U.S. Treasury Aims for $500 Billion Cash Reserve by End of July as Tariff Revenue Surges
📍 Washington, D.C. — July 9, 2025The U.S. Treasury Department has announced plans to rebuild its cash balance to $500 billion by the end of July, citing strong tariff revenue and increased short-term debt issuance as key drivers. The move follows the passage of President Donald Trump’s $5 trillion tax and spending bill, which included […]
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