U.S. Deputy Treasury Secretary Michael Faulkender is leaving the Trump administration less than five months after being confirmed by the Senate, the Treasury Department said. Faulkender is the second ...

Trump nominated Faulkender, a University of Maryland finance professor, in December to serve as the No. 2 official at Treasury, where he had been assistant secretary of economic policy during Trump's ...

Michael Faulkender, the Treasury’s No. 2 official, is leaving the administration less than five months after being confirmed ...

US Federal Reserve Chair Jerome Powell is set to strike a careful balance in his much-anticipated speech at Friday’s central ...

A possible shift in the composition of the Federal Reserve’s portfolio of Treasury holdings could result in the central bank buying nearly $2 trillion of bills over the next two years, enough to ...

xAI cofounder Igor Babuschkin is leaving the AI startup he launched with Elon Musk. Babuschkin says he learned two lessons from Musk: Go at things head-on, and with urgency.

Treasury Secretary Scott Bessent said on Thursday that one of his top priorities is addressing the U.S. housing affordability crisis. "We are really going to work on this housing affordability crisis.

US Treasury Secretary Scott Bessent said Tuesday that interviews for Federal Reserve Chair Jerome Powell's replacement are set to take place around September 1 -- with 11 candidates being ...

U.S. Treasury Secretary Scott Bessent on Tuesday said several large trade agreements were still waiting to be completed, including with Switzerland and India, but the South Asian country had been ...

US Treasury Secretary Scott Bessent said it is still exploring budget-neutral ways to fund the Strategic Bitcoin Reserve after initially stating the department would not buy any Bitcoin.

Treasury Secretary Scott Bessent defended monthly jobs reports amid accuracy concerns, emphasizing the need for improved data collection rather than suspending monthly releases.