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Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto
Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now
23.11.2020
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus...
‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans
7.10.2020
“It’s something we’re studying … this is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich
‘$2.6 Trillion’ Stimulus Bill With Second Direct Payments to Americans Ready for Voting
1.10.2020
US lawmakers are intensely discussing a new stimulus package that could cost between $2.2 trillion and $2.6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin heat up over the content of the bill. New Stimulus Bill: Final...
Fed Reserve Governor Brainard Said to Be Biden’s Choice for Treasury Secretary
25.9.2020
Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said
New Coronavirus Relief Package Proposed With Second Round of Stimulus Checks for Americans
25.7.2020
Republicans have proposed a new coronavirus relief package with a second round of stimulus check payments, a draft summary of the proposal confirms. According to Treasury Secretary Steven Mnuchin, the new package will be the “exact same proposal as last time.” New Covid-19 Relief...
Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins
3.7.2020
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example
Trump Told Treasury Secretary to ‘Go After’ Bitcoin, Bolton Book Reportedly Claims
18.6.2020
Former national security advisor John Bolton is said to have revealed the conversation in his book, scheduled for publication next week
Trump Told Treasury Secretary Mnuchin to ‘Go After Bitcoin’ – Former National Security Advisor John Bolton Says
18.6.2020
Former national security advisor John Bolton has reportedly revealed in his upcoming book an instruction about bitcoin that President Donald Trump gave to Treasury Secretary Steven Mnuchin. The U.S. Justice Department has filed a lawsuit against Bolton to stop the book’s release, claiming...
Insider Claims Trump ’Told Treasury Secretary’ to ’Go After’ Bitcoin
18.6.2020
Donald Trump has been "after" bitcoin (BTC) for at least two years now, allegedly stating the world's number one token is a fraud, per claims in a new tell-all book.
The United States President allegedly told Treasury Secretary Steven Mnuchin to crack down on the trading and selling...
Donald Trump Told Treasury Secretary to ‘Go After Bitcoin’
18.6.2020
According to John Bolton’s new book ‘The Room Where It Happened’, Trump was against Bitcoin long before his July 2019 Twitter tirade
The Problem With Money Is ‘Too Much Privacy,’ Says Ex-US Treasury Secretary Summers
11.5.2020
Former U.S. Treasury Secretary Larry Summers said there may be “too much privacy” associated with government-issued cash, noting the prevalence of money laundering and its widespread use for storing and moving the proceeds from corruption
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...
US Treasury Secretary Promises "Significant New Requirements" on Cryptocurrency
13.2.2020
Cryptocurrency remains a political issue in the United States
US Financial Crimes Watchdog Preparing ‘Significant’ Crypto Rules, Warns Treasury Secretary Mnuchin
12.2.2020
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity
Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
22.11.2019
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
US Treasury Secretary Says Firms Left Libra Due to Compliance Issues
14.10.2019
Steven Mnuchin has said that Facebook’s forthcoming Libra stablecoin is not ready to comply with existing money-laundering standards
US Treasury Secretary: Regulatory Fears Forced Libra Exodus
14.10.2019
U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards