Interest on Treasury debt is now the largest single line-item expense in the US budget, so the Trump Administration needs to get the FOMC to lower the Fed funds rate.

Stocks fell with the dollar on Monday (May 19) after Moody's removed the United States' last gold standard sovereign bond ...

Treasury Secretary Scott Bessent said on Sunday, that tariff rates will go back to "reciprocal" levels if trade deals aren't made during the 90-day pause. “President Trump has put them on notice that ...