Treasury Department

An official speaks at a White House podium during a press briefing, with presidential seal and American flags visible in the background.

August 30, 2026

Bessent Defends Yen Intervention as DHS Ends H-1B Grace Period and Russia Extends Diesel Export Ban

Treasury Secretary Scott Bessent defended yen intervention, DHS ended the H-1B grace period, and Russia extended its diesel export ban through September 2026.

Business·USA

US National Debt Crosses $40 Trillion as Interest Costs Top $1 Trillion

The U.S. national debt crossed $40 trillion this week, breaching a threshold that economists once considered theoretical. The Treasury Department confirmed that the total public debt outstanding reached $40 trillion on August 19, 2026, marking the first time the figure

August 20, 2026