Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The rule was enacted to “make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies ...
Roll Call11d
Warren puts Treasury nominee on the spot ahead of hearing
Faulkender is due to appear before the Finance Committee on Thursday when the panel reviews his nomination to be deputy Treasury secretary. Committee Democrats objected to the scheduling of his ...
Marketplace11d
10-year Treasury yields are falling. Want the good news first?
Last month, Treasury Secretary Scott Bessent told reporters that the Donald Trump administration is interested in bringing down yields on 10-year Treasury bonds. As we reported at the time ...
Newsday13d
Treasury ends enforcement of business ownership database meant to stop shell company formation
WASHINGTON — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening ...
New York Post26d
DOGE discovers $4.7 trillion in Treasury payments were missing critical code: ‘Traceability almost impossible’
The Department of Government Efficiency (DOGE) announced Monday that some $4.7 trillion in payments from the Treasury Department were missing a critical tracking code, which made tracing the ...
Politico29d
Watchdogs probe DOGE’s access to Treasury payments system, Musk’s fraud allegations
Two government watchdogs have opened inquiries related to Treasury Secretary Scott Bessent’s decision to allow associates of Elon Musk’s Department of Government Efficiency team to access the ...
Fox News10d
Trump Treasury confirms it's eyeing IRS for 'streamlining' shake-up as tax season heats up
The Trump administration's Treasury Department is in the midst of weighing a "wide range" of possibilities to streamline the Internal Revenue Service amid reports up to half of the IRS staff could ...
Fox News29d
Judge extends order blocking Musk’s DOGE team from Treasury payment system
A federal judge on Friday extended a temporary order that blocks Elon Musk's Department of Government Efficiency (DOGE) team from accessing payment systems within the Treasury Department.
Fortune29d
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
Nic Puckrin is an ex-Goldman Sachs analyst and cofounder of The Coin Bureau, a blockchain educational hub. Elon Musk in the Oval Office at the White House on Tuesday ...
New York Post9d
Treasury’s Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’
Treasury Secretary Scott Bessent staunchly defended President Trump’s tariffs on Thursday, arguing that trade policy should focus less on getting the lowest possible prices and more on putting ...
Newsday9d
A judge in the nation's capital declines to block DOGE from Treasury systems
WASHINGTON — A federal judge in Washington refused Friday to block employees of Elon Musk’s Department of Government Efficiency from accessing Treasury systems containing sensitive personal ...