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What’s Next as the Latest U.S.-China Trade Talks Conclude
We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before,…
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Treasury Department
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Rubio Is Pressing to Open Sanctions Investigation Into Harvard
Secretary of State Marco Rubio is pushing to investigate whether Harvard University violated federal sanctions by collaborating on a…
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Trump Officials to Meet With Chinese Counterparts Amid Trade Standoff
Top officials from the Trump administration will meet with their Chinese counterparts in Switzerland this week, the first formal meeting…
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Bessent Seeks to Reassure Global Leaders on Dollar’s Role as Safe Haven
On the sidelines of the spring meetings of the International Monetary Fund and World Bank this week, Treasury Secretary Scott Bessent…
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Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to…
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Elon Musk in the Oval Office
We’ve got some more thoughts on Elon Musk’s $97 billion hostile bid for Sam Altman’s OpenAI, which, we’re told, still hasn’t been…
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Trump to Impose Metal Tariffs on Monday, Followed by Broader Levies
More than 40 lawsuits filed in recent days by state attorneys general, unions and nonprofits seek to erect a bulwark in the federal courts…
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What Privatization of Fannie Mae and Freddie Mac Means
Fannie Mae and Freddie Mac, two giant mortgage finance firms, have been controlled by the federal government for nearly 17 years, but a…
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What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other…
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Warren Questions Bessent Over Musk Access to Treasury Payment System
Senator Elizabeth Warren of Massachusetts sent a letter on Monday to Treasury Secretary Scott Bessent demanding answers for why the…
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You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
You can still get your tax refund sent to your checking account, say, and then use the money to buy digital I bonds via TreasuryDirect.…
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Senate Confirms Scott Bessent as Treasury Secretary
The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new…
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Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a…
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Trump’s Executive Order to End E.V. Subsidies Draws Pushback
If President Trump has his way, the auto industry’s transition to electric vehicles will soon slam into reverse. He will erase tax credits…
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Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to…
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Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to…
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Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend…
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U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The Treasury Department imposed sanctions on a Beijing-based cybersecurity company on Friday, blaming it for helping Chinese hackers…
Lifestyle
Donald Trump announces flurry of new appointments: Full list
President-elect Donald Trump capped off a topsy-turvy week with a slew of new nominees, including a key Project 2025 architect and another…