Scott Bessent, Treasury Secretary and real economy

Trump, Steven Mnuchin

FBI, EPA, and Treasury told Citibank to freeze funds as Trump administration tries to claw back climate money
The accounts were frozen in February, but documents filed today make public details which had previously been unknown.
Can Trump Arbitrarily Take Money From Anyone’s Bank Account?
The Trump administration debited $80.5 million from New York City’s bank account, raising alarms about the reliability of the ...
S&P 500 falls into correction territory as Trump’s trade war escalates. Here’s what history says could happen next.
The sharp drawdown on the U.S. stock market picked up steam on Thursday, pushing the S&P 500 into correction territory.
Trump administration toughens sanctions on Russian oil, gas and banking sectors
The stiffer restrictions come as the Trump administration is trying to convince Russia to accept terms of a proposed 30-day ...
Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.
Wall Street tumbles 10% below its record for first 'correction' since 2023 on Trump's trade war
Wall Street’s sell-off hit a new low Thursday after President Trump’s escalating trade war dragged the S&P 500 more than 10% ...
What Trump’s Presidency Means For Your Student Loans
The Trump administration is attempting to dismantle the Education Department and rolling back some student loan forgiveness.
Trump administration ordered to reinstate tens of thousands of fired probationary workers
WASHINGTON ― Tens of thousands of federal government probationary workers fired in recent weeks as part of President Donald ...
US budget deficit for Trump's first full month in office reaches $307 billion
The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, ...