Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
(Reuters) - 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’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.
Trump's incoming Treasury secretary summarized the administration's perspective perfectly: Yes to tax breaks for the wealthy, ...
The U.S. government has clawed back more than $31 million in Social Security payments that improperly went to dead people.
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...
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The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
Donald Trump's nominee for Treasury chief defended potential tax cuts and tariffs Thursday, telling lawmakers at his ...
Demand for global equity funds declined sharply in the week through Jan. 15, as U.S. Treasury yields rose and expectations ...
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that ...
The Department of Homeland Security’s massive bureaucracy has many critical national security functions and spends billions ...
WASHINGTON - Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for ...
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