The Treasury Department’s new payment verification process stopped $175 million in payments that would have gone to deceased individuals during the past fiscal year, the...
The U.S. Treasury announced it would halt the production of the nation’s circulating one-cent coin this week, citing escalating manufacturing costs and deeming the currency...
Eliminating paper checks from government disbursements will reduce fraud and speed up the delivery of payments to recipients, three bank groups told the Treasury Department Monday (June...
Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...
The Treasury Department is reportedly taking the lead in the Trump Administration’s efforts to streamline oversight and ease regulation in the banking sector. Treasury Secretary Scott Bessent has been...
The federal government’s move to eliminate paper checks by Sept. 30 signals a massive shift toward digital transactions, potentially saving the Treasury $750 million. This...
The U.S. Treasury is preparing sweeping layoffs, the latest in a series of federal job cuts. That’s according to recent court documents flagged in media...
On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first...