The U.S. has a $40 trillion debt problem, and the leader of the IMF says supercharging the nation’s growth isn’t...
Scott Bessent
The Trump administration says nearly every child in America now has a Trump Account. Whether the money in those accounts...
It was May 2023 when Bank of America’s Michael Hartnett took inspiration from the Wild West, coining the phrase “Magnificent...
President Donald Trump’s financial accounts made nearly 40 times as many trades in one month as those belonging to Treasury...
Hello and welcome to Eye on AI. In this edition: Anthropic and OpenAI both release new, cheaper AI models. U.S....
In the great debate over AI safety guardrails, Scott Bessent said the government will not become a “liability shield” for...
Treasury Secretary Scott Bessent isn’t short of investors keen to rap his knuckles—and his friend and mentor, Stan Druckenmiller, was...
Wall Street analysts are anticipating something of a standoff between the Federal Reserve and the White House this week, with...
The Federal Reserve’s hiking cycle suddenly looks alive again. Wall Street was already growing nervous. Oil had pushed back above...
The AI productivity boom will soon make America richer, say the two leaders of the American economy—Treasury Secretary Scott Bessent...
With a slew of unexpected maneuvers this year, Scott Bessent has emerged as the most interventionist Treasury secretary in financial...
The U.S. national debt crossed $40 trillion for the first time this week, but Treasury Secretary Scott Bessent wants Americans—and...
The government’s near-$40 trillion national debt is now costing the Treasury more than $3 billion a day in service payments,...
While investors fixate on the AI boom, a warning from a group of Wall Street bankers whose job is to...
Most of the available pool of tariff revenue has been disbursed back to U.S. companies, but American consumers are still...
Last week, U.S. Treasury Secretary Bessent joined with Japan’s Ministry of Finance to intervene in currency markets in an effort...
The U.S. is stepping in to help boost Japan’s yen for the first time in nearly three decades after the...
The U.S. Mint is now producing a $1 coin featuring President Donald Trump’s face, tied to celebrations of America’s 250th...
The moment that triggered the Trump administration’s dramatic crackdown on Anthropic, and may completely reset the ground rules for U.S....
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it...
The national debt is set to reach $40 trillion in the near future if it continues to grow at its...
Lawyers for President Donald Trump are engaged in talks with the IRS to resolve a $10 billion lawsuit the president filed against...