China has rejected US Treasury Secretary Scott Bessent's call to participate in new, severe sanctions aimed at collapsing Iran's economy. Beijing maintains that diplomatic engagement is the only viable path, despite US threats of consequences for trade partners.
Bitcoin surpassed its 200-day moving average for the first time since November 2025, reaching nearly $73,000. The rally follows a US Treasury announcement to increase liquidity-support buybacks, boosting investor risk appetite.
US Treasury Secretary Scott Bessent urged China to join Washington's campaign to economically isolate Iran following the collapse of negotiations to reopen the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent discusses maximum economic pressure on Iran and attempts to calm bond markets through a debt buyback, while global markets react to corporate earnings, crypto legislation, and economic data.
The US Treasury is doubling government debt buybacks to stabilize the bond market after 10-year, 20-year, and 30-year yields reached 20-year highs. Meanwhile, Federal Reserve minutes reveal internal disagreement over further interest rate hikes to combat 3.4% inflation.
Ryan Michael English was sentenced to six years in prison for plotting to kill US Treasury Secretary Scott Bessent. English surrendered to police at the US Capitol in January 2025 while carrying a knife and two Molotov cocktails.
Gold prices surged across major Indian cities on August 20, 2026, as jewellers like Tanishq and Malabar raised 22k rates following a global precious metals rally driven by US Treasury liquidity support.
Bitcoin surged 6% to $69,749, reaching its highest level since June 2, following a US Treasury announcement to at least double debt buyback operations to $4 billion.
Bitcoin jumped from $64,100 to near $70,000 after the US Treasury unexpectedly doubled its long-dated government debt buybacks, triggering a $1.4 billion short squeeze. However, hawkish Fed minutes and heavy upcoming bond supply pose lingering risks.
US national debt surpassed $40tn for the first time, reaching $40.047tn according to the US treasury department, following years of government spending under both Donald Trump and Joe Biden.
The US Treasury Department issued a notice of proposed rulemaking for the GENIUS Act stablecoin framework, opening the rule to a 60-day public comment period ahead of the law's January 2027 implementation.
The US Treasury plans unprecedented economic pressure on Iran, considering options like targeting Chinese oil purchases, exchange houses, and secondary sanctions, though critics remain skeptical over potential economic blowback.
The US Treasury Department and IRS have proposed rules enabling employers to contribute up to $2,500 tax-free annually to employees' dependent children's Trump Accounts, with employees also able to make pre-tax contributions via payroll.
Japan's yen slides toward 160 per dollar as traders test US resolve. US Treasury Secretary Scott Bessent intervenes to preserve the yen carry trade that funds US tech and AI investments.
The US Treasury will auction $125 billion in notes and bonds from August 11 to 13, coinciding with July CPI and PPI inflation reports. The sequence will test bond demand and examine any correlation with Bitcoin price movements.
The US Treasury Department's OFAC sanctioned digital asset exchanges Shelbit and Aban Tether, alongside Iranian national Siavash Kayvanpour, for allegedly laundering billions of dollars and facilitating sanctions evasion to support Iran's IRGC.
US Treasury yields dropped after unexpected job losses of 23,000 in July, complicating Fed's interest rate decision with inflation still elevated.
US Treasury Secretary Scott Bessent declared the 'K-shaped economy' over in a CNBC interview, citing wage gains for lower earners, even as polls show inflation remains Americans' top concern.
The US Treasury sanctioned Waldo Perez Cortes, Cuba's military attache in Beijing, for facilitating the procurement of military equipment from China for Cuba's armed forces.
Bank reserves fell by $77.579 billion on a weekly-average basis while the US Treasury raised its July-September borrowing estimate by $68 billion, placing scrutiny on Bitcoin's liquidity environment.
Tyler Williams, a senior US Treasury official overseeing digital asset policy and adviser to Treasury Secretary Scott Bessent, has left the department. His departure comes as Congress remains deadlocked over the CLARITY Act.
The Japanese yen surged to a two-month high after a rare joint currency intervention by Tokyo and Washington, following its drop to a 40-year low. US President Donald Trump called the move a "signal of friendship," with analysts noting Japan's favorable window and US aims to limit Treasury selling pressure.
US Treasury Secretary Scott Bessent inadvertently exposed plans for a $5bn-$10bn Japanese yen purchase during a Camp David cabinet meeting, captured by a Reuters photographer. This revelation coincided with reports of US and Japanese intervention to strengthen the yen, which had recently hit a 1986 low.
US government borrowing costs reached 2007 levels after the Federal Reserve held interest rates steady, fueling investor fears about inflation and the economy's ability to absorb rising prices, with 30-year Treasury yields hitting a 19-year high and stocks falling sharply.
