16 stories tagged #Treasury Department

  1. U.S. Strikes Iranian Military Sites; Crypto Sees $600M in Liquidations
    crypto

    U.S. Strikes Iranian Military Sites; Crypto Sees $600M in Liquidations

    U.S. forces struck Iranian military positions, triggering over $600 million in crypto liquidations and a $1 billion seizure of Iranian-linked digital assets.

    2d ago 1 min read
  2. US Seizes $1 Billion in Iranian Crypto, Nearly Triples Earlier Estimate
    crypto

    US Seizes $1 Billion in Iranian Crypto, Nearly Triples Earlier Estimate

    Treasury Secretary Scott Bessent reveals US has seized roughly $1 billion in Iranian digital assets, part of Operation Economic Fury.

    4d ago 1 min read
  3. Trump Executive Order Unveils New Retirement Plan with $1,000 Government Match
    finance

    Trump Executive Order Unveils New Retirement Plan with $1,000 Government Match

    President Trump signs order to create TrumpIRA.gov, a marketplace for workers without employer plans, including a 50% government match on retirement contributions.

    last mo. 1 min read
  4. US Ends Sanctions Waivers on Russian and Iranian Oil
    world

    US Ends Sanctions Waivers on Russian and Iranian Oil

    U.S. Treasury Secretary Scott Bessent announces the non-renewal of sanctions waivers for Russian and Iranian oil, signaling a shift in energy policy and potential impact on global markets.

    last mo. 2 min read
  5. US Authorities Scrutinize $1.8 Trillion Private Credit Market for Financial System Risks
    finance

    US Authorities Scrutinize $1.8 Trillion Private Credit Market for Financial System Risks

    Federal Reserve and Treasury Department assess potential spillover effects from the rapidly expanding private credit sector, examining bank and insurer exposures.

    last mo. 1 min read
  6. FDIC Proposes Rules for Stablecoin Issuers Under GENIUS Act
    crypto

    FDIC Proposes Rules for Stablecoin Issuers Under GENIUS Act

    Federal Deposit Insurance Corp approves formal approach to regulate stablecoin issuers as implementation of landmark legislation moves forward.

    2mo ago 1 min read
  7. Fed's Barr Urges Stronger Stablecoin Rules to Combat Money Laundering
    finance

    Fed's Barr Urges Stronger Stablecoin Rules to Combat Money Laundering

    Federal Reserve Governor Michael Barr calls for anti-money-lundering controls on stablecoins amid rising regulatory scrutiny.

    2mo ago 2 min read
  8. Trump Administration Shifts Student Loan Oversight to Treasury
    finance

    Trump Administration Shifts Student Loan Oversight to Treasury

    The Trump administration moves defaulted student loan management from Education to Treasury, signaling broader overhaul of $1.7T federal debt system.

    2mo ago 1 min read