The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.

The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott ...

The DOJ agreed to a proposed order that would largely block the Treasury Department from sharing sensitive financial data ...

Citigroup promoted more than 8,500 workers as of January 1 as part of its year-end process, the bank said in a statement on ...

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...

President Donald Trump on Monday ordered the creation of a government-owned sovereign wealth fund of financial assets, which ...

U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...

Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...

Musk's growing role in the United States government is sparking debate about the influence of billionaires in public policy.

The elevation of Tom Krause to a more powerful role at Treasury will likely inflame an ongoing backlash over DOGE.

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...