Scott Bessent blasts Elizabeth Warren, offers ‘Foreign Exchange for Dummies’ tutorial
Treasury Secretary Scott Bessent sarcastically offered to give Sen. Elizabeth Warren a tutorial on “Foreign Exchange for Dummies”…
Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings
The enormous mountain of debt hanging over the economy has overshadowed the AI boom as the center of…
Trump to Drop $1.8 Billion Fund in IRS Deal, Keeps Tax Probe Ban
(Bloomberg) — The Trump administration is moving to drop controversial plans for a $1.8 billion fund to pay…
Trump Accounts App Launches for American Families
Posted on Friday, May 29, 2026 | by Jack Phillips | 31 Comments | Print The U.S. Treasury…
The US Treasury just declared America insolvent, say famed economists. Are your finances ready?
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. America’s mounting…
‘A fiscal catastrophe’: The US Treasury just declared America insolvent, say famed economists. Are your finances ready?
The U.S. Treasury Department headquarters building. This article adheres to strict editorial standards. Some or all links may…
The Treasury just declared the U.S. insolvent. The media missed it
The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s…
Education Dept hands federal student loan portfolio to Treasury, in latest step to dismantle agency
The Treasury Department will take over the collection of defaulted federal student loan debt, and will support efforts…
Lawmakers call for more federal workforce details in latest spending ‘minibus’
Congress is seeking more in-depth information on staffing numbers, federal contracts, remote work agreements and other federal workforce…
US Treasury Secretary Scott Bessent says he has divested his soybean farm
US Treasury Secretary Scott Bessent, a major figure in implementing US President Donald Trump’s economic agenda including tariffs,…
How record-high national debt impacts mortgage rates and the housing market
The ongoing government shutdown is hindering the economy in numerous ways. Among the most notable: The nation’s debt…
US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed…