Treasury to auto-enroll up to 60 million children in Trump Accounts
Parents will no longer have to sign up for a Trump Account to get one for their child, with auto-enrollment beginning Oct. 1.
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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.
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
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.
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.
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.
In an exclusive interview with CBS News Texas during his North Texas visit, Scott Bessent said the Supreme Court's decision won't delay the new global tariff.
The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.
The administration alleges that 50% of the musician's royalties on streaming platforms go directly tothe Cartel del Noreste.
The U.S. Treasury sanctioned six leaders and affiliates of the Venezuelan gang Tren de Aragua, including the head of the group, known by the alias "Niño Guerrero."
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.
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 it produced.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
The U.S. says Ivan Cazarin Molina answers directly to Jalisco cartel leader "El Mencho" who has a $10 million bounty on his head.
A limited series of three coins features designs depicting different eras in the life of famed abolitionist and social activist Harriet Tubman.
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
Hitting "Date X" without raising the debt ceiling could lead the U.S. to default on its debt for the first time in its history.
Treasury Secretary Janet Yellen on Thursday helped mark a milestone in U.S. history when she held up a newly minted $5 bill signed for the first time ever by two women.
