirling about how much access Elon Musk and his Department of Government Efficiency (DOGE) has to Americans’ ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...