California AG files suit to block Elon Musk’s DOGE from accessing fed payment systems
Rob Bonta and a dozen other attorneys general say President Donald Trump lacks the constitutional authority to expand ...
Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting ...
Axios on MSN1h
Powell says Treasury payments system is safe
Federal Reserve chair Jerome Powell said he believes the Treasury Department's critical payments system is safe, reassuring ...
cryptopolitan1h
Fed chair Powell says he is committed to ending crypto debanking and pausing rate cuts
Federal Reserve Chair Jerome Powell told lawmakers today he’s committed to fixing the crypto debanking disaster, while reiterating that he isn’t cutting ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Mercury News3d
California News
SACRAMENTO — California Attorney General Rob Bonta moved forward Friday with a lawsuit to stop Elon Musk’s Department of Government Efficiency from accessing federal payment systems housing ...
Jerome Powell tells Congress Fed still in no rush to lower rates
With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need ...
Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance
The chair of the US Fed Board’s payments subcommittee, Christopher Waller, says he supports regulated stablecoins to help ...
American Banker5d
U.S. real-time payments are set for a boost. Here's why.
The lack of a government requirement has slowed adoption in the U.S., but there are signs demand is picking up.
CNN4d
Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID ...
The End Of The Fed?—Trump And Musk Attack As Gold And The Bitcoin Price Soar
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, ...