U.S. Department of the Treasury

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Dollar’s sizzling rally cools as Bessent nominated for Treasury
Finance

Dollar’s sizzling rally cools as Bessent nominated for Treasury

By Matthew Burgess, Michael G. Wilson and Bloomberg
November 24, 2024
Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street
Finance

Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street

By
November 23, 2024
US Treasury pick Bessent ‘is a fiscal hawk’: Wall Street reacts
Finance

US Treasury pick Bessent ‘is a fiscal hawk’: Wall Street reacts

By Liz Capo McCormick, Ye Xie and Bloomberg
November 23, 2024
FILE - Rep. Lori Chavez-DeRemer, R-Ore., accompanied by Majority Whip Rep. Tom Emmer, R-Minn., left, and House Majority Leader Rep. Steve Scalise, R-La., right, speaks at a news conference on Capitol Hill in Washington, Jan. 25, 2023.
Politics

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

By Fatima Hussein, Chris Rugaber and The Associated Press
November 23, 2024
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024.
Politics

Trump team prepares to announce Scott Bessent as Treasury pick

By Saleha Mohsin, Nancy Cook, Annmarie Hordern, Joshua Green and Bloomberg
November 22, 2024
Trump is thinking about former Fed governor Kevin Warsh to be his Treasury secretary—and to replace Jerome Powell 
Politics

Trump is thinking about former Fed governor Kevin Warsh to be his Treasury secretary—and to replace Jerome Powell 

By
November 22, 2024
Treasury Department may soon be able to strip tax-exempt status from nonprofits it claims support terrorism, worrying civil liberties groups
Politics

Treasury Department may soon be able to strip tax-exempt status from nonprofits it claims support terrorism, worrying civil liberties groups

By Thalia Beaty, Farnoush Amiri and The Associated Press
November 22, 2024
Elon Musk’s endorsement of a Treasury secretary candidate has reportedly rubbed Trump’s people the wrong way
Politics

Elon Musk’s endorsement of a Treasury secretary candidate has reportedly rubbed Trump’s people the wrong way

By
November 18, 2024
Scott Bessent
Finance

Wall Street may now have to take Trump literally as the battle for Treasury secretary focuses on a centerpiece campaign pledge

By
November 17, 2024
Musk backs Howard Lutnick as Treasury secretary and calls Scott Bessent ‘business-as-usual choice’
Politics

Musk backs Howard Lutnick as Treasury secretary and calls Scott Bessent ‘business-as-usual choice’

By Will Weissert and The Associated Press
November 16, 2024
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024.
Finance

Fed Chair Jerome Powell — no need to hurry on another interest rate cut

By Christopher Rugaber and The Associated Press
November 14, 2024
Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary
Politics

Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary

By
November 13, 2024
John Paulson
Leadership

Billionaire investor John Paulson shies away from Trump’s Treasury due to ‘complex financial obligations’

By
November 12, 2024
Warren Buffett purses his lips and lifts his right arm as he speaks on stage with other philanthropists and businesspeople on stage in the background.
Finance

Warren Buffett is fearful—or just waiting. Why the Oracle of Omaha is sitting on his cash hoard

By
November 12, 2024
Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon
Finance

Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon

By
November 4, 2024

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