Treasury Department

The Department of the Treasury is an executive department and the treasury of the United States federal government.

Source: home.treasury.gov

JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023  |  Banking

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Piepszak has predicted...

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Lawmakers Add Treasury Witness to Hearing on SVB, Signature Failures
Lawmakers Add Treasury Witness to Hearing on SVB, Signature Failures
March 21, 2023  |  Banking

The House Financial Services Committee wants to hear banking regulators’ view on the banking crisis. Top federal banking regulators are scheduled to testify before the...

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Report: Feds Probed Signature Bank Money Laundering Controls
Report: Feds Probed Signature Bank Money Laundering Controls
March 15, 2023  |  Bank Regulation

Signature Bank was reportedly the target of a criminal investigation prior to its downfall. Federal authorities were examining the bank’s relationships with its crypto clients,...

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Treasury Department Aims to Limit Federal Agencies’ Use of Checks
Treasury Department Aims to Limit Federal Agencies’ Use of Checks
January 09, 2023  |  Digital Payments

A federal agency is proposing more limits to the government’s use of paper checks. In a notice of proposed rulemaking (NPRM) that is to be...

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US Treasury Promotes Bank-FinTech Partnerships
US Treasury Promotes Bank-FinTech Partnerships
November 16, 2022  |  Bank Regulation

The U.S. Department of the Treasury issued a report Wednesday (Nov. 16) encouraging collaboration between banks and FinTechs, provided it is done responsibly. The report...

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Hopes for Crypto Regulations Fade as Midterm Elections Approach
Hopes for Crypto Regulations Fade as Midterm Elections Approach
October 05, 2022  |  Cryptocurrency

Neither the House of Representatives nor the Senate will pass a crypto regulation bill before the elections next month. That’s a pretty safe prediction, given...

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From White House, a Clear Call for Tighter Crypto Controls
From White House, a Clear Call for Tighter Crypto Controls
September 18, 2022  |  Cryptocurrency

The Treasury Department is looking to rein in crypto. It’s hard not to come to that conclusion when looking over the trio of reports it...

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Treasury Lends Tacit Support to Digital Dollar
Treasury Lends Tacit Support to Digital Dollar
September 16, 2022  |  CBDC

One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address...

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Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
September 16, 2022  |  Cryptocurrency

After six months of work, the U.S. Treasury Department has released a trio of reports on cryptocurrency policy, and instant payments are high on the...

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