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Hegseth clears procedural vote for defense secretary
GOP Sen. Lisa Murkowski says she "cannot in good conscience" support Pete Hegseth for secretary of defense, and she and Sen. Susan Collins voted "no" on his nomination in a procedural vote.CBS News - Jan. 23 -
Rubio holds first call with Netanyahu as secretary of state
New Secretary of State Marco Rubio has held his first phone call with Israeli Prime Minister Benjamin Netanyahu since President Trump's return to the White House. During the call, Rubio reiterated ...CBS News - Jan. 23 -
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 -
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 -
Senate confirms Marco Rubio as secretary of state
The Senate quickly confirmed Rubio as the nation's top diplomat hours after Trump was sworn in.CBS News - Jan. 20 -
Senate unanimously confirms Marco Rubio as secretary of state
The Senate unanimously voted on Monday to confirm former Florida Sen. Marco Rubio as President Trump's secretary of state. CBS News congressional correspondent Nikole Killion reports from Capitol ...CBS News - Jan. 20 -
Acting Defense secretary sworn in as Hegseth awaits confirmation
The Pentagon on Monday swore in Robert G. Salesses as the acting secretary of Defense while President Trump's nominee Pete Hegseth awaits Senate confirmation. Salesses was sworn in just after noon, ...The Hill - Jan. 20 -
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 names pick for Air Force secretary
President-elect Trump on Thursday named Troy Meink, a top spy chief who has previously served as a missile engineer, as his pick for secretary of the Air Force. Trump said in a statement on Truth ...The Hill - 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 -
Pete Hegseth Is the Secretary of Defense We Deserve
If you thought the former TV host would be asked important questions at the confirmation hearings this week, you must be living under the illusion that we live in a serious country.The New York Times - Jan. 15 -
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 -
Kristi Noem confirmation hearing for DHS secretary postponed
The confirmation hearing for South Dakota Gov. Kristi Noem (R), President-elect Trump’s pick to lead the Department of Homeland Security (DHS), was postponed by two days. Noem will appear before ...The Hill - 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 -
Confirmation hearing for Trump's VA secretary pick delayed
The confirmation hearing for President-elect Trump's pick for the next the secretary of Veterans Affairs, former Rep. Doug Collins (R-Ga.), has been delayed by a week until Jan. 21. Sen. Jerry ...The Hill - 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 -
Secretary of State Antony Blinken on America's role in the world
After traveling more than a million miles on the job, the secretary of state discusses the Biden administration's foreign policy report card, from a reinvigorated NATO alliance and Russian ...CBS News - Jan. 12 -
Secretary of State Blinken on America's role in Syria
Following the fall of Syrian dictator Bashar al-Assad, President-elect Donald Trump stated that he thinks what happens in Syria "is not our fight." In this web exclusive, outgoing Secretary of ...CBS News - Jan. 12 -
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 -
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 -
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 -
Can Linda McMahon become the next education secretary?
What are Linda McMahon’s chances to be confirmed as the next education secretary?ABC 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 -
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