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Us Treasury

All articles tagged with #us treasury

business1 day ago•4 min saved

Trump Accounts eyes auto-creation of 70 million child investment accounts

Altimeter Capital's Brad Gerstner says Trump wants to automatically create Trump Accounts for all American children—potentially up to 70 million—within about 90 days, pending coordination with the Treasury, White House, and SSA. The program is currently opt-in, with eligible newborns receiving $1,000 funded by the Treasury; private donors have contributed millions, and proponents argue auto-enrollment could raise participation and impact.

via Business Insider|

#auto-enrollment #business #child-accounts

world13 days ago•4 min saved

World Bank to end China lending by 2031, signaling Beijing’s graduation

The World Bank plans to phase out lending to China by 2031, capping new financing at up to $2 billion before Beijing graduates from the institution. The move, driven by bipartisan U.S. pressure and reflecting China’s growing economy, follows a decline in lending from about $2.4 billion in 2017 to roughly $750 million in 2025 and will end China’s borrower status with the Bank. Unlike Poland’s transition, the Chinese plan has no carve-outs for Ukraine or nuclear-energy financing, and it signals broader scrutiny of multilateral lending to rising economies.

via Financial Times|

#china #development-finance #global-economy

world22 days ago•24 min saved

Trump warns of action as US eases Iran oil sanctions

The US has issued a 60-day waiver allowing Iran to export oil in dollars for the first time in decades amid ongoing talks over nuclear inspections and sanctions relief, and Trump warned he’ll “do what I have to do” if Tehran breaches the ceasefire; the move comes as Tehran asserts control over the Strait of Hormuz under international law and diplomacy continues to unfold around Iran’s oil and energy dealings.

via The Independent|

#iran #oil #tehran

world1 month ago•16 min saved

US sanctions target Iran's crypto lifeline, signaling a new front in financial warfare

US Treasury designated Nobitex, Iran's largest crypto exchange, along with Wallex, Bitpin and Ramzinex, accusing Nobitex of handling more than half of Iran's 2025 digital-asset inflows and aiding IRGC-linked transactions, sanctions evasion and access to stablecoins. The move shows crypto can create alternative channels outside traditional finance but also raises enforcement challenges as Iran explores peer-to-peer trading and other crypto routes, while Washington seeks international cooperation to curb such activity.

via ایران اینترنشنال|

#cryptocurrency #iran-sanctions #irgc

economy1 month ago•2 min saved

Bond Yields Ease on Peace Hopes Amid Iran Tensions

Treasury yields declined across the curve after the Memorial Day break as markets priced in potential Middle East peace talks despite fresh U.S. strikes on Iran. The 10-year yield fell to 4.485%, the 2-year to 4.057%, and the 30-year to 5.009%, with investors eyeing April’s PCE inflation data and Fed signals later this week.

via CNBC|

#bond-market #economy #middle-east

markets1 month ago•2 min saved

Inflation fears spark global bond rout as yields push higher

Global bond markets sold off as inflation fears intensified, sending U.S. yields higher—10-year at 4.601%, 30-year at 5.128%, and 2-year at 4.086%—with German Bunds, Japanese JGBs and UK Gilts also rising amid policy uncertainty; oil prices jumped, reinforcing inflation risks for central bankers ahead of the G7 meeting.

via CNBC|

#global-bond-market #inflation #markets

technology3 months ago•2 min saved

Treasury convenes top banks to address AI cybersecurity risks from Mythos

The US Treasury summoned the heads of major systemically important banks to Washington to discuss cybersecurity risks tied to Anthropic's Mythos AI model after a code leak revealed vulnerabilities; attendees included Goldman Sachs, Bank of America, Citigroup, Morgan Stanley, and Wells Fargo, with Jamie Dimon invited but unable to attend. Anthropic has restricted Mythos' release and the government has designated Anthropic as a supply-chain risk.

via The Guardian|

#ai-cybersecurity #anthropic-mythos #cyber-risk

world5 months ago•4 min saved

Bessent: US sticks to strong-dollar policy, no yen intervention planned

Scott Bessent said the Trump administration remains committed to a strong-dollar policy and is not intervening in dollar–yen markets, fueling a dollar rally as traders reassessed intervention risk; he argued that sound fundamentals and policy will attract capital and strengthen the dollar over time, while speculation of official FX action has been denied.

via Financial Times|

#foreign-exchange #scott-bessent #us-dollar

world5 months ago•3 min saved

Bessent: Denmark’s bond role is irrelevant in Greenland tensions

At Davos, U.S. Treasury Secretary Scott Bessent dismissed concerns that Denmark or European investors could pressure Washington by selling U.S. Treasuries, calling Denmark’s bond holdings and the country itself 'irrelevant' amid tensions over Greenland. He noted a Danish pension fund’s divestment and pushed back on Deutsche Bank notes, blasted European rhetoric on Greenland and questioned the value of deploying troops there, as markets had already wobbled on Greenland fears and Japanese debt volatility ahead of Trump’s Davos appearance.

via politico.eu|

#bond-market #davos #denmark

business5 months ago•4 min saved

Europe Could Leverage $8 Trillion in U.S. Assets in Greenland Standoff

Deutsche Bank says Europe, as Washington’s main creditor, could weaponize roughly $8 trillion of U.S. bonds and equities to pressure the United States in the Greenland dispute, potentially curbing dollar exposure and influencing Treasury yields; Danish funds are already repatriating dollars, and the EU may deploy capital-market tools (“bazooka”) as tensions rise, highlighting the growing interdependence of European and U.S. financial markets.

via Seeking Alpha|

#business #debt-markets #deutsche-bank

business6 months ago•2 min saved

Argentina Fully Repaids US Credit Line Amid Market Recovery

US Treasury Secretary Scott Bessent's risky intervention in Argentina's currency market has been successful, with the US recovering its investment and no longer holding Argentine pesos in its stabilization fund, though challenges remain for Argentina's economy.

via BBC|

#argentina #business #currency-stabilization

world6 months ago•8 min saved

US Sanctions 29 Vessels Over Iran's Shadow Fleet Activities

The U.S. Treasury has imposed sanctions on 29 vessels and associated companies involved in Iran's shadow fleet, which illegally exports Iranian petroleum, aiming to cut off Iran's revenue used for military and weapons programs, and targeting key figures including Egyptian businessman Hatem Sakr.

via U.S. Department of the Treasury (.gov)|

#iran #petroleum #sanctions

local-government6 months ago•2 min saved

U.S. Penny Phase-Out Sparks Local and Collector Concerns

The discontinuation of penny minting by the US Treasury has led to a penny shortage in Clark County, Washington, causing issues for local government operations and prompting calls for federal or state guidance on how to handle cash transactions without pennies, with some businesses already rounding prices.

via Oregon Public Broadcasting - OPB|

#clark-county #coin-rounding #federal-government

business7 months ago•2 min saved

U.S. Treasury Rejects Xtellus-Lukoil Asset Deal

The U.S. Treasury has rejected a bid led by Xtellus Partners to acquire Lukoil's assets, citing restrictions on the use of sanctioned securities, despite the bid being favored by Lukoil. The assets, valued at around $22 billion, include oil and gas projects and filling stations across multiple regions. The group plans to escalate their offer and seek a license to access the securities, as negotiations continue with a deadline extended to January 17.

via Reuters|

#business #lukoil #oil-assets

business7 months ago•0 min saved

Debate Rises Over Kevin Hassett's Potential Fed Chair Role

Bond investors have issued a warning to the US Treasury regarding the potential appointment of Kevin Hassett as the Federal Reserve Chair, citing concerns over financial stability and market impact.

via Financial Times|

#bond-investors #business #fed-chair