US Treasury Plans to Borrow $1.665 Trillion Over Next 6 Months

Investors will now focus on the Treasury’s borrowing plans. The U.S. Treasury plans to borrow $1.665 trillion over the next six months, the department announced on Feb. 3 in its first estimate under Secretary Scott Bessent. According to the Treasury Refunding Estimate, the Treasury projects borrowing $815 billion from January to March. This is $9

Minister Wilkinson Pitches Energy, Minerals Alliance to Trump Admin

Natural Resources Minister Jonathan Wilkinson is in the U.S. capital this week in hopes of forging an energy and minerals alliance with the Trump administration, which has just paused its tariffs on Canada. Wilkinson said the 30-day tariff reprieve is “welcome news” for the Canadian and U.S. economies and that he hopes to increase collaboration

Former Congressman Pleads Guilty to Wire Fraud Charges

Former Rep. Terrance John “TJ” Cox (D-Calif.) perpetrated fraud schemes, diverting funds, securing false loans, and misusing company money, prosecutors say. Former U.S. Rep. Terrance John “TJ” Cox (D-Calif.) pled guilty on Monday to wire fraud and wire fraud affecting a financial institution, federal prosecutors announced. Cox, 61, who represented California’s 21st Congressional District from

US Attorney Suggests Prosecutions Coming Over ‘Targeting’ of DOGE Employees

So far, few details have been released and it’s not clear what laws were violated. The acting U.S. attorney for the District of Colombia said Monday that groups or individuals may have violated laws by targeting workers with Elon Musk’s Department of Governmental Efficiency (DOGE) and that he’s preparing to take action. In a statement

Elon Musk Is ‘Special Government Employee,’ White House Confirms

Musk ‘can’t do and won’t do anything without our approval, and we’ll give him the approval where appropriate,’ Trump said. The White House on Monday confirmed that Space X and Tesla founder and CEO Elon Musk is considered a “special government employee” under the Trump administration amid questions about his work with the Department of

Senate Finance Committee Advances Nomination of RFK Jr. as HHS Secretary

Kennedy, who has been criticized by Democrats and Republicans for his stance on vaccines and comments on abortion, needs a simple majority to gain confirmation. Robert F. Kennedy Jr. took a step closer to becoming secretary of the Department of Health and Human Services on Feb. 4 when the Senate Finance Committee advanced his nomination