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Treasury
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5 hours ago
U.S. Treasury Secretary Scott Bessent defended the temporary waiver, arguing it prevented a more significant price spike that would have further increased Russia’s energy revenues.
16 hours ago
Treasury Secretary Scott Bessent is preparing banks to collect citizenship data ⊕
Treasury Secretary Scott Bessent says the Trump administration expects banks to comply in collecting citizenship information from customers.
Britain's debt burden means the nation has put itself through tax hell to run on the spot, says ALEX BRUMMER ⊖⊖
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a story from The Daily Mail 💩 › The Daily Mail
There has been no fiscal statement since Chancellor Rachel Reeves arrived at the Treasury which has failed to mention Liz Truss.
19 hours ago
Boosting military spending by slashing welfare is not the answer, senior Labour figures warn Reeves ⊕
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a story from The Guardian ⚠️ › International
MPs and peers say pitting defence and welfare against each other risks losing public support for increased spending on the military
Senior Labour figures have warned that Rachel Reeves must find alter…
26 hours ago
Trump accounts sign up 5 million kids, with 1.2 million eligible for $1,000 seed money, Bessent says ⊕
Trump accounts have signed up 5 million kids, according to Treasury Secretary Scott Bessent. Here's what families need to know.
29 hours ago
U.S. Treasury yields hold steady as markets eye Middle East resolution ⊕
U.S. Treasury yields were unchanged Wednesday as investors weighed the latest developments in the Middle East.
33 hours ago
Trump’s push to cut US interest rates akin to ‘banana republic’, says Yellen ⊖
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a story from Financial Times ✅ › Financial Times
Fed chair nominee Kevin Warsh will lack ‘credibility’ in arguing rates should fall, says former Treasury secretary
43 hours ago
US Treasury secretary says short-term economic pain worth long-term security ⊖
Scott Bessent said a "small bit of economic pain" was worth it to eliminate the threat of Iranian strikes on Western capitals.
47 hours ago
UK’s armed forces are in a sad state – and they have only themselves to blame ⊖⊖
The MoD shows little sign of learning from its mistakes – no wonder the Treasury is reluctant to agree to its demands
George Robertson, Tony Blair’s first defence secretary, a former Nato secretary ge…
2 days ago
Treasury Secretary Bessent now says it's OK for the Fed to wait to lower rates amid oil surge ⊕⊕
Bessent has previously said the Fed should hasten cutting interest rates, calling reductions "the only ingredient missing" for stronger economic growth.