180 stories found
Iran reportedly closed or reimposed control over the Strait of Hormuz, accusing the United States of breaching terms or imposing a blockade. This action led to reports of ships being affected and prompted international reactions, though some reports later indicated the strait returned to its previous state.
China's economy grew by 5% in the first quarter, surpassing forecasts despite regional conflicts. This strong performance indicates a robust start to the year for the nation's economy.
Multiple supertankers reportedly entered the Persian Gulf, challenging US sanctions and claims of a blockade on Iranian ports. This development comes as an advisor to Iran's Supreme Leader threatened to sink US naval vessels in the region.
Treasury Secretary Scott Bessent has stated that the Trump administration expects banks to comply with a directive to collect citizenship information from their customers.
US Treasury Secretary Scott Bessent provided an update on "Trump accounts," stating that over 5 million individuals signed up via Form 4547 by the April 15 tax deadline, with a $1,000 child benefit as an initial offering.
Hungarian opposition figure Peter Magyar announced plans to suspend state television and radio broadcasts, promising to reform public media to ensure press freedom and truth for Hungarians. This pledge comes amidst political discussions involving figures like Donald Trump and Serbian President Vučić regarding Hungarian politics.
US Treasury chief Bessent stated that US economic growth could exceed 3% or 3.5% this year, despite the ongoing conflict involving Iran.
The US Treasury Secretary stated that a 'small bit of economic pain' is a worthwhile cost to ensure long-term security and eliminate the threat of Iranian strikes on Western capitals.
Former President Trump has announced key nominations, including PIMCO executive Erin Browne to lead international affairs at the US Treasury and former Rep. Michelle Park Steel as the US ambassador to South Korea.
The US Treasury Department is preparing to take over millions of defaulted federal student loan accounts, a move previously attempted during the Obama administration.
With US Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell reported to have held urgent talks over Anthropic’s latest artificial intelligence model, experts are warning that…
US Treasury Secretary Scott Bessent and Federal Reserve Chairman Jerome Powell held an emergency meeting this week with bank CEOs to warn them about...
The Italian Embassy in New Delhi is celebrating 'Made in Italy Day' on April 15, coinciding with Leonardo da Vinci’s birthday, to safeguard and promote Italian excellence.
Naftna industrija Srbije (NIS) has submitted an application to the US Treasury Department for a new operating license, as its existing license is set to expire on April 17.
The US Treasury has designated BNY as the financial agent for the Trump Accounts program.
A significant sell-off in US Treasury bonds is mounting, with an expert suggesting that Scott Bessent could help hold off 'bond vigilantes' amidst the market volatility.
The US Treasury Department is scheduled to meet with insurance regulators to discuss the private credit markets.
The U.S. Treasury Department has unveiled a new whistleblower portal designed to combat transnational fraud rings targeting Medicare and Medicaid programs.
The United States has formally resumed operations at its embassy in Caracas, Venezuela, after being closed for seven years, marking a new step in its diplomatic presence and a significant thawing of relations between the two countries, with Secretary of State Marco Rubio hailing progress.
Major oil-producing countries in the Middle East are reportedly selling their holdings of U.S. Treasurys, with a need for liquidity cited as a potential reason for this decision.
The U.S. Treasury Department is reportedly planning to consult with insurance regulators regarding private credit lenders, according to exclusive sources.
The United States has experienced its weakest Treasury auctions in over three years, a development attributed to growing anxiety surrounding the ongoing war with Iran.
Japanese Government Bonds (JGBs) have fallen, mirroring declines observed in U.S. Treasurys.
A recent US Treasury 7-Year auction exhibited weak demand, recording the lowest bid-to-cover ratio since September and the largest tail since 2024, following two other "terrible" coupon auctions earlier in the week.
The US Treasury's OFAC has extended the deadline and granted approval for Hungary's MOL Group to negotiate the acquisition of a majority stake in Serbian oil company NIS until May 22, as Gazprom and Gazprom Neft are required to sell their shares due to US sanctions.
US Treasury Secretary Scott Bessent has defended the strategy of 'escalating to de-escalate' against Iran, stating that obliterating its power plants is the 'only language' the regime understands. Senator Ted Cruz reportedly urged Donald Trump to launch an Iran strike the day before the war.
The US-Israel alliance in the Iran conflict continues to face scrutiny, with a former US counterterror chief discussing Israel's influence and the US Treasury Secretary defending attacks on Iranian infrastructure, stating that escalation is sometimes necessary for de-escalation.
US Treasury Secretary Scott Bessent has reiterated that the United States possesses 'plenty' of funds to finance a potential war with Iran, despite no formal funding request yet from the Trump administration, and promises Americans will not face tax hikes, with reports questioning if the conflict will end soon.
US Treasury Secretary Scott Bessent stated that the US has "plenty" of funds for the Iran war but is seeking more from Congress, while dismissing questions about possible tax increases.
US Treasury Secretary Scott Bessent stated that the Trump administration is "winning this crucial fight at an even faster pace than anticipated" through "Operation Epic Fury," calling Iran the "head of the global terrorism snake."
Chinese FM responds US Treasury Secretary Bessent’s claims that US may lift sanctions on Iranian oil already at sea Global Times
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has extended the operating license for the Serbian Oil Industry (NIS) until April.
But debt doesn’t exist in a vacuum: The Debt-to-GDP and Deficit-to-GDP ratios provide (ugly) context.
The US Treasury Department has eased sanctions, allowing American companies to conduct business with Venezuela's state-owned oil and gas company, with some restrictions, as the Trump administration seeks ways to increase global oil supplies.
Trump-Xi meeting could be delayed, White House says The Straits Times
Couple accused of using their positions at now-defunct Swiss bank MBaer to ‘further payments’ relating to corruption
The International Energy Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start of the US-Israeli war with Iran, with the US contributing the bulk of the supply.
US Treasury Secretary Scott Besed abruptly left a live interview after being informed that Donald Trump wanted to see him 'immediately.' Besed was speaking during a live broadcast when he received the urgent summons.
US Treasury Secretary Scott Bessent firmly rejected the notion that a war with Iran could become economically unfeasible for the United States, stating "absolutely not" when asked about potential financial limits.
A finance expert told the Senate Finance Committee that despite their appearance, U.S. Treasurys remain the best available option for markets, likening them to a 'bad boyfriend' in a Hallmark movie.
The US Treasury has issued a Geographic Targeting Order for 14 counties across California, Texas, New Mexico, and Arizona, requiring money transfer companies to report cash transactions between $1,000 and $10,000 to combat cartel money laundering.
As the Iran-Israel war in the Middle East squeezes global oil supply, the Trump administration hosted Latin American leaders and the US treasury secretary pivoted from a tone of authority to one of partnership - a shift in language.
US Treasury Secretary Scott Bessent said the administration is exploring the possibility of easing sanctions on Russian oil to boost global supply and prevent shortages.
US Treasury Secretary Scott Bessent said the waiver is intended to ensure oil continues flowing into global markets amid the ongoing Iran war.
The US Treasury has stated that the United States is likely to increase its global tariff on imports from the existing 10% sometime this week.
US Treasury chief Scott Bessent stated that Donald Trump is expected to implement a new 15% global tariff this week, following a Supreme Court ruling that invalidated his previous country-specific tariffs.
US Treasury Secretary Scott Bessent announced that President Donald Trump's recently proposed global 15% tariff will be implemented this week, also predicting an increase in US customs revenue.
US Treasury Secretary Bessent says oil market well supplied amid Iran war Reuters
Swiss financial regulators have closed a bank targeted by the US Treasury Department for alleged transactions with illicit actors linked to Russia and Iran.
The U.S. Treasury Department has announced a new licensing policy that will permit the resale of Venezuelan oil to Cuba, aiming to alleviate the island's fuel shortages.
Larry Summers, former US Treasury Secretary and Harvard President, announced his retirement from teaching at the end of the academic year due to controversies surrounding his correspondence with Jeffrey Epstein.
Former US Treasury chief Larry Summers has resigned from his teaching position at Harvard University due to his connections with convicted sex offender Jeffrey Epstein.
The US Treasury Department has announced new guidelines for specific licenses, allowing the resale of Venezuelan-origin oil for use in Cuba.
Former US Treasury Secretary Larry Summers stops teaching at Harvard University after revelations about his connections to Jeffrey Epstein.
US Treasury Gains Fizzle With Key Yield Hovering Near 4% Level Bloomberg.com
An article refutes claims that China is divesting from US Treasuries, dismissing amateur geopolitical strategists' predictions about the end of dollar dominance.
The US Treasury Department has issued guidance to financial services firms on how to securely implement and utilize artificial intelligence technologies.
Japanese Government Bonds (JGBs) edged lower, mirroring declines observed in U.S. Treasurys.
US sanctions against Iran's oil industry have intensified tensions, particularly concerning the Strait of Hormuz, a critical shipping lane. Iran has responded with proposals for safe passage and threats against US vessels if control of the strait is challenged.
An analysis examines the largest foreign holders of US Treasury securities and the implications of the 'basis trade' as foreign demand for US debt continues to grow. The report questions the true 'foreign' nature of some of this demand.
The International Monetary Fund has warned that the US Treasury market is prone to "sudden repricing" due to soaring national debt, which is projected to exceed 142% of GDP by 2031. This warning highlights concerns about financial stability and the overreliance on short-term bills, alongside other global economic concerns.
Former US Treasury secretary Janet Yellen stated there is 'no alternative' to the dollar and urged US-China cooperation for global stability, warning against decoupling.
OpenAI has unveiled its new GPT-5.4-Cyber model, following rival Anthropic's recent debut of its Mythos AI model, intensifying the competition in the artificial intelligence sector. Both companies are also navigating discussions around AI regulation and forming partnerships with trusted entities.
A US Treasury official, Bessent, has accused China of being an "unreliable partner" by hoarding oil during the ongoing Middle East war. This accusation highlights tensions over global energy supplies and international cooperation.
Kevin Warsh, President Trump's nominee for Federal Reserve Chair, has disclosed assets exceeding $190 million ahead of his confirmation hearing. His financial holdings make him potentially one of the wealthiest Fed chair nominees in modern history.
The Internal Revenue Service and the Department of the Treasury have proposed new rules for a 1 percent tax on certain money remittances sent to foreign countries.
The US Treasury Secretary reportedly convened an emergency meeting with financial leaders to discuss potential risks to the financial system posed by Anthropic's new AI model, particularly concerning its possible misuse in cyberattacks.
The US Treasury Secretary has convened a meeting with US bank CEOs to discuss the cyber risks posed by Anthropic's latest AI model, which has identified decades-old vulnerabilities, following an urgent warning from authorities.
During urgent talks in Washington D.C., US Treasury and Federal Reserve Chair officials cautioned Wall Street executives about the cybersecurity risks posed by new AI models. The meeting, known as the Bessent-Powell talks, focused on key takeaways regarding these emerging threats.
A Reuters poll indicates that US Treasury yield forecasts are gradually increasing, yet strategists largely continue to hold a benign view on inflation. This suggests a cautious optimism regarding future economic conditions despite rising yields.
Naftna industrija Srbije (NIS), a Serbian oil company, has submitted an application to the US Treasury Department for a new operating license, as its current license is set to expire on April 17.
The US Treasury Department has lifted sanctions on Russian banker Mikhail Zadornov, which were imposed in 2022 due to his ties to the Russian financial sector, without publicly stating the reasons for the removal.
Foreign central banks have significantly reduced their holdings of US Treasury bonds at the New York Federal Reserve to their lowest level since 2012, reportedly selling these assets to support their economies and currencies amidst the ongoing war with Iran.
United States: US Treasury gives green light to mint a gold coin bearing the image of Donald Trump Seneweb
An analysis suggests that the US Treasury market is facing its next significant challenge from the increasing costs associated with ongoing wars.
An analysis explores the underlying reasons why major oil-producing countries in the Middle East have been divesting their holdings of U.S. Treasurys, indicating shifts in global economic strategies.
A Russian tanker carrying crude oil has arrived in Cuba, marking the first delivery in nearly three months despite a US blockade, with Moscow vowing to provide further supplies. Former President Trump stated he has 'no problem' with the Russian oil tanker bringing relief to Cuba.
The US Treasury Department has formally demanded that the Financial Times retract a report concerning Treasury Secretary Scott Bessent's views on increased oversight of the Federal Reserve, labeling the article as 'manufactured'.
Donald Trump will become the first sitting US president to have his signature featured on American dollar banknotes, a historic change announced by the Treasury Department, with his likeness also potentially appearing on gold coins.
US President Donald Trump has again postponed planned strikes on Iranian energy infrastructure, extending the deadline to April 6 and citing progress in ongoing talks. He also noted Iran's allowance of 10 oil tankers through the Strait of Hormuz as a positive sign, indicating seriousness in negotiations, as Operation Epic Fury continues.
The US Treasury Department has partially lifted sanctions on Belarus's Ministry of Finance and Development Bank, and fully removed Belarusian potash companies from the sanctions list, following the release of political prisoners.
The US Treasury has sanctioned a Canadian company and its owner, Alaa Hamieh, for their alleged ties to a $100-million Hezbollah-financing network, including several Lebanon-based companies.
US Treasury Secretary Scott Bessent says relaxing restrictions on Russian oil may bring limited additional revenue to Moscow due to lower global prices.
The US Treasury chief has defended the relief provided for Russian oil sanctions, asserting that the price cap effectively limits Kremlin gains.
The US Treasury Secretary stated the government has funds for a war with Iran but is requesting an additional $200 billion from Congress for future military equipment, ruling out tax increases.
A US Treasury official, Bessent, has stated that the United States possesses 'plenty' of funds to finance a potential war with Iran.
The US Treasury's Office of Foreign Assets Control has sanctioned 25 individuals and companies, including a Slovenian resale firm, for alleged connections to Lebanon's Hezbollah movement and Russia.
Imre Laszlóczki, the former vice-president of the International Investment Bank, has been removed from the US sanctions list by the US Treasury Department.
U.S. Treasury yields have mostly fallen, a movement attributed to the moderation of global oil prices.
US Treasury Secretary Scott Bessent, a minister in the Trump administration, commented on 'desertion at all levels' within Iran and suggested that an important Iranian island might become US property.
A Treasury official, Bessent, stated that the Treasury Department is not intervening in oil commodities markets and lacks the authority to do so, addressing rumors of government intervention to lower oil prices.
US Treasury yields, including the 10-year and 30-year, have jumped to 4.28% and 4.90% respectively, causing mortgage rates to spike to 6.41% due to fears of inflation and government deficits, following the sale of $651 billion in Treasury securities.
US Treasury Secretary Scott Bessent left a live Sky News interview after being urgently summoned to meet US President Donald Trump at the White House.
Indian source says Iran to allow India-flagged tankers to pass through Strait of Hormuz Daily Mirror - Sri Lanka
US Treasury Secretary Scott Besed stated that no price would make the war with Iran economically unfeasible, in response to a question from Sky News.
The Serbian Oil Industry (NIS) has submitted a new application to the US Treasury Department’s Office of Foreign Assets Control (OFAC) for a special operating license, as its existing license is set to expire on March 20th.
The US Treasury Department is targeting 14 counties across the United States where it suspects drug cartels are laundering cash, indicating a focused effort to combat illicit financial flows.
Congress criticizes the Modi government, calling Prime Minister Modi's actions "cowardly" after the US Treasury Secretary praised India for agreeing to halt Russian oil imports.
The US Treasury may need to borrow an additional $1.6 trillion to cover a deficit caused by a tariff ruling and an extra $400 billion in debt interest payments.
‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments The US treasury issued a 30-day waiver on Thursday allowing India to buy Russian oil currently stuck at sea. “To enable oil to keep flowing into the global market, the treasury department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” treasury secretary Scott Bessent said in a statement posted to social media. Continue reading...
US Treasury Secretary Scott Bessent said Wednesday that a new US global tariff will likely rise to 15 percent from 10 percent "sometime this week," as President Donald Trump's administration is working to replace its emergency tariffs that the Supreme Court recently struck down. Bessent made the remarks in a CNBC interview, as Trump has said his administration will raise the temporary tariff amid efforts to maintain his trade policy following last month's court ruling against his use of the Inte
US Treasury Secretary Bessent indicated on the 4th that the 10% tariff measure currently applied to a wide range of countries, including Japan, could be raised to 15% as early as this week.
Scott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%.
Scott Bessent, tasked by Trump to sever trade ties with Spain, stated that Spain 'acted terribly' and was 'taking advantage' within the NATO framework, putting American lives at risk.
The moves deal a major blow to Anthropic following a standoff in contract talks with the Pentagon over technology guardrails, and whether the government or industry decides how AI is deployed
The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF has announced a monthly distribution of $0.1358 to its shareholders.
Venezuela's oil export revenues will no longer be routed through a Qatar fund but will instead be deposited directly into accounts managed by the US Treasury Department.
The US Treasury Department has reportedly threatened to cut off Swiss bank MBaer from the American financial system due to accusations of money laundering for actors from Iran, Russia, and Venezuela.
A market has emerged for companies to sell claims on tariff refunds, anticipating a Supreme Court decision that struck down many of President Trump's tariffs.
The Avalanche blockchain has introduced its own Decentralized Autonomous Treasury (DAT) with an ambitious goal of establishing a $1 billion treasury.
Former US Treasury Secretary Larry Summers plans to resign from his professorship at Harvard University at the end of the academic year, following his involvement in the Jeffrey Epstein case.
The former US Treasury Secretary has resigned from his position at Harvard following connections to Jeffrey Epstein.
The leader of the Jalisco New Generation Cartel was killed in Tapalpa, an ecotourism hotspot near a reservoir, a golf club, and surrounded by hotels
Sources indicate that the US Treasury Secretary initiated a yen-dollar rate check in January, signaling attention to currency movements.
Mohamed El-Erian has raised concerns as China's share of US Treasury holdings has fallen to a 15-year low of 7%.
Former Treasury Secretary Henry Paulson has issued a warning about a potential shock to the U.S. Treasury market, urging the need for an emergency "break-the-glass" plan. He highlighted concerns about a possible collapse in demand for Treasury bonds.
China modestly reduced its holdings of US Treasury bonds in February, a move described by experts as part of its reserve diversification strategy.
Foreign investors increased their holdings of US Treasury securities to record highs in February, indicating strong international demand for US debt.
The U.S. Treasury has announced a new round of sanctions against individuals, organizations, and ships linked to Iran. This decision comes amid the escalation of the conflict in the Middle East, targeting three individuals, nine vessels, and 17 entities.
The U.S. Treasury Department has reportedly requested data from private credit firms. This move was reported by Punchbowl News.
The US Treasury Department has sanctioned two casinos and three individuals for alleged links to Mexico's Northeast Cartel. This action comes as the US also announced it would not extend a temporary license for Iranian oil sales and warned several countries about sanctions.
The US Treasury announced the resumption of sanctions on Iranian oil, vowing "maximum pressure" on Tehran and warning financial institutions in China, Hong Kong, UAE, and Oman of secondary sanctions risks.
US Treasury Secretary Scott Besed stated that China has been an unreliable global partner during the Middle East war, accusing it of hoarding oil and restricting supplies. This comes amid ongoing geopolitical tensions.
Gold has reportedly surpassed US Treasury bonds as the largest reserve asset for the first time since the mid-1990s, indicating a potential global shift away from the US dollar.
US Treasury Secretary and Federal Reserve Chair held an urgent meeting with top bank CEOs to caution them about cybersecurity concerns posed by Anthropic's new AI model, which can identify software vulnerabilities.
The Cyprus Finance Ministry's public debt management office has announced that treasury bills under issue TB13A26 will mature on April 24, 2026, with the last trading day set for April 20, 2026.
The US Treasury Secretary requested an urgent meeting with the leaders of the largest banks, they are concerned about the AI software of the blacklisted company
The US Treasury's $22 billion 30-year bond auction concluded with a 'medicore' performance, marking the first 'tail' since November. This follows a solid 3-year auction and a tepid 10-year auction earlier in the week.
US Treasury yields remained stable as investors awaited the release of crucial economic data, particularly concerning inflation, which could influence market direction.
The United States has lifted sanctions on Delcy Rodríguez, Venezuela’s acting leader, allowing her to conduct business with U.S. companies and potentially meet with President Trump, with the US Treasury Department confirming the removal of previously imposed restrictions.
The U.S. Treasury Department has concluded that Vietnam's currency was undervalued in 2019, an assessment made during a probe into tire imports.
US Treasury yields increased as oil prices pulled back from multiyear highs, influencing broader financial markets.
Foreign central banks, particularly those from oil-importing nations, have significantly reduced their holdings of US Treasury bonds at the New York Federal Reserve, driven by increased payments for dollar-denominated oil.
The Cyprus Treasury has published details of state grants and discretionary payments for 2025, fulfilling its transparency and accountability obligations under public finance legislation.
The US Treasury Department plans to consult with insurance regulators regarding the rising risks associated with private credit lenders, according to recent reports.
The US Treasury Department has announced the issuance of new general licenses related to Venezuela, specifically concerning critical minerals.
US President Donald Trump has extended the pause on military strikes against Iran's energy infrastructure until April 6, citing positive negotiation progress. This decision, amid renewed Mideast tensions, has caused global markets to react, with oil prices falling and Seoul and Tokyo stocks opening sharply lower.
Famed economists are reportedly declaring the United States insolvent, labeling the situation a 'fiscal catastrophe' based on recent declarations from the US Treasury.
A recent US Treasury 5-year paper auction performed poorly, recording the worst bid-to-cover ratio in four years and the highest tail since 2024, with dealers stepping in to cover.
Economic journalist Miša Brkić has elaborated on a new scenario for the sale of Serbia's NIS (Oil Industry of Serbia), confirming information that certain circles within the US Treasury are inquiring among Serbian businessmen about potential involvement.
Iran's Parliament spokesperson warned that US treasury bonds are 'stained with Iranian blood' and threatened military consequences for any entities investing in the purchase of US public debt.
The U.S. Department of the Treasury and the Department of Education have announced a joint partnership aimed at enhancing the collection of student loan debt.
US Treasury Secretary Scott Bessent has reiterated that the United States possesses ample funds to finance the Iran war, even as a $200 billion additional funding request faces stiff opposition in Congress.
US 2-year and 3-year Treasury yields have spiked, causing the yield curve to uninvert, as inflation fears push to the forefront and the government sold $606 billion in Treasury securities.
The U.S. Office of Foreign Assets Control (OFAC) has temporarily permitted the purchase, sale, delivery, and unloading of Iranian oil loaded before March 20, with the Trump administration easing sanctions on certain Iranian oil stockpiles.
Japan's substantial holdings of US Treasury bonds are analyzed for the potential benefits and inherent risks they pose to the nation's financial stability.
US Treasury Secretary Scott Bessent stated that the US may soon remove sanctions on Iranian oil stranded on tankers, an action he believes will increase oil supply and lower prices, though long-term effects remain uncertain.
US Treasury Secretary Scott Bessent said Thursday that Washington might "unsanction" Iranian oil that is already being shipped, as energy prices soar due to the war in the Middle East. The post…
Trump may need to delay the trip to China due to coordinating the war effort in Iran, says US Treasury Secretary Scott Bessent.
The US Treasury Department has designated four alleged sham charities, accusing them of funneling funds to Hamas' military wing under counterterrorism sanctions authority.
The Trump administration is reportedly set to receive a $10 billion fee for brokering a deal involving the social media platform TikTok, according to the Wall Street Journal. This payment from TikTok's US investors to the US Treasury is a condition for the app to continue operating in the country.
The US Treasury Department announced Thursday a 30-day waiver on Russian oil sanctions.
A US Treasury official is scheduled to meet with the Chinese vice-premier in France, ahead of an anticipated summit between Trump and Xi.
Exchanges are voicing opposition to a potential intervention by the US Treasury in the oil futures market.
The Finance Ministry has announced the upcoming maturity of the 13-week Treasury Bills, 12th issue of 2025, confirming that the securities will soon cease trading on the regulated market. The announcement concerns Treasury Bills with the code TB13L25, issued for the period from December 19, 2025 to March 20, 2026. The securities are classified as […]
US Treasury yields increased as investors awaited the release of February's inflation report and continued to monitor developments related to the US-Iran conflict.
The Congolese foreign minister has welcomed US Treasury sanctions on the Rwandan army, calling for the withdrawal of Rwandan troops from the East of the Democratic Republic of Congo.
India received temporary relief in energy supply on Friday after US Treasury Secretary Scott Besent announced a 30-day exemption allowing Indian refineries to purchase...
VIEW US Treasury could unveil measures on oil futures market as energy prices rise Reuters
US Treasury Secretary Scott Bessent indicated that President Trump's plan to raise universal tariffs to 15% could be implemented this week, with authorities aiming to reinstate previous tariffs within five months.
US Treasury Secretary Scott Bessent said that President Donald Trump’s plan to increase a broad 10 per cent tariff rate to 15 per cent is likely to be implemented this week. “That’s likely sometime this week,” Bessent said on Wednesday on CNBC in response to a question about when the increase to 15 per cent would be made. Bessent’s comments offer the clearest indication yet regarding when the US will follow through on Trump’s pledge to raise tariffs. The president last month imposed a 10 per...
The US Treasury chief has stated that a 15% global tariff is likely to be implemented this week.
The US Treasury Secretary anticipates that American tariffs will return to levels seen before a recent Supreme Court ruling, with changes expected to take effect this week.
Following President Trump's directive, the US Treasury Department and the Federal Housing Finance Agency have ceased using Anthropic's AI technology.
The US Treasury is reportedly seeking to restrict a Swiss bank's access to the US financial system, though specific reasons or the bank's identity are not detailed in the provided headline.
Gold steady as drop in US Treasury yields offsets firm dollar Reuters
Non-competitive bids for U.S. 7-year notes and 8-week bills are reported, while the U.S. commercial paper market shows growth, according to the Fed.
Summers, who also resigned from the OpenAI board, will remain on leave until the end of the academic year.
Larry Summers, former US Treasury Secretary and top economic advisor to Barack Obama, announced his difficult decision to retire from Harvard University at the end of the academic year, following the revelation of his connections to Jeffrey Epstein.
A recent US Treasury auction for 5-year notes was described as lackluster, exhibiting a significant 'tail' and a decline in the bid-to-cover ratio, indicating weaker investor demand.
A US Treasury official stated that the US tariff rate is expected to reach 15% or higher for certain nations, indicating potential shifts in trade policy.
A U.S. Treasury official visited Abuja as the Nigerian federal government and sources reportedly disagreed over ransom payments, suggesting ongoing discussions or tensions regarding financial transactions related to security issues.
The US Treasury's debt-to-GDP ratio climbed to 122% in the fourth quarter, reaching its highest point since the Covid-19 pandemic spike, as the national debt grew faster than current-dollar GDP.
IMF data suggests that stablecoins are not true dollar alternatives but rather operate as dollar-backed instruments, often wrapped with US Treasury assets.