Nation Oct 09 Your child may be automatically enrolled in a Trump Account. Here's what to know By Adriana Morga, Wyatte Grantham-Philips, Associated Press
World Aug 31 Hosting G20 meeting, Bessent tries to rally allies on Iran as tariffs strain ties Treasury Secretary Scott Bessent is meeting with finance ministers of the world’s largest economies this week at a time when the United States has disrupted the international order with aggressive tariffs on major allies and an unpopular war on Iran. By Fatima Hussein, Associated Press
Economy Aug 20 Watch 7:13 Why Treasury yields are at 20-year highs – and why it matters A sustained sell-off in the bond market sent long-term Treasury yields to their highest levels in nearly 20 years this week, rattling both Wall Street and Washington. Higher yields, essentially the interest rate the government pays to borrow money, also… By Amna Nawaz, Jackson Hudgins
Politics Aug 19 7 questions about the national debt hitting $40 trillion There is a lot to unpack about the national debt. Here's a starter guide to what's happening with the national debt right now. By Lisa Desjardins
Politics Jul 22 WATCH: Trump promotes investment accounts for kids at Georgia high school At a rally Wednesday, President Donald Trump touted the $1,000 babies can receive when their parents open Trump Accounts in their names. Some parents who opened accounts earlier this month for their babies say they're still waiting for their money. By Moriah Balingit, Associated Press
Jun 05 Treasury warns banks of 'red flags' tied to customers in the U.S. illegally By Fatima Hussein, Ken Sweet, Associated Press The Financial Crimes Enforcement Network — also known a FinCEN — issued an advisory Friday to banks that tells them to watch out for identity theft, payroll tax fraud, and money laundering schemes tied to hiring unauthorized workers. Continue reading
Mar 19 Treasury Department begins taking over federal student loans from Education Department By Collin Binkley, Associated Press The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency. Continue reading
Oct 06 U.S. Treasury sanctions Mexican companies accused of aiding Sinaloa cartel's fentanyl production By Associated Press The U.S. Treasury Department on Monday sanctioned a network of companies and their affiliates that allegedly supplied precursor chemicals to make fentanyl to a faction of Mexico's Sinaloa cartel. Continue reading
Jun 12 WATCH: Bessent appears before House committee as Congress considers Trump's tax bill By Fatima Hussein, Associated Press Treasury Secretary Scott Bessent and other Republicans say that the U.S. could head toward economic catastrophe if the measure is not passed. Continue reading
Jun 11 WATCH: Bessent testifies on Treasury Department priorities after U.S.-China trade talks By Associated Press Testifying in front of the House Ways and Means committee Wednesday, Bessent was also asked about Trump’s stated desire to punish Harvard University and other nonprofit organizations by directing the IRS to revoke their tax-exempt status. Continue reading