News

US budget deficit grows to $1.3 trillion, the second highest six-month level on record
The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department ...
US Treasury seeks dealer guidance on 20-year bond auction schedule, stablecoins
The U.S. Treasury said on Friday it is seeking guidance from primary dealers on stablecoins as well as potential changes to ...
US Treasury Holds Closed-Door Tariff Talks With Asean Officials
A US Department of the Treasury representative met with senior Southeast Asian officials in Kuala Lumpur to apprise them of ...
The Treasury Department says IRS Direct File is a failed program. Its creators are worried DOGE is going to kill it.
IRS Direct File is the nation's first free tax filing system. A Treasury Department official told BI it was a failed program ...
Why US Treasuries Sell-Off Is Nightmare Scenario for the Economy
A "fire sale" of U.S. Treasuries has added to fears that President Trump's tariffs could dethrone the perennial safe-haven asset.
Ex-Treasury secretary: US being treated as ‘problematic emerging market’
Former Treasury Secretary Larry Summers said Wednesday that the U.S. is being treated as a “problematic emerging market.” ...
Treasury Department hits Iran with new sanctions targeting its nuclear program ahead of Oman talks
The U.S Treasury Department has issued new sanctions targeting Iran’s nuclear program, just days before senior officials are ...
IRS and DHS reach historic deal to aid in pursuit of illegal immigrants subject to deportation
The Department of Homeland Security and Internal Revenue Service will collaborate to target criminal illegal immigrants ...
Treasury Department publishes ‘first-of-its-kind’ investigation into fentanyl finance
The Treasury Department published a “first-of-its-kind” investigation into the financial angle of the proliferation of ...