So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...
US Treasury to tap Musk ally for senior job, Washington Post says
Tom Krause, the deputy of Elon Musk's Department of Government Efficiency, is slated to become the financial assistant ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump, Musk actions put America at risk of 'a form of default,' former Treasury chiefs warn
Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal ...
US Treasury appoints Hood as acting comptroller of the currency
The U.S. Treasury Department has appointed Rodney Hood to serve as the acting comptroller of the currency from February 10, ...
Judge blocks Elon Musk's DOGE from accessing Treasury Department payment systems, citing risk of 'irreparable harm'
The order comes after 19 attorneys general filed a lawsuit seeking to end what they called the government's "new and ...