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

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Donald Trump and Elon Musk could use sensitive Treasury information to punish their enemies — or they could break America’s payment system entirely.

The new president has left virtually no corner of the nation’s capital untouched in a wide-ranging effort to tear down the ...

President Donald Trump announced that he would delay imposing tariffs on Mexico following an agreement with President Claudia Sheinbaum to bolster border security. As part of the deal, Sheinbaum ...

The constitutional stress test intensifies. Can the president create an investment fund for federal dollars without ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the ...

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...

Sen. Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary Scott Bessent on Monday demanding to know what access ...

In the first two weeks of Donald Trump’s presidency, Elon Musk and his Department of Government Efficiency (DOGE) have ...

President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.