Showing posts with label Department of Treasury. Show all posts
Showing posts with label Department of Treasury. Show all posts

Saturday, August 22, 2026

The Iran war is testing a depleted Treasury - POLITICO

“If you’re focused on everything, you’re focused on nothing,” said a former administration official, who, like others in the story, was granted anonymity to speak candidly. “If you’re a job candidate and you want to go work in the government and the writing on the wall is clear now that the Treasury Department is focused on Iran, can you recruit the best people to [help manage jittery investors in U.S. government debt]? Especially if you’ve seen the pattern of departures that you have?”

 https://www.politico.com/news/2026/08/21/bessent-portfolio-treasury-iran-01045672


 

Wednesday, May 20, 2026

Top Treasury lawyer exits amid $1.8B Trump ‘anti-weaponization’ fund - POLITICO

Brian Morrissey, who was confirmed by the Senate in October and served as Treasury’s top legal officer, stepped down on Monday. His departure came the same day the Trump administration announced it would create that $1.776 billion fund to resolve Trump’s lawsuit, an unusual arrangement that has provoked bipartisan criticism...

 https://www.politico.com/news/2026/05/19/morrissey-treasury-anti-weaponization-irs-00927843 


Tuesday, May 19, 2026

Wednesday, March 18, 2026

How Trump's Treasury is shifting sanctions to punish his critics and reward friends : NPR

"It's supposed to operate independent of personal interests, and it's supposed to reinforce our strategic interests, not advance personal vendettas," said former U.S. ambassador to Hungary, David Pressman. "And so what you're seeing in this particular instance is different than what has happened before."…

https://www.npr.org/2026/03/17/nx-s1-5675211/treasury-sanctions-trump-foreign-punish 


 

Thursday, February 13, 2025

Musk staffer 'mistakenly' given ability to edit Treasury Department payment system, legal filings say - ABC News

The high-profile mistake at BFS -- which effectively serves as the federal government's checkbook by disbursing more than $5 trillion annually -- comes as a federal judge in New York is weighing whether to continue to block individuals associated with Musk's Department of Government Efficiency from accessing Treasury Department records...

https://abcnews.go.com/Politics/musk-staffer-mistakenly-ability-edit-treasury-department-payment/story


 

Thursday, February 6, 2025

New CFPB head, Scott Bessent, orders staff to halt work : NPR

"Shutting down CFPB enforcement actions that are on the verge of delivering money into the pockets of working people is at odds with President Trump's claim that he wants to lower costs for families," Warren said in a statement...

Friday, January 31, 2025

Wednesday, January 1, 2025

US Treasury says it was hacked by China in 'major incident'

Chinese state-sponsored hackers broke into the US Treasury Department's systems earlier this month and were able to access employee workstations and some unclassified documents, American officials have said. 

The Treasury Department deemed the breach a "major incident" after disclosing it via a letter notifying lawmakers to the incident...

https://www.bbc.com/news/articles/c3weye2j0e7o 


 

Thursday, August 1, 2024

Opinion | How Trump’s Ideas Could Seriously Mess With Your Financial Life - The New York Times

There is an invisible glue that binds the economy. It determines the cost of your day-to-day life, such as your mortgage, credit card bills and business loans. You might not know it's there, but you'll sorely miss it if it ever goes away...

Wednesday, October 26, 2022

Florida judge orders DeSantis to hand over migrant flights records - POLITICO

DeSantis said he launched the migrant relocation program — which is being paid from interest earned off billions in Covid-19 relief aid provided to Florida by Congress — as part of an effort to draw attention to the immigration policies of President Joe Biden. But the flights were roundly condemned by Democrats, who called it a "political stunt" and akin to human trafficking. The Treasury Department's watchdog is currently looking into whether DeSantis improperly used money related to Covid-19 relief dollars...









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