
Daniel Flatley
US Treasury Reporter at Bloomberg News
Reporter @business covering national security with a focus on economic issues. Former Marine. West Virginia native. E-mail: [email protected].
Articles
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5 days ago |
fortune.com | Daniel Flatley |Gregory Korte
Bessent, in a letter to House Speaker Mike Johnson, said that “after reviewing receipts from the recent April tax filing season, there is a reasonable probability that the federal government’s cash and extraordinary measures will be exhausted in August while Congress is scheduled to be in recess.” Bessent urged Congress to “increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States.” That timeline puts pressure on...
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5 days ago |
news.bloomberglaw.com | Daniel Flatley |Gregory Korte
Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted in August.
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5 days ago |
bloomberg.com | Daniel Flatley |Gregory Korte
Scott Bessent (Bloomberg) -- Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted in August.
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5 days ago |
news.bloomberglaw.com | Daniel Flatley
President Donald Trump plans to nominate attorney Jonathan McKernan as the Treasury Department’s head of domestic finance, Secretary Scott Bessent announced in a statement Friday. McKernan was previously nominated to lead the Consumer Financial Protection Bureau, and sat for a Senate confirmation hearing for that role alongside other nominees earlier this year. He has been working as an adviser at the Treasury while awaiting confirmation, the department said.
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5 days ago |
bloomberg.com | Daniel Flatley
Jonathan McKernan(Bloomberg) -- President Donald Trump intends to nominate attorney Jonathan McKernan as the Treasury Department’s head of domestic finance, a surprise move given he was previously tapped to run the Consumer Financial Protection Bureau. McKernan has been working as an adviser at the Treasury while awaiting confirmation for the CFPB role, Secretary Scott Bessent said in a statement Friday.
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