In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...

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

President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

President Donald Trump’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been ...

President Trump announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they ...

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.