Department of the Treasury

DOGE Staffer Mistakenly Given Editing Access to Treasury Payments
DOGE Staffer Mistakenly Given Editing Access to Treasury Payments
February 12, 2025  |  Politics

When Elon Musk began digging into the U.S. Treasury, one phrase kept coming up: “Read-only access.” As in, Musk’s Department of Government Efficiency (DOGE) would...

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DOGE Pushed Back by Judge in Treasury Case
DOGE Pushed Back by Judge in Treasury Case
February 06, 2025  |  Politics

A judge has limited Elon Musk’s efficiency group’s access to the Treasury Department’s payment system. The order by U.S. District Judge Colleen Kollar-Kotelly came after...

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Treasury: Musk Has ‘Read Only’ Access to US Payment Systems
Treasury: Musk Has ‘Read Only’ Access to US Payment Systems
February 05, 2025  |  Politics

The U.S. Treasury says Elon Musk has only limited access to America’s payment systems. As the Wall Street Journal (WSJ) reported Tuesday (Feb. 4), the Treasury Department says it...

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Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
February 03, 2025  |  CFPB

The Consumer Financial Protection Bureau announced Monday (Feb. 3) that President Donald Trump designated Treasury Secretary Scott Bessent as the CFPB’s acting director Friday (Jan....

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Musk Says His DOGE Is Suspending Payments to Federal Contractors
Musk Says His DOGE Is Suspending Payments to Federal Contractors
February 03, 2025  |  Politics

Elon Musk says his government efficiency department (DOGE) is halting payments to federal contractors. “The corruption and waste is being rooted out in real-time,” Musk...

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Top Treasury Official Lebryk Quits Over Clash With Musk’s Department of Government Efficiency
Top Treasury Official Lebryk Quits Over Clash With Musk’s Department of Government Efficiency
January 31, 2025  |  Politics

U.S. Department of the Treasury Fiscal Assistant Secretary David A. Lebryk is reportedly leaving following a clash with Elon Musk’s allies. The disagreement involved a...

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Private Sector Will Pave Path for X-Border Payments Transformation
Private Sector Will Pave Path for X-Border Payments Transformation
November 26, 2024  |  Cross Border Commerce

The Treasury Department is pushing for frameworks and international standards for cross-border transactions — because if those foundations are not in place, risks abound. And,...

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Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
November 22, 2024  |  Cross-border Payments

The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department...

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Tether Condemns Wall Street Journal Report of Federal Investigations
Tether Condemns Wall Street Journal Report of Federal Investigations
October 25, 2024  |  Cryptocurrency

Cryptocurrency company Tether condemned a report from The Wall Street Journal (WSJ) posted Friday (Oct. 25) that said federal agencies are investigating the company for...

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