Bessent Faces First Debt Test at Treasury as Musk Looms
Bloomberg reporters answer questions about Trump's EU tariff threats and the impact it could have on markets in a Live Q&A at 8 a.m. EST/1 p.m. GMT. Listen here.
Treasury Defends Musk Team’s Access to Federal Payment System
The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.
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Trump Appoints Treasury Secretary Scott Bessent as Acting CFPB Director
President Donald Trump appointed Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection ...
Treasury says Musk’s DOGE has not rejected payments in first attempt to clarify access granted to critical system
The Treasury Department said Elon Musk aides detailed to the agency have “read-only” access to its sensitive $5 trillion US ...
Treasury tells Congress that DOGE has ‘Read Only’ access to payment systems
A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon ...
Elon Musk has your Social Security number. It’s as scary as it sounds.
David A. Lebryk had a volatile end to his 36 years serving the public at the Treasury Department last week. On Monday, he was ...
US Treasury says Musk and DOGE Have Read-Only Access to Payments System
The Treasury Department has defended DOGE's access to its payment system, explaining they only have "read-only access." ...
Democrats call for investigation into Musk access of Treasury payment systems
Two Senate Democrats called for an investigation Tuesday into tech billionaire Elon Musk’s access of Department of Treasury ...
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 ...
US Treasury says Musk team has 'read-only access' to payment data
The U.S. Treasury said on Tuesday that Elon Musk's government-efficiency team has been granted "read-only access" to its ...
Trump wants a US sovereign wealth fund. Here's what that could mean.
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
Elon Musk has access to US Treasury federal payments: How much power is too much?
Elon Musk’s Department of Government Efficiency (DOGE) now has access to the US Treasury’s payment system, raising concerns ...