It could help the federal government deal with the debt mountain it's amassing from COVID-19 spending.
That's almost triple what the Treasury borrowed in the 2019 accounting year.
The treasury secretary also touched on Dodd-Frank, trade agreements and the tax overhaul in a wide-ranging interview with Kai Ryssdal.
The Fed is expected to raise interest rates multiple times this year, which could affect interest rates and yields in the broader bond market. Today a top bond trader at Goldman Sachs forecast the yield on the 10-year Treasury will rise to as high as 3.5 percent by the summer. We haven’t been in a […]
Treasury yields have dropped to the lowest they’ve been since November. What’s driving rates down? And what does that mean for U.S. consumers, U.S. businesses and the chair of the Federal Reserve? Click the audio player above to hear the full story.
The Obama Treasury Department made financial inclusion a priority. Will Trump?
"The fact there hasn't been a financial crisis is not a reason to unwind what we've done."
The US may be safer financially than it was eight years ago, but is it strong enough to weather weakness from around the world?