Trump Has Added Risk to the Surest Bet in Global Finance
There are not many certainties in the world of money, but this traditionally has been one of them: When life ...
Tag: treasury department
Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted ...
Bond Market is Upended by Trump’s Tariffs
The bedrock of the financial system trembled this week, with government bond yields rising sharply as the chaotic rollout of ...
Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
For the past week, President Trump has been urging calm in the face of the financial chaos that he created ...
U.S. Could Run Out of Cash by July, Analysis Finds
The United States could run out of cash to continue paying its bills by mid-July if Congress does not take ...
Inside Trump’s War on the I.R.S.: Dropped Audits and a Skeleton Staff
Beth Crowell was proud to work for the Internal Revenue Service.She had spent much of her career as an accountant ...
Trump Seeks to Bar Student Loan Relief to Workers Aiding Migrants and Trans Kids
President Trump signed an executive order instructing administration officials to alter a student loan forgiveness program for public servants to ...
What is Trump’s Crypto Reserve Plan?
The crypto market gives and takes: After President Trump’s plan for a national crypto reserve drew backlash from both Republicans ...
Trump to Revoke an Oil License in Venezuela
President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in ...
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus ...
Bessent to Skip G20 Finance Ministers Meeting in South Africa
Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations ...
Which Interest Rate Should You Care About?
Watch out for interest rates.Not the short-term rates controlled by the Federal Reserve. Barring an unforeseen financial crisis, they’re not ...
Live Updates: Trump to Impose Tariffs on All Steel and Aluminum Imports on Monday
More than 40 lawsuits filed in recent days by state attorneys general, unions and nonprofits seek to erect a bulwark ...
What Privatization of Fannie Mae and Freddie Mac Means
Fannie Mae and Freddie Mac, two giant mortgage finance firms, have been controlled by the federal government for nearly 17 ...
Letitia James Wins Ruling To Block Musk’s DOGE
by Daniel Johnson February 8, 2025 Englemayer, stated that anyone who is prohibited from having access to the sensitive data ...
DOGE’s ‘unimpeded’ access to classified data poses national, economic security risks
Senate lawmakers demand answers from the White House about the Department of Government Efficiency (DOGE) team’s access to sensitive government ...
DOGE team seeks access to other agency systems after getting Treasury data
Democratic lawmakers are pushing back against the Treasury Department for giving individuals close to Elon Musk access to its government ...
What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create ...
Warren Questions Bessent Over Musk Access to Treasury Payment System
Senator Elizabeth Warren of Massachusetts sent a letter on Monday to Treasury Secretary Scott Bessent demanding answers for why the ...
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
You can still get your tax refund sent to your checking account, say, and then use the money to buy ...
Welcome to LJ News Opinions, where breaking news stories have captivated us for over 20 years.
Join us in this journey of sharing points of view about the news – read, react, engage, and unleash your opinion!