News

Now that the megabill has passed, expect a ton of short-term Treasury bills to be auctioned to finance the government’s deficit
With Trump’s megabill clearing a final 218-214 vote in the House of Representatives on Thursday and the president setting ...
Trump just sent the national debt into the stratosphere
Ben Harris is director of economic studies at the Brookings Institution and the former chief economist at the Treasury ...
Illicit Iranian oil networks hit with Treasury Department sanctions
The Treasury Department is targeting Iranian networks that allegedly buy and transport billions of dollars worth of Iranian ...
US hits Iran's 'shadow fleet' and oil smuggling network with sanctions
The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network ...
US imposes new sanctions targeting Iran oil trade, Hezbollah, Treasury Dept says
The United States imposed sanctions on Thursday against a business network that smuggles Iranian oil disguised as Iraqi oil, ...
The just-passed 'Big Beautiful Bill' will increase national debt by trillions of dollars, according to CBO
The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
US bond market braces for surge in Treasury supply in second half
The bond market is bracing for up to $1 trillion of additional U.S. Treasuries supply in the second half of the year once ...
Treasury requires US financial institutions cut ties with Mexico-based banks tied to cartel money laundering
The Trump administration on Wednesday, for the first time, used a new authority to require U.S. financial institutions to cut ...
US imposes fresh sanctions targeting Iran oil trade, Hezbollah
The network of companies run by Iraqi businessman Salim Ahmed Said has been buying and shipping billions of dollars worth of ...
US Treasury's Bessent extends measures to avoid debt ceiling breach
U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...
US blocks money transfers by 3 Mexico-based financial institutions accused of aiding cartels
The U.S. Treasury Department has slapped sanctions on three financial institutions in Mexico it says were used to launder ...
Opinion
Congress just pushed the U.S. toward a debt crisis. The Fed can’t save us.
The odds of a federal debt crisis just got more daunting. On Thursday, Congress passed the One Big Beautiful Bill, a sweeping piece of legislation that threatens to leave the government with one big, ...