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Treasury

All articles tagged with #treasury

Treasury Opens Free Cyber Threat Intel Sharing for Digital Asset Firms
technology1 day ago

Treasury Opens Free Cyber Threat Intel Sharing for Digital Asset Firms

The U.S. Department of the Treasury’s OCCIP announced a new no-cost program to provide eligible U.S. digital asset firms and industry groups with timely, actionable cybersecurity threat information to help identify, prevent, and respond to cyber risks, aligning with the President’s Working Group recommendations and GENIUS Act principles. Eligible entities can access the same high-quality intel used by traditional financial institutions, with details available by contacting [email protected].

Trump to have signature on future U.S. currency as 250th anniversary nod
economy15 days ago

Trump to have signature on future U.S. currency as 250th anniversary nod

The U.S. Treasury will add President Trump’s signature to future paper currency, starting with the $100 bill, replacing the treasurer’s signature to mark the Semiquincentennial; notes bearing Janet Yellen and Lynn Malerba’s signatures will still circulate, Trump’s portrait will not appear on the bills, and the first signed notes are expected to be printed in June and circulate later this year.

Trump's Signature to Appear on U.S. Currency for First Time
business15 days ago

Trump's Signature to Appear on U.S. Currency for First Time

The U.S. Treasury announced that President Trump’s signature will appear on U.S. paper currency for the first time, with the treasurer’s signature removed to commemorates the 250th anniversary; the initial $100 bills bearing both signatures will be printed in June, followed by other denominations, as part of Trump-branded moves on national symbols (even as living presidents on currency remains legally restricted).

world21 days ago

US eases limited Iran oil sanctions to curb price surge

The U.S. Treasury, led by Scott Bessent, temporarily lifts sanctions on about 140 million barrels of Iranian oil in transit for 30 days to blunt a short‑term global price spike tied to recent U.S.-Israel actions and Iran-related disruption. The move, framed as easing market shock under Operation Epic Fury, allows the sale of in‑transit shipments while restricting revenue access and maintaining broad sanctions pressure on Tehran.

Treasury to Oversee Federal Student Loans in Phased Takeover
policy21 days ago

Treasury to Oversee Federal Student Loans in Phased Takeover

Education Department will transfer the $1.7 trillion federal student-loan portfolio to the Treasury in phases, starting with about 9 million defaulted accounts; Treasury will handle default-collections and advise borrowers on returning to repayment, while borrowers should keep paying through their current servicer and watch for new repayment options. Advocates warn the move could worsen hardship and that Treasury lacks borrower-rights expertise; the shift follows a January pause on collections and comes as Biden’s SAVE plan is eliminated and Trump’s repayment overhaul pushes millions into new plans. The exact timeline for the pause and full rollout remains unclear.

US loosens Iranian oil sanctions for ships at sea to ease soaring prices
politics21 days ago

US loosens Iranian oil sanctions for ships at sea to ease soaring prices

The U.S. Treasury issued a temporary license allowing purchases of Iranian oil already loaded on ships, exempting buyers from sanctions through April 19 to help curb rising energy prices. Officials say the move could unlock hundreds of millions of barrels and relieve supply pressures, while stressing Iran won’t access most proceeds. The policy marks a wartime loosening of the “maximum pressure” approach and follows a similar temporary relief for Russian oil, drawing criticism from Democrats who warn it could bolster Tehran and Russia.

Treasury Pushes Ahead on 24K Trump Portrait Coin Amid Controversy
politics22 days ago

Treasury Pushes Ahead on 24K Trump Portrait Coin Amid Controversy

The U.S. Treasury, with the Fine Arts Commission’s approval, plans to mint a 24-karat gold commemorative coin bearing President Trump’s portrait, drawing support from some officials but sparking opposition from Democrats and the Citizens Coinage Advisory Council over legality and precedent. A separate $1 Trump coin is also in play, though it faces scrutiny and has not yet been reviewed by the CCAC. The gold coin is intended as a non-circulating collectible, while the $1 coin’s status remains contested.

Mandelson sought £547,201 payout after US ambassadorship amid Epstein links, files reveal
politics1 month ago

Mandelson sought £547,201 payout after US ambassadorship amid Epstein links, files reveal

New government files show Peter Mandelson sought a £547,201 payout after being sacked as UK ambassador to the US, with the Treasury later agreeing a £75,000 settlement (including £40,329.50 pay in lieu and £34,670.50 severance); the release flags Epstein ties as a reputational risk during vetting and notes Mandelson answered questions about the relationship.

Asheville to Host Key G20 Finance Meetings as US Unveils 2026 Agenda
world1 month ago

Asheville to Host Key G20 Finance Meetings as US Unveils 2026 Agenda

U.S. Treasury Secretary Scott Bessent unveiled the 2026 G20 Finance Track priorities, announcing Asheville, North Carolina will host the G20 finance ministers and central bank governors meeting as part of a pro-growth, regulation-modernization agenda that also emphasizes debt transparency and restructuring, a vibrant digital assets framework, improved cross-border payments, and financial literacy, with meetings scheduled in Washington in April, Asheville in August, Bangkok in October, and a December Leaders’ Summit in Miami.

Warren urges Fed and Treasury to reject crypto bailout for billionaires
politics1 month ago

Warren urges Fed and Treasury to reject crypto bailout for billionaires

Sen. Elizabeth Warren asks the Treasury and the Federal Reserve to explicitly rule out using taxpayer dollars to bail out cryptocurrency billionaires as bitcoin slides about 50% from its October peak, warning such a rescue would enrich Trump-linked crypto interests and harm taxpayers. She also calls for stronger protections for retail crypto investors amid a selloff driven by leveraged liquidations, citing World Liberty Financial’s activity and losses among major crypto figures.