Treasury secretary warns U.S. could enter “detox period” | The Excerpt
Plus: President Donald Trump threatens Russia with sanctions. American liquor, wine and spirits pulled from Canadian shelves ...
Treasury Secretary Bessent says a ‘detox' period for the economy does not have to be a recession
Treasury Secretary Scott Bessent said Thursday that his previous comments about a " detox period " for the U.S. economy did ...
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SEC Rethinks Whether to Expand 'Exchange' Definition to Include Crypto: Acting Chair
The SEC will assess how a proposal expanding the definition of an exchange can be modified to exclude crypto transactions.
Bessent defends Trump tariffs: American dream doesn’t mean access to ‘cheap goods’
Treasury Secretary Scott Bessent defended President Trump’s global trade tariffs on Thursday at the Economic Club of New York, explaining that the Trump administration’s “America First ...
What do Education Department cuts mean for student loans?
On Tuesday, Education Department officials said the agency’s workforce would be cut roughly in half, with over 1,300 workers ...
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10-year Treasury yields are falling. Want the good news first?
Last month, Treasury Secretary Scott Bessent told reporters ... “Slower growth expectations mean that the Fed can cut, or might be forced to cut, interest rates down the road — I think that ...
What Trump's Tariffs Mean for Markets
Tariffs have long been seen as USD-positive due to ...
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Trump Signs Executive Order Creating a Strategic Bitcoin Reserve. What Does It Mean for Cryptocurrency?
Similar to how the government has a reserve of other currencies such as gold, this reserve houses the country's digital ...