President Trump signed the executive order for a US sovereign wealth fund during a Feb. 3 press event in the Oval Office. The ...

The lawsuit accused Treasury Secretary Scott Bessent of giving Musk's Department of Government Efficiency access to sensitive ...

Oklahoma Gov. Kevin Stitt announced he's launching his state's own Division of Government Efficiency, a reference to the Musk ...

Trump has also given the unelected billionaire control of a Treasury Department unit that carries out 90 percent of all ...

If created, the sovereign wealth fund could place the US alongside numerous other countries, particularly in the Middle East and Asia, that have launched similar funds as a way to make direct investme ...

Darren Beattie, a conservative journalist who was fired from the Trump administration in 2018 after revelations about his ...

Elon Musk has been named as a special government employee, which subjects him to less stringent rules on ethics and financial ...

The remarks came during a two-hour gathering between the Treasury secretary and GOP members of the House Financial Services Committee.

Treasury Secretary Scott Bessent has moved to temporarily halt the Consumer Financial Protection Bureau's work investigating ...

Three U.S. government employee unions filed a lawsuit Monday against the Treasury, alleging that its sharing of confidential ...

A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.

President Trump has agreed to put tariffs on both Canada and Mexico on hold — for now. Earlier in the day, Trump talked to Mexican President Claudia Sheinbaum and agreed to put planned tariffs on ...