News

Illicit Iranian oil networks hit with Treasury Department sanctions
The Treasury Department is targeting Iranian networks that allegedly buy and transport billions of dollars worth of Iranian ...
US hits Iran's 'shadow fleet' and oil smuggling network with sanctions
The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network ...
Now that the megabill has passed, expect a ton of short-term debt to be sold to finance the government’s deficit
Bond-market participants were preparing for President Donald Trump’s massive plan for tax and spending cuts to be signed into ...
The just-passed 'Big Beautiful Bill' will increase national debt by trillions of dollars, according to CBO
The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.
US imposes new sanctions targeting Iran oil trade, Hezbollah, Treasury Dept says
The United States imposed sanctions on Thursday against a business network that smuggles Iranian oil disguised as Iraqi oil, ...
Treasury requires US financial institutions cut ties with Mexico-based banks tied to cartel money laundering
The Trump administration on Wednesday, for the first time, used a new authority to require U.S. financial institutions to cut ...
US bond market braces for surge in Treasury supply in second half
The bond market is bracing for up to $1 trillion of additional U.S. Treasuries supply in the second half of the year once ...
US blocks money transfers by 3 Mexico-based financial institutions accused of aiding cartels
The U.S. Treasury Department has slapped sanctions on three financial institutions in Mexico it says were used to launder ...
US Treasury's Bessent extends measures to avoid debt ceiling breach
U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...
Deal with Beijing will speed China’s export of minerals to the US, treasury secretary says
BANGKOK (AP) — The U.S. and China have signed an agreement on trade, President Donald Trump said, adding he expects to soon ...
Opinion
Congress just pushed the U.S. toward a debt crisis. The Fed can’t save us.
The odds of a federal debt crisis just got more daunting. On Thursday, Congress passed the One Big Beautiful Bill, a sweeping piece of legislation that threatens to leave the government with one big, ...
US could default by August
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  US could ...