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Treasury installs ally of Musk’s DOGE

Treasury installs ally of Musk’s DOGE as head of payment system

The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.

Forbes · 5h

DOGE Treasury Agent Reportedly Resigns After Racist Posts: Here’s What To Know About Musk’s Agency

DOGE has gained access to government employees' sensitive information via the Office of Personnel Management, payment systems at the Treasury Department and Centers for Medicaid and Medicare this week.

CNN on MSN · 2d

Treasury says Musk’s DOGE has not rejected payments in first attempt to clarify access granted to critical system

The Treasury Department said Elon Musk aides detailed to the agency have “read-only” access to its sensitive $5 trillion US payments system and that no payments have been suspended or rejected as part of an ongoing review.

Treasury, Fed

MarketWatch · 2h

Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says

It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on lowering borrowing costs by getting the 10-year Treasury yield down, not by pressuring the Federal Reserve to cut short-term rates.

Reuters · 22h

Bessent's focus on 10-year US Treasury yield may let Fed off the hook

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.

CNBC on MSN · 1d

Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates

The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,

Treasury Yields Rise

The Wall Street Journal on MSN · 3h

Treasury Yields Rise as U.S. Unemployment Surprisingly Falls

Treasury yields rise as the U.S. jobs market looks tighter than expected. January payrolls decreased to 143,000 from an upwardly revised 307,000 in December. That was less jobs created than the 169,000 forecast by economists surveyed by The Wall Street Journal.

MarketWatch · 6h

Treasury yields rise after U.S. jobs report

Treasury yields were higher on Friday, as investors weighed fresh data showing that jobs growth slowed more than expected in January while wage growth increased more than anticipated. The yield on the 10-year Treasury note was up about 2 basis points at around 4.

CNBC on MSN · 8h

Treasury yields rise after unemployment rate falls in January

U.S. Treasury yields were higher on Friday following the release of key January jobs data. The 10-year Treasury yield rose 4 basis points to 4.479%. The 2-year Treasury yield was last at 4.245% after rising by more than three basis points.

4hon MSN

'Elon and I are completely aligned on cutting waste,' says Treasury Secretary Bessent

Treasury Secretary Scott Bessent told Bloomberg that major savings could be made and DOGE was one of the most important ...

19hon MSN

Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

22h

US Treasury temporarily agrees to limit DOGE access amid privacy lawsuit

The U.S. Treasury Department has agreed not to give Elon Musk’s government efficiency agency access to its payment systems ...

18h

Treasury Sought to Freeze Foreign Aid Payments, Emails Show

Trump administration appointees and allies of Elon Musk wanted to use the Treasury’s sensitive payment system to block ...

19hon MSN

Trump administration agrees to restrict DOGE access to Treasury Department payment systems

The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...

20hon MSN

Judge Approves Limits on Sharing Treasury Data After Musk Allies Move In

Restrictions will remain in place for now while labor unions pursue a lawsuit over access to payments information.

19hon MSN

Treasury agrees to interim ban on Elon Musk's DOGE accessing the financial data of millions of Americans

Elon Musk has no access to the Treasury's tax and Social Security data, a government lawyer said. Treasury agreed to keep it ...

10h

Maddow Blog | Judge drops hammer on the Trump-Musk Treasury takeover gambit

Rachel Maddow looks at the outraged reaction to Elon Musk gaining access to the Treasury Department's system for making ...

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Treasury installs ally of Musk’s DOGE

Treasury, Fed

Treasury Yields Rise

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