Treasury Department

Videos

Trump, Rutte Discuss Ukraine Peace Efforts As US Imposes Harsh Sanctions On Russia’s Oil Giants

NATO Secretary General Mark Rutte met with U.S. President Donald Trump at the White House, praising Trump’s efforts to broker a Middle East ceasefire and bring peace between Ukraine and Russia. The meeting came as the U.S. announced sweeping new sanctions on Russia’s top oil companies, Rosneft and Lukoil. Trump said it was “time” to act, while Treasury Secretary Scott Bessent vowed continued pressure on Moscow to end its war.

23 Oct 2025
News

Donald Trump sides with Democrats on debt limit in rare bipartisan deal

Donald Trump forged a surprising deal with Democrats in Congress on Wednesday to extend the US debt limit and provide government funding until 15 December

4 min read7 Sep 2017
News

The untold story behind Saudi Arabia's 41-year US debt secret

US would buy oil from Saudi Arabia and provide it military aid. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance US's spending

9 min read31 May 2016
Companies

Pfizer, Allergan to terminate $160-million merger deal

Obama government proposed tougher-than-expected new rules which made inversions like the Pfizer-Allergan deal harder to achieve

3 min read6 Apr 2016
Market

India's exposure to US govt securities touches $83 bn in December

India's exposure to US govt securities touches one-year high, amid US economy seeing signs of recovery

1 min read22 Feb 2015
News

Sony hack: US slaps new sanctions on North Korea

In an executive order, Obama has authorized to block individuals and agencies from accessing the US financial system and banning US citizens from engaging in business with them

2 min read3 Jan 2015
News

US Treasury, Fed kill idea of $1 trillion platinum coins to avert debt crisis

The US is expected to reach its authorized debt limit of $16.4 trillion in February

2 min read14 Jan 2013
Companies

JPMorgan faces money laundering probe: source

The US bank regulator to probe how JPMorgan’s systems are designed to prevent money laundering

1 min read16 Sep 2012
Politics

US Senate blocks Reid debt plan, bipartisan deal close

US Senate blocks Reid debt plan, bipartisan deal close

1 min read1 Aug 2011
Companies

Freddie Mac loses $6.3B in 3Q

Freddie Mac loses $6.3B in 3Q

1 min read7 Nov 2009