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Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate ...
Michael Faulkender, the second-highest official at the U.S. Treasury Department, is leaving the administration, the Wall Street Journal reported on Friday, citing people familiar with the matter.
U.S. stocks are ticking higher ahead of a highly anticipated speech about where interest rates may be heading.
Treasury Secretary Scott Bessent says that tariff revenue is likely to exceed $300 billion this year, adds that the funds ...
The rules for safe harboring clean energy tax credits are “not as bad as rumored” but uncertainty remains on qualification ...
The Trump administration announced sanctions against four Costa Rican drug traffickers and two business entities as part of ...
As deputy Treasury secretary, Faulkender ran the department’s day-to-day operations and did a stint as acting commissioner of ...
US President Donald Trump is deploying three warships off the coast of Venezuela as part of efforts to curb drug trafficking, ...
US Treasury imposed sanctions on Greek shipbroker Antonis Margaritis and two Chinese oil terminal operators for facilitating Iranian exports.
In February, Trump instructed the Treasury Department to stop minting the low-value coins. “For far too long the United States has minted pennies which literally cost us more than 2 cents.
What to know about Trump's Treasury secretary pick. If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
The United States Department of the Treasury, which the Secretary oversees, performs many important functions, including paying the nation's bills, printing money, and collecting taxes.