Treasury Brain - QuikReader

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 - 2d

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 - 6d

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 - 5d

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 - 4d

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 - 4d

Treasury Secretary Bessent says he’s not concerned about the current stock market volatility

Bessent downplays signals of weak first-quarter economic growth

MarketWatch - 3d

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 - 3d

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 - 2d

Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis

Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.

CNBC - 15h

UK deregulation frees space ‘for bolder reforms’, says top bank lobbyist

David Postings tells FT he has been ‘working closely’ with Treasury on measures aimed at boosting growth

Financial Times - 1h

Want to Keep Your Mind Sharp? Neurology Research Says Cutting Out This Food Can Improve Your Brain Function (and Make You Live Longer)

Not good news for meat lovers, but there is light at the end of the tunnel.

Inc. - Mar. 7

‘We remember as true things that never even happened’: Julian Barnes on memory and changing his mind

The Booker-prize winning novelist reflects on the times in his life when recollection and imagination have intertwined, and wonders whether we can ever rely on our brains to provide us with the ...

The Guardian - 22h

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 - 5d

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 - 4d

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 - 3d

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 - 3d

Bessent says 'there are no guarantees' when it comes to recession

Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now that there ...

The Hill - 12h

$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 - 5d

Stock futures fall as Bessent dismisses market worries: ‘Corrections are healthy’

U.S. stock futures declined Sunday after Treasury Secretary Scott Bessent said he’s not worried about a market downturn, despite a miserable stretch for Wall Street.

MarketWatch - 3h

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 - 6d

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