Latest in Rewire Treasury
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It is time to rewire ‘Treasury brain’
The chancellor’s Spring Statement is a chance to get away from the UK obsession with fiscal tightening that kills growthFinancial Times - 18h -
It is time to rewire ‘Treasury brain’
The chancellor’s Spring Statement is a chance to get away from the UK obsession with fiscal tightening that kills growthFinancial Times - 18h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - Mar. 7 -
Treasury yields rise as expectations for more inflation increase
U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.CNBC - 1d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - Mar. 7 -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 3d -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - 5d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 4d -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 2d -
The great software rewiring: AI isn’t just eating everything; it is everything
Gen AI is not just another technology layer; it has the potential to eat the entire software industry from the inside-out.VentureBeat - 6d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - 3d -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - 2d -
Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.CNBC - 2d -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - 2d -
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this monthABC News - 1d -
Treasury value for money unit targets asylum housing costs
Rachel Reeves set up the Office for Value for Money (OVfM) in October to "root out waste and inefficiency".BBC News - 3d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 2d -
IRS to pause modernization efforts under Trump
The Internal Revenue Service (IRS) is pausing the operational overhaul it started during the Biden administration and is set to make changes to its workforce, senior Treasury Department officials ...The Hill - 1d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - 5d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 4d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 3d -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 3d -
Treasury Secretary Bessent says he’s not concerned about the current stock market volatility
Bessent downplays signals of weak first-quarter economic growthMarketWatch - 2d -
Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility
essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.CNBC - 2d -
Treasury yields end higher Friday, but finish week largely unchanged ahead of Fed meeting
Bond yields ended higher Friday, but were nearly unchanged for the week, as traders awaited next week’s Federal Reserve policy meeting.MarketWatch - 1d -
DOGE Cuts Upend Trump-Voting West Virginia Town
‘Nobody that I’ve talked to understood the devastation that having this administration in office would do to our lives,’ said one fired Treasury Department worker in Parkersburg.Inc. - Mar. 7 -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
Global stocks sell-off pauses as investors catch their breath
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves.NBC News - 4d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 3d -
Judge orders some federal agencies to reinstate thousands of probationary workers
A federal judge ordered that the departments of Veterans Affairs, Defense, Energy, Interior, and Treasury reinstate probationary employees who were terminated last month.NBC News - 2d -
Judge orders 6 federal agencies to rehire fired probationary workers
U.S. District Judge William Alsup extended relief to fired workers at the Departments of Veterans Affairs, Agriculture, Defense, Energy, Interior and Treasury.CBS News - 2d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 4d -
Larry Summers: Odds of a recession 'close to 50/50'
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...The Hill - 4d