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Trump's executive order to create a U.S. sovereign wealth fund raises important questions — as yet unanswered — around funding, governance, political interference and the purpose that such a fund would serve.
February 5
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Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws.
February 5
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The reality of banking is that some customers are riskier and more labor-intensive than some banks want to tolerate. If Congress doesn't like where banks draw the line, it needs to understand what moving it will entail.
February 5
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Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds.
February 5
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Committees in both the House and Senate will hold hearings this week about debanking — a term that means different things to different people.
February 4
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Sen. Tim Scott, R-S.C., the chairman of the Senate Banking Committee, said they would try to pass crypto and stablecoin bills in the first 100 days of the Trump administration.
February 4
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Tom Krause, the chief executive of Cloud Software Group, and Marko Elez, an engineer who has worked for SpaceX and social-media platform X, have offices in the Treasury Department, according to sources.
February 4
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The credit union suffered a ransomware attack in June 2024 that affected nearly all of its banking systems.
February 4
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The senators introduced legislation that would limit the interest rate card issuers are able to charge holders for the next five years.
February 4
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The president's rough-and-tumble trade negotiations have throttled financial markets, causing investors to flock to the safety of dollars and Treasuries. But some economists say this style of policymaking could have hurt the U.S.'s safe haven status in the long run.
February 4
