treasury department
US Mint in Philadelphia set to press the last-ever penny as coin gets canceled
The U.S. Mint in Philadelphia is set to strike its last circulating penny on Wednesday as the president has canceled the 1-cent coin.
McDonald's payment change confuses customers who may be paying more for a meal
The fast-food chain will allegedly start rounding up the prices of certain meals, according to customers online who claim they caught a whiff of the plan.
China, India curb Russian oil purchases after Trump sanctions Rosneft, Lukoil
The Asian nations are the world's most prolific purchasers of Russian oil — together accounting for a whopping 85% of Moscow's exports in August, according to the Center for Research...
National debt surpasses $38 trillion milestone for first time in US history as spending surges
America's debt has grown rapidly over the last decade as the population ages and enrollment in Social Security and Medicare rises.
China fires top trade negotiator after Treasury Secretary Scott Bessent calls him 'unhinged'
State news agency Xinhua confirmed that Li, 58, was dropped from his post as part of a wider ambassadorial reshuffle approved by President Xi Jinping.
Thune says 'time's right' for Russia sanctions bill as Trump asks Bessent to pitch Europe on China tariffs
WASHINGTON — Senate Majority Leader John Thune said Thursday that he is ready to vote on a bill sanctioning buyers of Russian oil -- one day after Treasury Secretary Scott...
Scott Bessent urges IMF to unload swanky country club: 'Start by selling the golf course'
Treasury Secretary Scott Bessent on Tuesday urged the International Monetary Fund to sell a swanky country club it owns in Maryland after The Post revealed how its staff qualify for...
Mr. President: Nix the tariff ‘dividend’ checks, shrink the deficit instead
As if President Joe Biden's COVID "stimulus" checks weren’t bad enough, his successor is floating the idea of “tariff rebates” — when Uncle Sam is already $37 trillion in the...
US to release special Trump silver dollar to celebrate America's 250th
It's extremely uncommon for US currency to feature a living person.
Trump considering $2,000 tariff ‘dividend’ for Americans
“We're thinking maybe $1000 to $2,000 – it would be great,” the president said of the size of the checks Americans might get.
US gold reserves smash $1 trillion mark as precious metal hits fresh highs
Prices surged above $3,824.50 an ounce on Monday, extending a 45% rally this year that has been fueled by safe-haven buying.
Republican lawmakers will introduce bill to put Charlie Kirk on silver dollar coins
The legislation, backed by Reps. Abe Hamadeh (R-Ariz.) and August Pfluger (R-Texas), aims to direct the Treasury to mint 400,000 silver dollar coins in 2026, featuring the phrase "well done,...
Scott Bessent’s chief of staff to take senior post at the IMF: sources
Katz joined the Treasury Department in January 2025 and was formerly a senior fellow at the Manhattan Institute.
IMF revamps climate, gender units after Bessent bashed lender over 'mission creep'
The changes, first reported by Bloomberg News, will see both the IMF's climate and development and inclusion and gender units folded into the DC-based body's "macro-financial and structural policies" division.
Here’s who White House staffers like in a cage match between Treasury sec and housing regulator
Maybe Trump can officiate? After all, Bessent is one of his closest advisers. On the other hand, the president loves Pulte's recent public attacks on social media against Fed Chair...
Treasury Secretary threatens housing regulator in explosive Trump admin fight: 'Punch you in your f---ing face'
Treasury Secretary Scott Bessent and Bill Pulte, director of the Federal Housing Finance Agency, got into an explosive argument last week.
Bessent says Trump admin willing to hit Russia with new sanctions in bid to end Ukraine war: 'All options are on the table'
Treasury Secretary Scott Bessent claimed that "all options are on the table" as the Trump administration weighs sanctions on Russia after President Vladimir Putin continued to bombard Ukraine.
Here are the jobs that qualify for Trump's 'no tax on tips' policy
The list of jobs is expected to be published in the Federal Register in the coming weeks.
House lawmakers to meet with Jeffrey Epstein's victims amid probe of 'suspicious' financial transactions
The private, bipartisan meeting with the survivors is the latest effort by the House Oversight Committee to uncover new details about Epstein's case.
US national debt soars past record $37 trillion -- years sooner than expected
Rapid run-up reflects emergency spending during the multi-year COVID-19 crisis, when the government borrowed heavily under Trump and Biden.