40 stories tagged #Scott Bessent

  1. US Officials Warn Bank CEOs on AI Model Cyber Risks
    tech

    US Officials Warn Bank CEOs on AI Model Cyber Risks

    Treasury Secretary and Fed Chair brief top bankers on potential threats from Anthropic's advanced AI, urging robust defenses.

    last mo. 1 min read
  2. AI Threat Prompts Urgent Talks: Bessent, Powell Convene Bank CEOs
    crypto

    AI Threat Prompts Urgent Talks: Bessent, Powell Convene Bank CEOs

    US regulators convene top bank CEOs to address cybersecurity risks posed by advanced AI models like Mythos, fearing systemic impacts on the financial system.

    last mo. 1 min read
  3. DOLE Proposes 401(k) Crypto Access Rule
    crypto

    DOLE Proposes 401(k) Crypto Access Rule

    U.S. Department of Labor seeks to allow cryptocurrency investments in 401(k) plans, modernizing retirement savings.

    2mo ago 1 min read
  4. US Labor Department Proposes Safe Harbor Rule for Crypto in 401(k) Plans
    crypto

    US Labor Department Proposes Safe Harbor Rule for Crypto in 401(k) Plans

    A new proposal aims to give fiduciaries a clear framework to consider Bitcoin and other alternative assets for retirement savings.

    2mo ago 1 min read
  5. Crypto Selloff as Bond Market Stress Overshadows Geopolitics
    finance

    Crypto Selloff as Bond Market Stress Overshadows Geopolitics

    Bitcoin and ether retreat amid rising Treasury yields and shifting Fed expectations, highlighting crypto's sensitivity to macro liquidity conditions.

    2mo ago 1 min read
  6. Trump's Signature to Appear on U.S. Currency
    finance

    Trump's Signature to Appear on U.S. Currency

    President Trump's signature will feature on new U.S. banknotes, marking an unprecedented move for a sitting president.

    2mo ago 1 min read
  7. US Sanctions North Korean Network Over $800M Data Extortion Scheme
    tech

    US Sanctions North Korean Network Over $800M Data Extortion Scheme

    The U.S. Treasury sanctions six individuals and two firms tied to North Korea for stealing $800 million through cyber extortion and illicit crypto conversions.

    2mo ago 1 min read
  8. Trump Gold Coin Approved Amid Legal Debate
    world

    Trump Gold Coin Approved Amid Legal Debate

    The US Commission of Fine Arts unanimously approved a 24-karat gold coin featuring Donald Trump for America’s 250th anniversary, sparking controversy over its legality and symbolism.

    2mo ago 1 min read