Department Of Treasury news and trends

White House Faces Opposition to Efforts to Reduce CDFI Fund
Politics // March 20, 2025

White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems
Politics // February 14, 2025

The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency (DOGE) to access government payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Unregulated Crypto Poses Risks to Financial System, FSOC Report Says
Cryptocurrency // October 03, 2022

The U.S. Department of the Treasury’s Financial Stability Oversight Council has reported that crypto-asset activities “could pose risks” to the U.S. financial system’s stability, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CLEARR And CHOICE On The Hill, But Not On Payments Regs
Regulation // August 22, 2017

Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why should it be any different when it comes to payments and financial services? PYMNTS’ Karen Webster sat down with Bill...

Interviews & Exclusives
CLEARR And CHOICE On The Hill, But Not On Payments Regs

August 22, 2017
Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why should it be any different when it comes to payments and financial services? PYMNTS’ Karen Webster sat down with Bill Sullivan, senior director and group manager of Government and Industry Relations at NACHA, to get his thoughts on where things currently stand in Congress — and where they are going.

Quick Reads
Student Loan Defaults Could Reduce Consumer Spending by $63 Billion

May 02, 2025
Rising student loan defaults could reduce consumer spending by as much as $63 billion a year, according to Bloomberg Economics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

White House Faces Opposition to Efforts to Reduce CDFI Fund

March 20, 2025
White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Get the Full Story Complete the form to unlock...

Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems

February 14, 2025
The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency (DOGE) to access government payment...

Unregulated Crypto Poses Risks to Financial System, FSOC Report Says

October 03, 2022
The U.S. Department of the Treasury’s Financial Stability Oversight Council has reported that crypto-asset activities “could pose risks” to the U.S. financial system’s stability, a press release said. Get the...