The banking industry holds around 45 percent of the total T-bill stock, which made up nearly 32 percent of total government debt at the end of 2023/24. The state-owned CBE holds double the amount held ...
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to talk about the handover of power.
Yields on U.S. government debt closed at their highest levels in a week on Friday after a spokeswoman for President Donald Trump confirmed that U.S. tariffs on Canada, Mexico and China will arrive ...
Musk’s allies repeatedly demanded access to sensitive government payment systems, according to the Washington Post.
The news was better when it came to the narrower core readings which the central bank cares most about. The so-called core rate of inflation, which omits food and energy, rose a milder 0.2%, with the ...
A top Treasury career staffer, David A. Lebryk, announced his retirement. Surrogates of Musk’s DOGE effort had sought access to sensitive payment systems.
Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.
The IRS' free online program Direct File is now open for business and accepting tax returns. Here's what to know.
In a recent congressional trade report, it was revealed that Representative Rudy C. Yakym III from Indiana's 2nd congressional district has made a significant purchase of a Treasury Bill. The ...
Yields on U.S. government debt finished slightly higher on Wednesday after the Federal Reserve said inflation remains “somewhat elevated” and left interest rates unchanged.
U.S. Treasury yields were lower on Wednesday as investors awaited the Federal Reserve’s first interest rate decision of 2025.
Scott Bessent was confirmed by the U.S. Senate as President Donald Trump's treasury secretary in a bipartisan vote of 68 to ...