Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
The New York Times11d
Senate Confirms Scott Bessent as Treasury Secretary
Before leaving office, Treasury Secretary Janet L. Yellen alerted Congress that the Treasury Department would need to deploy “extraordinary measures” on Jan. 21 to prevent the United States ...
The US debt limit may be an unsung bull catalyst for stocks in the early months of 2025
The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...
The Washington Post11d
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
Treasury Secretary Janet Yellen warned congressional leaders that Treasury would start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from ...
The Associated Press on MSN20d
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking ...
Time10d
Senate Confirms Scott Bessent as Trump’s Treasury Secretary
Treasury Secretary Janet Yellen warned congressional leaders that Treasury would start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from ...
Voice of America10d
Scott Bessent wins Senate confirmation as US Treasury secretary
As the 79th Treasury secretary, Bessent will have sway ... Even before he was sworn in, the Treasury Department was using "extraordinary measures" to avoid breaching the cap and triggering a ...