To lower borrowing costs for Americans, the Trump administration says it is going to cut spending and increase energy production. Although President Trump continues urging the Fed to reduce short-term interest rates,

President Donald Trump suggested that Elon Musk’s government efficiency team has found irregularities while examining data at the US Treasury Department, and intimated that may lead the US to disregard some payments.

President Donald Trump on Sunday said that his administration is investigating the U.S. national debt, suggesting that certain Treasury payments may be fraudulent and "might not count." Speaking aboard Air Force One,