U.S. Treasury Department News and Updates
U.S. tech groups urge Washington to avoid curbs on open AI models
Pressure is building in Washington over how to respond to fast-improving Chinese artificial intelligence models and allegations of intellectual property theft. Major U.S. technology companies and ...
EU and U.S. regulators review digital finance and bank rules at Brussels forum
European and U.S. financial authorities are deepening regulatory coordination as cross-border issues in digital assets, banking and market structure remain high on the policy agenda. The latest ...
U.S. tech companies urge policymakers to avoid curbs on open-weight AI models
A growing debate over access to artificial intelligence models intensifies as Chinese open-weight offerings gain traction against leading American systems. The intervention from major U.S. ...
KBRA affirms KKR REIGN notes at BBB+, revises outlook to stable
Seven years into its 20-year investment and commitment period, KKR Return-Enhanced Investment Grade Notes are retaining their BBB+ rating as liquidity pressures show signs of easing. The $1.58 ...
Oklahoma businessman waives bankruptcy discharge after USTP probes hidden assets
A U.S. bankruptcy case in Oklahoma is leaving more than $120 million in debt exposed to collection after a businessman gives up his discharge. The court-approved waiver follows findings that ...
U.S. Treasury keeps 10 economies on currency monitoring list in latest trade report
The U.S. Treasury has submitted its semiannual report to Congress reviewing the macroeconomic and foreign exchange policies of major trading partners through December 2025. The assessment covers ...
U.S. Treasury keeps 10 economies on currency monitoring list in latest trade report
The U.S. Treasury has submitted its semiannual report to Congress reviewing the macroeconomic and foreign exchange policies of major trading partners through December 2025. The assessment covers ...
U.S. Treasury sanctions Hamas financing network tied to Muslim Brotherhood affiliates
The U.S. government is widening its counterterrorism financial crackdown with new sanctions targeting alleged fundraising and money-transfer channels linked to Hamas. The action reaches ...
U.S. Treasury promotes Trump Accounts as youth savings and ownership policy in Georgia
Treasury Secretary Scott Bessent used a speech in Georgia to frame Trump Accounts as a flagship economic policy tied to household savings, investment ownership, and support for families. The ...
U.S. Senate bill sets crypto oversight framework as August deadline nears
With Congress approaching its August recess, Senate Republicans are releasing the text of the Clarity Act to define how cryptocurrencies would be regulated in the U.S. The proposal addresses ...
Wealthy U.S. investors use bespoke ETFs to defer capital gains taxes
A niche ETF structure is gaining traction among wealthy U.S. investors seeking to diversify concentrated stock holdings without triggering an immediate capital gains tax bill. The strategy, known ...
U.S. Treasury warns hedge funds over tax alpha strategies as AMG shares fall
U.S. officials are stepping up scrutiny of fast-growing hedge fund strategies that aim to cut investors' tax bills through tax-loss harvesting and leveraged trading. The warning hits a niche that ...
Senate Democrats press Treasury over DOGE access to federal payment systems
Concerns over data security at the U.S. Treasury are intensifying after lawmakers sought details about DOGE employees' access to sensitive federal payment infrastructure in early 2025. The inquiry ...
U.S. weighs sanctions over alleged Chinese AI model distillation
Rising competition from Chinese open-weight artificial intelligence models is intensifying pressure on U.S. officials and technology companies as concerns grow over the country’s lead in the ...
U.S. Treasury defends 50% Canada tariffs as trade reciprocity
Trade tensions between the U.S. and Canada are escalating after Washington imposes new tariffs on a broad set of Canadian imports. The measures target nearly $20 billion in goods and are framed by ...
U.S. Treasury expands payment verification to block improper federal disbursements
A broader federal anti-fraud effort is reshaping how government payments are checked before funds are released. The new Treasury process screens payments against death records and has reviewed ...
U.S. Treasury expands sanctions on Iran-linked shipping network
The U.S. government is widening financial pressure on Iran by targeting a shipping and commodities network tied to Mohammad Hossein Shamkhani. The move covers more than 50 individuals, companies ...
Trump Accounts open registration for federally backed child investment savings
The Trump administration is rolling out federally backed investment accounts for children as it pushes families to begin saving through a new tax-deferred program. Eligible parents can register ...
U.S. Treasury launches Trump Accounts app nationwide
The U.S. Department of the Treasury is rolling out the full Trump Accounts app across the country as part of a broader push to expand child-focused savings and investment access. The platform ...
Wall Street groups seek further easing of U.S. Basel capital rules
U.S. banks are intensifying their campaign against Washington's Basel Endgame capital plans, arguing that the latest market risk proposals could disrupt trading in the Treasury market. The push ...
U.S. senators seek Treasury guidance on state stablecoin oversight under GENIUS Act
As the Treasury Department drafts rules for the GENIUS Act, a bipartisan group of senators is urging the agency to preserve a clear path for states to keep regulating smaller stablecoin issuers. ...
