Auto Added by WPeMatico

‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields

Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady a rattled long-term Treasury market and bitcoin…

Continue Reading‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields

Bloomberg: US Strategic Bitcoin Reserve Stalls as Treasury and Commerce Battle for Control

President Trump’s Strategic Bitcoin Reserve has hit a jurisdictional snag, with the Treasury and Commerce departments vying over who should manage the government’s more than 300,000 BTC. A Turf War…

Continue ReadingBloomberg: US Strategic Bitcoin Reserve Stalls as Treasury and Commerce Battle for Control

US Treasury Opens ‘Trump Accounts’ to Stock Donations as 6 Million Families Enroll

The U.S. Treasury will accept philanthropic donations of publicly traded stock to fund Trump Accounts, Secretary Scott Bessent announced two days before the children’s savings program launched, with more than…

Continue ReadingUS Treasury Opens ‘Trump Accounts’ to Stock Donations as 6 Million Families Enroll