Bessent moved to base after Iran's threats
Treasury Secretary Scott Bessent has been relocated to an undisclosed military base following threats from Iran. CBS News' Charlie D'Agata and Ed O'Keefe have more.
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Treasury Secretary Scott Bessent has been relocated to an undisclosed military base following threats from Iran. CBS News' Charlie D'Agata and Ed O'Keefe have more.
The Treasury Department is targeting a North Korean operation churning out stolen identities, fake résumés and fake IT employees who are infiltrating legitimate U.S. businesses.
The Trump administration is touting 70 million children enrolled in long-term investment accounts dubbed Trump Accounts. David Zervos, counselor to the Treasury secretary, joins "The Takeout" to discuss how the program works and more.
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Parents will no longer have to sign up for a Trump Account to get one for their child, with auto-enrollment beginning Oct. 1.
Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.
The U.S. bond market influences how much American consumers pay for loans and the interest they can earn on their savings accounts.
Chris Pilkerton, assistant secretary for investment security at the U.S. Treasury Department, is at the G20 summit in Asheville, North Carolina, and joins CBS News with more on what to expect.
President Trump says a new oil reserve agreement with Venezuela will "substantially lower gas prices," but experts say it could be years before the operation is up and running. Chris Pilkerton, assistant secretary for investment security at the U.S. Treasury, joins to discuss the deal.
Friday marks six months since the start of the Iran war. When it began, President Trump said it would last six weeks. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan joins with analysis.
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
America's national debt has climbed to $40 trillion after years of borrowing. CBS News chief White House correspondent Nancy Cordes reports on the Trump administration's response.
The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Juan Carlos Gonzalez, also known as "Pelon," is the stepson of "El Mencho" — real name Nemesio Oseguera — who was injured and later died in a military sweep.
It's the latest effort by President Trump to make his mark on Washington, D.C.
U.S. Central Command said it launched strikes against Iran on Tuesday after tanker attacks in the Strait of Hormuz. CBS News senior national security correspondent Charlie D'Agata has the details.
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about inflation, gas prices and Trump Accounts, which are now available.
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about Trump accounts, which officially launch on Saturday, as well as when gas prices could lower to pre-Iran war levels and wage growth for Americans.
Two men and nine companies are accused of being tied to a cartel-linked fuel theft ring intended to evade taxes while generating tens of millions of dollars annually.
The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran's regime, a source familiar with Treasury Secretary Scott Bessent's thinking told CBS News.
President Trump and the Justice Department reached a settlement Monday in his $10 billion lawsuit against the IRS and Treasury Department over his leaked tax returns. CBS News' Jake Rosen has more.
The Cartel del Noreste has been accused of trafficking weapons, drugs and people, and is characterized by its violent practices and extortion.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
Months after the U.S. minted its last penny, Americans are experiencing a shortage of the one-cent coin. CBS News reporter Kati Weis has the details on how some states are working on legislation to address the rounding issue in cash purchases.