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Fed, Treasury
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott Bessent told said. Instead, the focus of the White House is on lowering Treasury yields as a way to ease borrowing costs.
DOGE Treasury Agent Reportedly Resigns
DOGE Treasury Agent Reportedly Resigns After Racist Posts: Here’s What To Know About Musk’s Agency
DOGE has gained access to government employees' sensitive information via the Office of Personnel Management, payment systems at the Treasury Department and Centers for Medicaid and Medicare this week.
Musk’s 25-year-old DOGE staffer resigns after racist posts emerge: report
Marko Elez is the 25-year-old DOGE staffer who reportedly had access to the U.S. Treasury’s most sensitive payment systems. But a Wall Street Journal reporter linked Elez to a now-deleted social media account full of racist and hateful statements,
DOGE staffer who accessed Treasury Department payment systems resigns after racist posts exposed
An Elon Musk deputy who accessed sensitive Treasury Department payment systems has resigned after social media posts of his came to light that espoused racist beliefs. Marko Elez, 25, who worked for a number of companies run by Elon Musk and was part of the billionaire’s Department of Government Efficiency (DOGE) task force engaged
16h
on MSN
Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting ...
14h
Treasury Sought to Freeze Foreign Aid Payments, Emails Show
Trump administration appointees and allies of Elon Musk wanted to use the Treasury’s sensitive payment system to block ...
18h
on MSN
Trump administration agrees to restrict DOGE access to Treasury's payment systems
Attorneys for the Justice Department have agreed to temporarily restrict staffers associated with Elon Musk’s Department of ...
8h
on MSN
Elon Musk willing to put U.S. Treasury on blockchain, despite multiple challenges
Musk has, without evidence, raised concern about fraudulent government payments and believes blockchain might be a solution.
18h
US Treasury Temporarily Agrees to Limit DOGE Access Amid Privacy Lawsuit
In their Monday lawsuit in Washington, D.C., federal court, the employee unions and retirees said Treasury had violated ...
1d
Elon Musk's access to Treasury's payment system is raising alarms. Here's what to know.
Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the ...
1d
on MSN
DOJ agrees to proposed order to limit DOGE's access to Treasury data
The DOJ agreed to a proposed order that would largely block the Treasury Department from sharing sensitive financial data ...
2d
US Treasury says Musk and DOGE Have Read-Only Access to Payments System
The Treasury Department has defended DOGE's access to its payment system, explaining they only have "read-only access." ...
15h
on MSN
Judge Approves Limits on Sharing Treasury Data After Musk Allies Move In
Restrictions will remain in place for now while labor unions pursue a lawsuit over access to payments information.
6h
Maddow Blog | Judge drops hammer on the Trump-Musk Treasury takeover gambit
Rachel Maddow looks at the outraged reaction to Elon Musk gaining access to the Treasury Department's system for making ...
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Elon Musk
DOGE
Trump
Scott Bessent
United States Agency for International Development
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