Bessent Faces Credibility Test in Quest to Tame Markets
When auditioning to be President Trump’s Treasury secretary, Scott Bessent accused Democrats of constructing a centrally planned economy. He argued ...
Tag: treasury department
Treasury Scales Back Scrutiny of U.S. Shell Companies
The Trump administration is moving forward with a plan to scale back scrutiny of the shadowy shell companies that criminals ...
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen
The U.S. Treasury Department’s official reason for intervening in the Japanese yen last week was to prop up a major ...
Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
Treasury Secretary Scott Bessent downplayed the impact of inflation on lower-income Americans, declaring this week that the “K-shaped” economy — ...
The Bond Market Is Signaling Rising Risks. Investors Should Listen.
The Federal Reserve held interest rates steady in its latest meeting. But another important power in the financial world raised ...
Here’s Why the US Is Helping Prop Up the Japanese Yen
When the Japanese yen recently hit its weakest level against the U.S. dollar in about 40 years, it wasn’t just ...
U.S. and Japan Coordinated to Help Stabilize the Yen
The United States and Japan coordinated to intervene in the currency markets to stabilize the weakening yen last week, a ...
With a Proposed $250 Bill, Trump Reimagines America by Putting Himself on Its Money
First he ordered up a commemorative coin bearing his face. Then he added his signature to the nation’s money. Now, ...
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!