Latest in Trump Names Treasury
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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 Mel Gibson, Jon Voight and Sylvester Stallone his Hollywood envoys
President-elect Donald Trump said the three will be his "eyes and ears" in Hollywood.CBS 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 -
Trump names Jon Voight, Sylvester Stallone and Mel Gibson as 'special ambassadors' to Hollywood
President-elect Donald Trump has named Jon Voight, Sylvester Stallone and Mel Gibson as "special ambassadors" to Hollywood. Their job duties are unclear.Los Angeles Times - Jan. 16 -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - 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 -
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 -
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 -
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.CNBC - Jan. 13 -
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 -
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 -
Mexico's president claps back at Trump, suggests new name for U.S. — America Mexicana
President Claudia Sheinbaum proposed using the 17th-century name in response to President-elect Donald Trump's comment he'd try to change the name of the Gulf of Mexico.NBC News - 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 -
Mexico’s President Pokes Fun at Trump With New Name for the U.S.
President Claudia Sheinbaum of Mexico also said Donald Trump was ill-informed when he said Mexico was “essentially run by the cartels.”The New York Times - Jan. 8 -
Can Trump Change the Name of the Gulf of Mexico?
Presidential naming powers usually stop at the water’s edge.The New York Times - Jan. 8 -
House Republican: Gulf of Mexico name less important than Trump's actions
Rep. Austin Scott (R-Ga.) said President-elect Trump’s musing about changing the name of the Gulf of Mexico to the Gulf of America is less important than his actions in the region, particularly ...The Hill - Jan. 8 -
Trump wants to change Gulf of Mexico's name to "Gulf of America"
President-elect Donald Trump said renaming the gulf is "appropriate," blasting Mexico for the migrants crossing the southern border.CBS News - 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 -
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 -
Here's what Trump said on Jan. 6 pardons, Gulf of Mexico name change and Israeli hostages in Gaza
President-elect Donald Trump held a press conference a day after the 2024 election results were certified by Congress. Trump announced a deal with Dubai developer DAMAC Properties to build data ...CBS News - Jan. 7 -
Trump says he plans to change Gulf of Mexico's name to "Gulf of America"
President-elect Donald Trump said Tuesday that he is planning on changing the Gulf of Mexico's name to the "Gulf of America."CBS News - 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 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Trump critic named new Washington archbishop
Cardinal Robert W. McElroy, a critic of President-elect Trump, was named the new archbishop of Washington on Monday. Pope Francis named McElroy, who is the bishop of San Diego, to replace Cardinal ...The Hill - Jan. 6 -
GrabAGun names Donald Trump Jr. as adviser in bid to lift stock-listing visibility
GrabAGun on Monday named Donald J. Trump Jr. an adviser and announced he will be an equity shareholder once the online gun retailer goes public in the coming months to become the latest stock with ...MarketWatch - Jan. 6