House Republicans want to draw new boundaries between the Federal Reserve and the U.S. Treasury. In a hearing held on Wednesday (March 18), the House Financial Services Committee’s Task...
The U.S. Treasury is investigating what it calls “rampant benefits fraud” in Minnesota. As part of this effort, the department’s Financial Crimes Enforcement Network (FinCEN)...
The U.S. and U.K. have established a task force to explore partnerships on capital markets and digital assets regulation. This effort is designed to bolster...
It’s official: the penny’s days are numbered. After more than two centuries of jingling in pockets, lining cash registers and fueling both nostalgia and frustration,...
After more than 200 years, it is time to say goodbye to the penny. As the Wall Street Journal (WSJ) reported Thursday (May 22), the...
The Department of Government Efficiency (DOGE) reportedly won a court battle Friday but is still blocked from accessing the Treasury payment system by an earlier...
The U.S. Treasury Secretary says a new government cost-cutting effort has found $50 billion in savings. Speaking to Fox News Tuesday (Feb. 18) evening, Scott...
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...