News

How Trump plans to dismantle the Education Department after Supreme Court ruling
WASHINGTON (AP) — The Supreme Court on Monday cleared the way for the Trump administration to continue unwinding the ...
Pentagon withdraws senior military leaders from national security forum
The department's press secretary said it "has no interest in legitimizing an organization that has invited … architects of chaos abroad and failure at home." ...
Federal government posts June surplus, helped by rising tariff collections
The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...
A Treasury Bill Deluge Is Here. What Could Go Wrong.
The department is issuing billions of short-term debt. Wall Street is watching to see if it trips up the funding market.
Will Bessent serve as Fed chair, Treasury secretary at the same time?
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Department Secretary Scott Bessent is spinning heads from Washington to Wall Street and ...
Where do New Jersey's lawsuits against Trump administration actions stand?
New Jersey Attorney General Matthew Platkin has led or joined dozens of lawsuits to counter the Trump administration's agenda ...
Treasury warns the government it may not balance the budget or meet its housing targets
Unless we are happy to keep government debt, – which is already close to a trillion dollars – growing indefinitely, taxes ...
Fiscal Flows, Bank Credit, And The Fed For July
June 2025 fiscal flows signal short-term caution and likely SPX declines in July, but liquidity unlocks and Fed rate cuts ...
From tariffs to universities, Trump’s negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. In ...
President Announces 30% Tariffs on E.U. and Mexico
President Trump announced in letters posted to social media on Saturday that he would place a 30 percent tariff on goods from ...
US customs duties top $100 billion for first time in a fiscal year
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
Debt Ceiling Increase Will Allow U.S. Treasury To Resume Borrowing
The OBBB Act raises the debt ceiling and impacts Treasury strategies with $2 trillion in new T-Bills forecasted. Click here ...