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The US budget deficit has topped $1 trillion so far this year — and it’s expected to surge to more than double that within a decade

Trump during the 2016 presidential campaign promised he would eliminate government debt, and tweeted before his election: "Deficits not allowed!"
A trader works on the floor of the New York Stock Exchange (NYSE) on August 24, 2015 in New York City.

Trump is anxious a recession could tank his reelection chances, but officials aren’t openly bracing for one because they’re worried about ...

Reports say Trump has been sounding out business leaders about the prospects of the US economy while blaming the media for a potential recession.

The only thing we know about a ‘no deal’ with China is that it would be terrible for the world’s economy

Trump says the US may end up not making a trade deal with China, but it's unclear if that means tariffs on $250 billion of imports from China or more.
Trump and Qatari Emir Sheikh Tamim bin Hamad al-Thani at a dinner in the Treasury Cash Room on Monday. This was the dinner Sir Kim Darroch was reportedly frozen out of.

The UK ambassador who called Trump ‘inept’ was reportedly disinvited from a Treasury Department dinner. The White House will have plenty m...

Sir Kim Darroch angered President Donald Trump after leaked memos revealed that he called the Trump administration "inept" and "incompetent."

The treasury secretary’s wife finally explained what was going on in this bizarre photo

Louise Linton, wife of Treasury Secretary Steve Mnuchin, spoke out in a recent interview about her controversial tenure as a Cabinet wife.

China reportedly holds backdoor talks with tech companies ahead of G20 meeting with US

The Chinese government reportedly met with the companies to urge non-cooperation with President Donald Trump's ban on American technology sales.
Rep. Alexandria Ocasio-Corte and Sen. Elizabeth Warren

Alexandria Ocasio-Cortez and Elizabeth Warren question whether Trump’s Treasury secretary helped illegally strip Sears of billions and broke eth...

"He is a walking example of what happens when rich and powerful people put other rich and powerful people into power," Ocasio-Cortez said of Mnuchin.

The week Trump drove the stock market nuts: Here’s a play-by-play of how his trade war with China wreaked havoc and erased $1.4 trillion in mark...

The US stock market saw its historically strong start to 2019 derailed this week as President Donald Trump reignited his trade war with China.
House Speaker Nancy Pelosi (D-CA) speaks about the first 100 days of the 116th Congress during an interview with Robert Costa at the Washington Post, on May 8, 2019 in Washington, DC.

Nancy Pelosi jokes that so many people in the Trump administration deserve to be locked up that there isn’t enough room in jail

Pelosi was asked Wednesday whether Democrats would exercise rarely used powers to arrest Trump administration officials in contempt of Congress.
President Donald Trump with Chinese President Xi Jinping in Hamburg, Germany, during the plenary session at last year's G20 summit.

China detonated its tentative trade deal with the US by abruptly deleting swaths of text it didn’t want to commit to, report says

The Trump administration now plans to hike tariffs on $200 billion worth of Chinese goods in retaliation for China "retreating" from commitments.