Treasury watchdog begins audit of Musk DOGE team’s access to the US government’s payment system
The audit will also review the past two years of the system's transactions as it relates to Musk's assertion of ...
Tag: U.S. Department of the Treasury
Elon Musk wants the U.S. Treasury to be on a blockchain. That’s a terrible idea—take it from a big proponent of the technology
Even if security issues are ironed out—a big if—no one blockchain today could handle the sheer volume of Treasury payments. ...
U.S. gold reserves could add $750 billion to Treasury overnight
Treasury Secretary Scott Bessent (left) pledged to "monetize" America's assets when Donald Trump (center) signed an executive order calling for ...
Musk’s DOGE team now seeks access to Treasury’s accounting data
Musk will dispatch a DOGE team to Parkersburg, West Virginia, where it will gain read-only access to the US government’s ...
Musk says DOGE is halting Treasury payments to US contractors
Musk said DOGE was shutting down payments to Lutheran Family Services, a faith-based charity that has been providing social services ...
Elon Musk’s DOGE gains access to Social Security payment data
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Trump’s pick for Treasury secretary discloses assets worth at least $521 million, including a home in the Bahamas and S&P 500 ETFs
The actual value of his assets is likely much higher as several of his top holders were listed simply as ...
Bessent to sell hedge fund stake if confirmed to lead Treasury
The hedge fund manager disclosed assets worth at least $521 million in his personal financial disclosure. Read More Source link
Computers of senior US Treasury leaders accessed in hack
The US Treasury building in Washington, DC, US, on Tuesday, Dec. 31, 2024. The US Treasury Department was hacked by a Chinese ...
Treasury Department says a China state-sponsored cyberattack gained access to workstations and documents
The incident happened earlier this month, when a third-party cybersecurity service provider was compromised. Read More Source link
Treasury Department to take ‘extraordinary measures’ after hitting $36 trillion debt limit as soon as mid-January
On Jan. 2, the debt will dip temporarily due to a scheduled redemption of nonmarketable securities held by a federal ...
Congress to vote on new restrictions on U.S. investment in China
Newly-elected members of the U.S. Congress pose for a photo on the steps of the U.S. Capitol in Washington, U.S., ...
Dollar rally cools after Trump picks Scott Bessent for Treasury
President-elect Donald Trump’s nomination of Scott Bessent to oversee the US Treasury is taking some heat out of the dollar’s ...
Scott Bessent made billions on Wall Street with these big bets
Little has been reported about Bessent’s personal wealth. And unlike hedge fund peers such as Ray Dalio and Ken Griffin, ...
Scott Bessent ‘is a fiscal hawk’: Wall Street reacts to Treasury pick
Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming ...
Trump team prepares to announce Scott Bessent as Treasury pick
President-elect Donald Trump’s transition team is preparing to announce that he has selected Scott Bessent, who runs macro hedge fund ...
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
Trump also said he would nominate Russel Vought to lead the Office of Management and Budget, a position Vought held ...
Trump is thinking about Kevin Warsh to be his Treasury secretary—and to replace Jerome Powell
President-elect Donald Trump could be considering a former member of the board of governors of the Federal Reserve to be ...
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