Latest in Doge Treasury
Sort by
173 items
-
Senate committee advances nomination for Trump Treasury pick
Editor's note: This article was updated to correct Sen. Ron Wyden's (D-Ore.) role on the Senate Finance Committee The Senate Finance Committee voted 16-11 on Tuesday morning to advance the ...The Hill - Jan. 21 -
U.K. Banks Exposed To Motor Finance Rise After Treasury Seeks to Step In
Shares in U.K. banks that have motor-finance operations traded higher after the Treasury signaled its intention to intervene to protect car loan providers in a Supreme Court case.The Wall Street Journal - Jan. 21 -
Vivek Ramaswamy set to depart DOGE
Biotech entrepreneur Vivek Ramaswamy confirmed on Monday he will not serve on President Trump’s “Department of Government Efficiency” (DOGE) commission, leaving Tesla CEO Elon Musk to singularly ...The Hill - Jan. 20 -
DOGE faces immediate lawsuits
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's DOGE slapped with lawsuits on first day in office Within moments of ...The Hill - Jan. 20 -
Ramaswamy leaving DOGE to pursue run for Ohio governor
Before President-elect Donald Trump is sworn into office, NBC News confirms Vivek Ramaswamy is leaving DOGE and intends to announce his candidacy for Ohio governor. The Department of Government ...NBC News - Jan. 20 -
Vivek Ramaswamy expected to depart DOGE
Trump's choice to co-lead the Department of Government Efficiency is expected to announce a gubernatorial campaign after the new administration begins.CBS News - Jan. 19 -
Trump unlikely to impose trade tariffs on UK, says Treasury minister
Darren Jones says Britain should not look at the incoming US president ‘as a risk’Financial Times - Jan. 19 -
US treasury secretary says US will take measures to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic ...NBC News - Jan. 18 -
With or without DOGE, Democrats need a plan for fixing the government
Before Democrats dismiss the DOGE as just more MAGA trollery, it’s fair to ask — where’s their plan for making government more efficient and effective?The Hill - Jan. 17 -
Morning Report — Treasury choice touts Trumponomics
In today’s issue: President-elect Trump won the November election with bold economic promises embraced by an electorate ready to hold him responsible if prices don’t ease, job prospects aren’t ...The Hill - Jan. 17 -
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.NBC News - Jan. 16 -
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...The Hill - Jan. 16 -
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.CBS News - Jan. 16 -
Treasury yields end at lowest levels in weeks on rate-cut possibilities
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.MarketWatch - Jan. 16 -
How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes
Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.Inc. - Jan. 16 -
Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing
Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...The Hill - Jan. 16 -
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.The New York Times - Jan. 16 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Chris Mason: Political heat map flashes red over Treasury
The BBC's political editor explains the headaches the Treasury is giving Sir Keir Starmer.BBC News - Jan. 15 -
Treasury yields finish lower after mild producer-price reading for December
Two- and 10-year Treasury yields declined by the most of any 2025 trading session on Tuesday, after a tamer-than-expected reading from the December producer-price index.MarketWatch - Jan. 14 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - Jan. 13 -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - Jan. 11 -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - Jan. 11 -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
DOGE’s Anti-Regulatory Offensive May Have Merit but Mistakes Its Target
The Elon Musk-led government-slashing initiative seeks to eliminate thousands of costly federal agency regulations, but needs to fix a broken Congress to succeed.Inc. - Jan. 10 -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - Jan. 9 -
Musk: Cutting $2T through DOGE ‘best-case outcome’
Tesla CEO Elon Musk said Wednesday that the best-case scenario would be to make $2 trillion in cuts to federal spending through the "Department of Government Efficiency" (DOGE) he is co-leading. “I ...The Hill - Jan. 9 -
Before Elon Musk and DOGE, there was Jimmy Carter
Jimmy Carter's Inspector General Act of 1978 led to the creation of the Department of Justice's Inspector General, which has since issued reports critical of the FBI's role in the 2016 election, ...The Hill - Jan. 9 -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - Jan. 8 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
DOGE is unconstitutional
Bizarrely, most people seem to be pretending that this is normal.The Hill - Jan. 7