News

US dollar is latest to feel impact of Trump tariff moves
A broad trade-weighted measure of the dollar fell Friday to its lowest level since April 2022. The greenback is now down 10% ...
US budget deficit grows to $1.3 trillion, the second highest six-month level on record
The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department ...
US Treasury seeks dealer guidance on 20-year bond auction schedule, stablecoins
The U.S. Treasury said on Friday it is seeking guidance from primary dealers on stablecoins as well as potential changes to ...
Why did Trump pause the tariffs? The bond market rebelled — here's what that means.
President Trump had brushed off the stock market's plunge, but turmoil in the bond market got his administration's attention.
US Treasury Holds Closed-Door Tariff Talks With Asean Officials
A US Department of the Treasury representative met with senior Southeast Asian officials in Kuala Lumpur to apprise them of ...
US March deficit falls to $161 billion, customs revenue grows but still small
The U.S. government posted a $161 billion budget deficit for March, down 32%, or $76 billion, from a year earlier, a decline ...
Ex-Treasury secretary: US being treated as ‘problematic emerging market’
Former Treasury Secretary Larry Summers said Wednesday that the U.S. is being treated as a “problematic emerging market.” ...
Treasury Department hits Iran with new sanctions targeting its nuclear program ahead of Oman talks
The U.S Treasury Department on Wednesday issued new sanctions targeting Iran's nuclear program, just days before senior American and Iranian officials are expected to hold talks in the Middle East ...
Bessent says US Treasury to take stronger role in bank regulation, easing undue burdens
U.S. Treasury Secretary Scott Bessent said on Wednesday his department will play a greater role in banking regulation to ...