Tag Archives: Treasury

The 10-year Treasury yield rose following a less-than-stellar $42 billion auction of new securities by the Treasury Department. The benchmark 10-year note yield was up more than 2 basis points to 4.22%, while the 30-year Treasury bond yield climbed more than 4 basis points to 4.813%. One basis point equals 0.01% and yields and prices move in opposite directions. Fixed …

Revaluing Fort Knox’s gold to fund a strategic bitcoin reserve or pay down the national debt is no longer unthinkable. Bettmann Archive Gold is up more than 40% in the past year, from under $2,400 an ounce to over $3,400. Meanwhile, the national debt is approaching $37 trillion. That’s helped revive an idea long dismissed as fringe: revaluing the government’s …

Treasury Secretary Scott Bessent off list for next Fed chair, Trump says  Axios Trump says Scott Bessent no longer in the running for Fed chair  CNN Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running  CNBC Donald Trump rules out Scott Bessent for Federal Reserve chair  Financial Times Trump Says Four Candidates in Running for Fed …

GOP senators place holds on Treasury nominees over solar, wind credits  Politico Grassley places holds on 3 Trump Treasury nominees  The Hill E&E News: Senate Republican may delay nominees over energy credits  POLITICO Pro Grassley Holds Up Trump Treasury Nominees to Protect Renewables Development  Heatmap News Daily on Energy: GOP unrest over wind and solar credits, nominees in limbo, and OPEC+ hikes production  Washington Examiner …

Trump Media and Technology Group (Nasdaq: DJT) disclosed Friday that it now holds $2 billion in bitcoin and bitcoin-related securities, officially confirming one of the largest digital asset treasuries among U.S.-listed companies. The announcement came via the company’s second quarter of 2025 earnings press release, which also mentioned $3.1 billion in total financial assets and its first-ever quarter of positive …

Treasury Secretary Bessent under fire over Social Security comments  Axios Treasury Secretary Says Trump Accounts Could Pave Way to Privatizing Social Security  The New York Times Trump’s newborn savings accounts a ‘back door for privatizing Social Security,’ Bessent says  The Washington Post Bessent hails new ‘Trump accounts’ as ‘backdoor for privatizing Social Security’  Politico Bessent tries to clarify comments suggesting Social Security could be …

Facebook Tweet Email Link Treasury Secretary Scott Bessent on Wednesday likened the Trump accounts created by Republicans’ massive new domestic policy law to “a backdoor for privatizing Social Security.” Democrats are already launching political attacks. Bessent was discussing the Trump accounts at a Breitbart policy panel. The federal government will contribute $1,000 into these new tax-deferred investment accounts for US …

Treasury Secretary Says Trump Accounts Could Pave Way to Privatizing Social Security  The New York Times Treasury secretary calls new Trump accounts ‘a backdoor’ way to privatize Social Security  CNN Trump’s newborn savings accounts a ‘back door for privatizing Social Security,’ Bessent says  The Washington Post Trump accounts are a ‘backdoor for privatizing Social Security,’ Treasury secretary says  USA Today Bessent hails new ‘Trump …

RIO DE JANEIRO (AP) — The U.S. Treasury Department on Wednesday announced sanctions on Brazilian Supreme Court Justice Alexandre de Moraes over alleged suppression of freedom of expression and the ongoing trial of former President Jair Bolsonaro. De Moraes oversees the criminal case against Bolsonaro, who is accused of masterminding a plot to stay in power despite his 2022 election …

U.S. Treasury Secretary Scott Bessent attends a press conference at government quarters Rosenbad after the trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025. Magnus Lejhall | TT | Via Reuters Treasury Secretary Scott Bessent on Wednesday urged corporate America, investors and U.S. trade partners “not to panic” if tariff rates surge on Aug. 1 …