Trump has turned the dollar into a foreign policy tool, a move economists say could backfire
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it...
archiveScott Bessent
Quiz: Which historical figures have been on U.S. currency?
Quiz: Guess which historical figures have been on US moneyWASHINGTON —Treasury Secretary Scott Bessent revealed a mock-up last Thursday of...
Trump on a $250 bill? Currency would celebrate U.S.’s 250th anniversary
U.S. Treasury Secretary Scott Bessent this week suggested Congress should pass a law to allow President Donald Trump to be...
Trump’s face on new $250 bill? White House pushes for historic currency redesign
The White House is pushing for President Donald Trump's face to be featured on a newly designed $250 bill. If...
Milei guts China currency lifeline after Trump ultimatum on financial ties: reports
Argentina is on the verge of settling its debt with China’s central bank, winding down a currency lifeline that kept...
Eric Trump says family assets invested in ‘broad market indexes’ — Trump’s own disclosure lists 3,642 individual trades
On May 14, the U.S. Office of Government Ethics released two disclosure filings showing President Donald Trump executed 3,642 stock...
Scott Bessent made a billion betting against a faked currency. On China’s, he’s silent
In 1992, a 29-year-old Scott Bessent looked at the Bank of England and saw something no one else did. The...
What are currency swap lines? How it is being used to maintain dollar dominance
When the UAE threatened to use Chinese currency if it was not given currency swap lines, it was seen as...
S&P 500 extends winning streak to 6 weeks. What drove the stock market gains
Another superb week for stocks is in the books. The S & P 500 and Nasdaq rallied on Friday to...
Fed Data Suggest Japan Sold US Debt Amid Intervention
(Bloomberg) -- The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time...
