US Treasury chief takes over consumer watchdog, freezes all activity
U.S. President Donald Trump on Monday tapped newly confirmed Treasury Secretary Scott Bessent as acting director of the ...
Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
Treasury Department sued over DOGE takeover
Lawmakers have also called for investigations into Musk’s apparent takeover of the Treasury Department. Over the weekend, ...
Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...
Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions ...
Elon Musk targets closure of US humanitarian aid agency
The Trump administration on Monday locked U.S. Agency for International Development workers out of their headquarters in ...
How an arcane Treasury Department office became ground zero in the war over federal spending
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...
Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
Musk Says DOGE Halting Treasury Payments to US Contractors
Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, ...
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Elon Musk May Now Have Unique Sway Over the US Treasury
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'We would call it a coup': watchdogs and Dems attack Elon Musk Treasury Department takeover
The dramatic power play began Friday, continued through the weekend -- and poses extraordinary and unprecedented threats to US security, lawmakers say ...