CBO: US Treasury spends $3 billion daily on national debt interest
The government’s near-$40 trillion national debt is now costing the Treasury more than $3 billion a day in service payments, ...
Tag: scott bessent
U.S. companies got $100 billion in tariff refunds, but Americans are still looking for their cut
Most of the available pool of tariff revenue has been disbursed back to U.S. companies, but American consumers are still ...
Trump has turned the dollar into a foreign policy tool, a move economists say could backfire
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it ...
Bessent Walked Into Warren’s Hearing Not Knowing He Was About to Help Her Build the Case That Trump Should Be Investigated
During a Senate Finance Committee hearing on June 3, Democratic Sen. Elizabeth Warren walked Treasury Secretary Scott Bessent straight into ...
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