Economy News Treasury Secretary Janet Yellen U S Economy Is Firing On All Cylinders, Consumers Are Holding Up

Bessent says government shutdown 'starting to cut into muscle' and economy may be losing billions per day

Treasury Secretary Scott Bessent warned the ongoing government shutdown could cost the U.S. economy up to $15 billion weekly as it enters its third week. Read More

Shutdown could cost US economy $15 billion a week, Treasury says

The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic ... Read More

U.S. Treasury's Yellen vows to boost transatlantic cooperation

Treasury Secretary Janet Yellen stressed the importance of cooperation with the European Union in a call with the European Commission's vice president for the economy, Valdis Dombrovskis, on Tuesday, ... Read More

U.S. shutdown hits real economy as Treasury juggles payments, says Scott Bessent

The U.S. government shutdown has started to dig into the real economy, Scott Bessent said on Monday, as the closure entered its 13th day. Speaking on Fox Business Network’s Mornings with Maria, Scott ... Read More

US Economy Warning Issued as Shutdown Hits Americans

The federal government shutdown, which began on October 1, is now in its third week with no resolution in sight. Read More