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Treasury Secretary Scott Bessent has formally asked Congress to delete a controversial provision buried in President Donald Trump’s newest budget...
Treasury Department
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The United States Treasury confirmed Wednesday that the federal budget deficit for May hit $316 billion, placing it among the...
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Global equities rose across the board on Friday, with traders brushing off Middle East conflict fears and repositioning out of...
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U.S. national debt has surpassed $37 trillion for the first time in history. The debt has surged as policymakers increased...
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The GENIUS Act, a proposed federal framework to regulate stablecoins in the United States that the Senate passed on Tuesday,...
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US Treasury Secretary Scott Bessent contends that President Donald Trump’s strong backing for cryptocurrencies, particularly stablecoins, will shore up and...
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The US Senate passed the GENIUS Act, a federal bill that puts crypto stablecoins under direct government control, after the...
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The Federal Reserve is expected to maintain interest rates in its meeting this week, amid fears of runaway inflation and...
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The U.S. Treasury Department has now poured $20 billion into a major Treasury buyback operation in the span of two...
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Risk from crypto assets may soon threaten the global financial system, the outgoing Financial Stability Board Chair Klaas Knot warned....
