Browsing: Treasury

CNBC came out with a story this morning along the lines that the Treasury could potentially use the Treasury general account (TGA) to help finance Treasury buybacks (dealt with here). Big deal or no? We’d argue no, not really. Why?

Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs, a sign Wall Street investors remain worried about burgeoning government debt, heavy borrowing by tech firms, and the Federal Reserve’s commitment to fighting inflation

Interest rates rebounded Thursday despite efforts by U.S. Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs, a sign Wall Street investors remain worried about burgeoning government debt, heavy borrowing by tech firms, and the Federal Reserve’s commitment to fighting inflation

Marc Beckman, First Lady Melania Trumps senior advisor, discusses the ‘Trump Accounts’ investment program for children, advocating for auto-enrollment.