Amid internal discussions, officials confirm the Treasury Department will not trade oil futures, aligning with Trump’s stance against government market intervention.
Sources on March 6 indicated that the Trump administration decided against allowing the Treasury Department to engage in oil futures trading. After evaluating the proposal, officials determined the Treasury’s capacity to influence market prices was limited. This position is consistent with Donald Trump’s previously stated disinterest in intervening through the Strategic Petroleum Reserve, reflecting a broader policy of minimal direct government involvement in energy markets.