#us-treasury

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#scott-bessent

Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources

Scott Bessent is expected to be appointed as U.S. Treasury Secretary with a focus on economic reform and deregulation.

Trump team prepares to announce Scott Bessent as Treasury pick

Scott Bessent is expected to be nominated as US Treasury secretary, responsible for key economic policy decisions under President-elect Trump.

Janet Yellen departs from office - as she leaves a trail of mess behind her

Yellen's tenure as Treasury secretary has created financial challenges that her successor will inherit, impacting the country's economy moving forward.

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Elon Musk endorses Howard Lutnick for US treasury, arguing for a departure from traditional approaches in favor of actionable change.

US Treasury pick Bessent 'is a fiscal hawk': Wall Street reacts

Scott Bessent's nomination as US Treasury Secretary signals potential changes in fiscal policy affecting the bond market and broader economy.

Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources

Scott Bessent is expected to be appointed as U.S. Treasury Secretary with a focus on economic reform and deregulation.

Trump team prepares to announce Scott Bessent as Treasury pick

Scott Bessent is expected to be nominated as US Treasury secretary, responsible for key economic policy decisions under President-elect Trump.

Janet Yellen departs from office - as she leaves a trail of mess behind her

Yellen's tenure as Treasury secretary has created financial challenges that her successor will inherit, impacting the country's economy moving forward.

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Elon Musk endorses Howard Lutnick for US treasury, arguing for a departure from traditional approaches in favor of actionable change.

US Treasury pick Bessent 'is a fiscal hawk': Wall Street reacts

Scott Bessent's nomination as US Treasury Secretary signals potential changes in fiscal policy affecting the bond market and broader economy.
morescott-bessent
#investment-restrictions

Why the US Government Banned Investments in Some Chinese AI Startups

US investors in Chinese AI startups will need to conduct extensive due diligence under new Treasury Department rules.

Biden to stop U.S. citizens from helping China's AI sector find talent as part of widened investment ban?

The U.S. Treasury's new rule limits American investments in China to counteract military and technological advancements.

Why the US Government Banned Investments in Some Chinese AI Startups

US investors in Chinese AI startups will need to conduct extensive due diligence under new Treasury Department rules.

Biden to stop U.S. citizens from helping China's AI sector find talent as part of widened investment ban?

The U.S. Treasury's new rule limits American investments in China to counteract military and technological advancements.
moreinvestment-restrictions
#taxpayer-savings

Treasury Department Leverages AI to Save Billions in Taxpayer Money

AI has significantly contributed to preventing and recovering over $4 billion from fraud for the U.S. Treasury Department over the past year.

Treasury Department Leverages AI to Save Billions in Taxpayer Money

The U.S. Treasury Department has saved over $4 billion in taxpayer dollars by utilizing AI in fraud detection.

Treasury Department Leverages AI to Save Billions in Taxpayer Money

AI has significantly contributed to preventing and recovering over $4 billion from fraud for the U.S. Treasury Department over the past year.

Treasury Department Leverages AI to Save Billions in Taxpayer Money

The U.S. Treasury Department has saved over $4 billion in taxpayer dollars by utilizing AI in fraud detection.
moretaxpayer-savings

Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.

The U.S. Treasury is tightening scrutiny on foreign real estate deals near military bases following national security concerns over a China-linked crypto operation.
#sanctions

US targets Russia with fresh sanctions

The US imposed sanctions on 400 companies and individuals aiding Russia's war effort, aiming to weaken its military capabilities.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

U.S. sanctions on Cambodian businessman Ly Yong Phat highlight his alleged involvement in human rights abuses, including human trafficking linked to pig butchering scams.

US targets Russia with fresh sanctions

The US imposed sanctions on 400 companies and individuals aiding Russia's war effort, aiming to weaken its military capabilities.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

U.S. sanctions on Cambodian businessman Ly Yong Phat highlight his alleged involvement in human rights abuses, including human trafficking linked to pig butchering scams.
moresanctions
#stablecoins

Stablecoins Are Becoming Systemically Important, Bernstein Says

Stablecoins are vital to the global financial system, now holding significant U.S. government debt and reaching $170 billion in circulation.

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The U.S. Treasury Department's committee views tokenization as beneficial for financial assets while warning of risks associated with stablecoins.

Stablecoins Are Becoming Systemically Important, Bernstein Says

Stablecoins are vital to the global financial system, now holding significant U.S. government debt and reaching $170 billion in circulation.

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The U.S. Treasury Department's committee views tokenization as beneficial for financial assets while warning of risks associated with stablecoins.
morestablecoins
#inflation-reduction-act

Treasury extends clean energy manufacturing tax credit to some miners

The U.S. Treasury allows some mining companies access to tax credits to enhance domestic production of critical minerals for clean energy.

US Treasury says Yellen tests positive for COVID, working from home By Reuters

Yellen is working from home after testing positive for COVID-19, continuing her duties remotely.

Treasury extends clean energy manufacturing tax credit to some miners

The U.S. Treasury allows some mining companies access to tax credits to enhance domestic production of critical minerals for clean energy.

US Treasury says Yellen tests positive for COVID, working from home By Reuters

Yellen is working from home after testing positive for COVID-19, continuing her duties remotely.
moreinflation-reduction-act

Is gold safer than U.S. Treasury bonds as federal debt keeps soaring?

Gold may replace U.S. Treasuries as the new safe investment amid increasing government debt and changing market dynamics.
#fraud-detection

The US Treasury is using AI (a vehicle for fraud) to detect fraud

The US Treasury successfully used AI to detect and recover over $4 billion in fraud payments last fiscal year.

AI helped the feds catch $1B of fraud in 1 year

The US Treasury's use of AI in fraud detection has significantly improved financial crime recovery, with over $4 billion recovered in fiscal 2024.

The US Treasury is using AI (a vehicle for fraud) to detect fraud

The US Treasury successfully used AI to detect and recover over $4 billion in fraud payments last fiscal year.

AI helped the feds catch $1B of fraud in 1 year

The US Treasury's use of AI in fraud detection has significantly improved financial crime recovery, with over $4 billion recovered in fiscal 2024.
morefraud-detection

AI helping US Treasury bust fraudsters, saving billions

AI technology has significantly enhanced the US Treasury's ability to prevent fraud, saving $4bn in improper payments during the 2024 fiscal year.

Feds Crack Down on Illicit Use of All-Cash Real Estate Deals for Money Laundering

The U.S. Treasury's new rule requires the disclosure of identities for all-cash homebuyers using shell companies to prevent money laundering.

R.I.P. Unhosted Wallet Rule

The U.S. Treasury Department formally withdrew a controversial proposal for know-your-customer requirements on unhosted wallets, ending years of backlash from the crypto industry.

US sanctions Haiti ex-President Martelly for drug ties DW 08/20/2024

The US Treasury has sanctioned former Haiti President Michel Martelly for facilitating drug trafficking and exacerbating Haiti's ongoing crises.

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule

Coin Center's lawsuit against the IRS over crypto transaction disclosure is permitted to proceed, highlighting concerns about privacy rights and government surveillance.

'Dr. Doom' Nouriel Roubini accused the Treasury Dept. of 'usurping' the Fed-Janet Yellen is having none of it

US Treasury Secretary refuted accusation of manipulating Treasury securities issuance to reduce borrowing costs.

Tax revenue jumps 22% in April. But US deficit still looms large

US Treasury ran a surplus in April due to a 22% increase in tax payments, but is still projected to have a deficit over $1.5 trillion for the year.

The Euro recovers today as the yield gap with Treasuries narrows - London Business News | Londonlovesbusiness.com

Euro gains despite German Business Climate survey decline and US Treasury yield narrowing support
Euro hurt by Eurozone economic data and US outperformance, causing yield gap widening
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