U.S. Treasury Secretary - Search News

Elon Musk, Treasury

US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says

The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott Bessent told Fox Business on Wednesday, adding that any decisions to stop payments would be made by other agencies.

The Washington Post on MSN · 5h

DOGE deputy to oversee powerful Treasury system as Musk demands cuts

Tom Krause, a Silicon Valley executive with ties to DOGE, will become the fiscal assistant secretary of the Treasury Department, the people said. He replaces David A. Lebryk, who resigned after objecting to Krause’s demands to stop payments on foreign aid — a measure Lebryk resisted as illegal.

Here’s What To Know About Elon Musk’s DOGE: Democratic States Sue Trump Over Treasury Access

Marko Elez, the DOGE staffer who resigned after racist social media posts including a call to "normalize Indian hate" surfaced, will return to work for Musk, the billionaire announced.

Fed, Bessent and Treasury

CNN on MSN · 1d

Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.

Business Insider on MSN · 12h

'Elon and I are completely aligned on cutting waste,' says Treasury Secretary Bessent

Treasury Secretary Scott Bessent told Bloomberg that major savings could be made and DOGE was one of the most important government audits he'd seen.

Bessent's focus on 10-year US Treasury yield may let Fed off the hook

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.

3hon MSN

US Treasury appoints Hood as acting comptroller of the currency

The U.S. Treasury Department has appointed Rodney Hood to serve as the acting comptroller of the currency from February 10, ...

1d

The US Treasury Claimed DOGE Technologist Didn’t Have ‘Write Access’ When He Actually Did

Sources tell WIRED that the ability of DOGE’s Marko Elez to alter code controlling trillions in federal spending was ...

6h

Treasury Installs Musk Ally to Oversee Its Payment System

Tom Krause, a software executive, is the Treasury Department’s fiscal assistant secretary with access to a system that ...

7h

US Treasury to tap Musk ally for senior post, Washington Post says

Tom Krause, the deputy of Elon Musk's Department of Government Efficiency (DOGE), is slated to become the financial assistant ...

6don MSN

‘Bizarre’ and ‘quite dangerous’: Former US treasury secretary on Trump’s economic strategy behind tariffs

President Donald Trump announced extraordinary new tariffs on Mexico, Canada and China, signing the long-promised economic ...

US bond market lukewarm on Bessent's 10-year yield pledge

Treasury yields have a direct impact on mortgage and credit card rates as well as consumer loans, while the Fed's short-term ...

3don MSN

US Treasury Secretary affirms US-EU economic relationship in call with ECB's Lagarde

U.S. Treasury Secretary Scott Bessent affirmed the importance of the U.S.-EU economic relationship and transatlantic ...

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