Latest in Treasury Secretary Musk
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Chris Wright Is Confirmed to Be Secretary of Energy
The former fracking executive said in confirmation hearings that his top priority would be to “unleash” American energy production.The New York Times - 3h -
Democrats promise bill to block 'unlawful meddling' in Treasury systems after Musk allies gain access
Democratic leaders in both chambers on Monday vowed to introduce legislation to “stop unlawful meddling in the Treasury Department's payment systems.” Democrats have been sounding the alarm over ...The Hill - 3h -
Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out
Bessent, a former hedge-fund manager, was confirmed as head of the Treasury Department last week.CNBC - 4h -
Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.The New York Times - 16h -
Elon Musk may have just staged a ‘21st-century coup’ at the Treasury Department. What could happen next.
Democrats say Musk, in shutting down USAID, is acting at China’s behest.MarketWatch - 6h -
Warren presses Treasury secretary over Musk access to payments system
Sen. Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary Scott Bessent on Monday demanding to know what access Elon Musk was given to the federal payments system and what safeguards were ...The Hill - 9h -
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.ABC News - 9h -
Musk vows to cancel grants after gaining access to US Treasury payment system
System disburses trillions of dollars in US government spending each year, including social securityFinancial Times - 1d -
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.The New York Times - 2d -
Burgum confirmed as Interior secretary
Presented by American Petroleum Institute {beacon} Energy & Environment Energy & Environment The Big Story Senate confirms Burgum as Interior secretary The Senate confirmed former North Dakota ...The Hill - 3d -
The Treasury official who oversees payments resigns suddenly.
Elon Musk has deployed engineers to Treasury to find a way to shut down payments unilaterally.The New York Times - 3d -
Senate confirms Burgum as Interior secretary
The Senate confirmed former North Dakota Gov. Doug Burgum as Interior secretary Thursday in a 79-18 vote, with the majority of Senate Democrats joining every Republican in the chamber. Burgum, a ...The Hill - 4d -
Man arrested with Molotov cocktails aimed to kill Treasury secretary at Capitol, police say
The nomination of Scott Bessent as Treasury secretary by President Donald Trump was confirmed Monday by the Senate.CNBC - 6d -
Scott Bessent wins Senate confirmation as Treasury secretary
The Wall Street veteran won the Senate's confirmation to be Treasury secretary. The vote was 68-29.CNBC - Jan. 28 -
Live updates: Trump addresses House Republicans; Senate confirms Treasury secretary
President Trump is set to address the House Republicans at their annual policy retreat in Florida, while the Senate votes on the confirmation of his Treasury Department nominee, Scott Bessent.The Hill - Jan. 27 -
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.The New York Times - Jan. 27 -
Senate confirms Scott Bessent as Treasury secretary
The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.CBS News - Jan. 27 -
Senate confirms Scott Bessent as Trump's Treasury secretary
Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic nominee in place ahead of a daunting GOP push to enact Trump's ambitious ...The Hill - Jan. 27 -
Senate confirms Scott Bessent as treasury secretary
President Donald Trump is set to attend a high-profile policy conference with House Republican lawmakers in his home state of Florida. Trump first landed in Miami on Saturday and has been at his ...NBC News - Jan. 27 -
Pete Hegseth sworn in as Secretary of Defense
Pete Hegseth, President Trump's controversial pick for Secretary of Defense, was sworn in today following an historic, tie-breaking vote last night. NBC News' Yamiche Alcindor reports.NBC News - Jan. 26 -
Kristi Noem confirmed as DHS secretary
The former South Dakota governor will help carry out Trump’s immigration agenda.Politico - Jan. 25 -
Pete Hegseth sworn-in as secretary of defense
Vice President JD Vance administered the oath of office and swore in Pete Hegseth as the next U.S. Secretary of Defense.NBC News - Jan. 25 -
Watch: Hegseth sworn in as Defense secretary
Pete Hegseth was sworn in to lead the Defense Department under the Trump administration Saturday morning after weeks of turmoil over allegations of sexual misconduct and an alleged past drinking ...The Hill - Jan. 25 -
Hegseth confirmed as secretary of defense by Senate
The Senate narrowly confirmed former Fox News host Pete Hegseth to lead the Defense Department, with Vice President Vance making the tie-breaking vote. NBC News' Vaughn Hillyard and Julie Tsirkin ...NBC News - Jan. 25 -
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 -
Marco Rubio sworn in as secretary of state
Watch as Vice President Vance administered the oath of office and swore in Marco Rubio to serve as the next secretary of state. Rubio spoke about his goals for the State Department and what he ...NBC News - Jan. 21 -
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 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
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 -
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 -
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 -
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 -
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