Latest in Presses Treasury
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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 -
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 -
Hirono presses Burgum on climate change and fossil fuels exacerbating global conflicts
Sen. Mazie Hirono, D-Hawaii, questioned Doug Burgum about the use of fossil fuels contributing to climate change and the potential to "exacerbate" conflicts around the world during his confirmation ...NBC News - 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 -
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Dive boat survivors say they were pressed to sign statements they couldn't read
The group say their official witness statements were translated into Arabic by a boat company employee.BBC News - Jan. 15 -
White House holds press briefing
Watch live coverage as White House Press Secretary Karine Jean-Pierre holds a press briefing.NBC News - 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 -
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 -
Biden takes unexpected, impromptu questions from press in final days
President Biden opted Friday to voluntarily take a host of questions from the press after delivering remarks on the day’s job report, a speech that had been put on the White House schedule last ...The Hill - 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 -
FEMA administrator briefs White House press on California wildfires
FEMA Administrator Deanne Criswell provided an update during the White House press briefing on federal relief efforts for those affected by the Southern California wildfires.CBS News - 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 -
UK presses ahead with gene editing plans despite EU warnings
Environment secretary tells FT that moves to adopt technology are ‘the right thing to do’Financial Times - 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 -
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 -
U.S. Presses for Release of Americans Held in Afghanistan
The White House has discussed a possible swap with the Taliban for a prisoner at Guantánamo Bay, according to people familiar with the matter.The New York Times - Jan. 7 -
5 takeaways from Trump’s Mar-a-Lago press conference
President-elect Trump faced the media at his Mar-a-Lago resort in Florida on Tuesday, the day after Congress had certified his victory in November’s election. The press conference came 13 days ...The Hill - Jan. 7 -
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 -
Fact-Checking Trump’s Press Conference at Mar-a-Lago
The president-elect made inaccurate claims about his predecessor’s energy policies and repeated familiar falsehoods on a number of topics.The New York 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 -
12:30 Report — Trump presses idea of taking over Greenland
{beacon} 12:30 REPORT It’s Tuesday. Washington, D.C., just looks so magical from the snow. Another winter storm is possible this weekend, but that’s still up in the air (ha, get it?). Here’s what’s ...The Hill - Jan. 7 -
Stocks appear ‘rate sensitive once again’ as bond yields press higher
Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.MarketWatch - Jan. 6 -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - Jan. 6 -
Ukraine presses attacks in Russia's Kursk region
Zelenskyy says he will urge allies to boost his country's air defenses this weekABC News - Jan. 5 -
Brennan presses Homan on Trump administration's deportation plans
CBS News’s Margaret Brennan pressed President-elect Trump’s new border czar Tom Homan on the next administration’s mass deportation plans. Homan joined Brennan on “Face the Nation” on Sunday, where ...The Hill - Jan. 5 -
Meet the Press – January 5, 2025
Sen. John Thune (R-S.D.), Sen. Chuck Schumer (D-N.Y.), Sen. Adam Schiff (D-Calif.), Carol Lee, Jonathan Martin, Symone Sanders Townsend and Marc ShortNBC News - Jan. 5