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U.S. Treasury Secretary Janet Yellen's visit to Japan aims to strengthen economic ties with allies in the Pacific region ahead of an anticipated summit with Chinese officials. The visit comes at a critical time as trade tensions between Washington and Beijing escalate, making direct dialogue essential.
The US Treasury Department announced the inclusion of President Donald Trump's and Treasury Secretary Scott Pysent's signatures on the US dollar, celebrating the 250th anniversary of the founding of the United States. This historic move marks a significant change in the design of American currency.
U.S. Treasury Secretary Scott Pisent aims to fundamentally restructure the historical relationship with the Federal Reserve, drawing inspiration from the Bank of England model. This move could impact the independence of the U.S. central bank.