PYMNTS-MonitorEdge-May-2024

Treasury Department

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

Source: home.treasury.gov

Treasury Disbursed $242 Billion In Relief Funds To 90 Million Americans
Treasury Disbursed $242 Billion In Relief Funds To 90 Million Americans
March 17, 2021  |  Economy

President Joe Biden’s $1.9 trillion American Rescue Plan released its first tranche of pandemic relief, so far distributing an estimated $242 billion in payments to...

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Biden’s Treasury Pick Yellen Leary Of Crypto
Biden’s Treasury Pick Yellen Leary Of Crypto
January 21, 2021  |  Cryptocurrency

Janet Yellen, President Joe Biden’s nominee for Treasury Secretary, is expected to take a hard stance on cryptocurrencies, calling digital currency a “particular concern” that...

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Stimulus Check Visa Debit Cards Being Mailed To 8 Million Households
Stimulus Check Visa Debit Cards Being Mailed To 8 Million Households
January 08, 2021  |  VISA

Roughly 8 million stimulus check Visa debit cards are being mailed to households this week, the U.S. Treasury Department said in a press release on...

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Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami’s Reserves In Bitcoin
Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct...
January 01, 2021  |  Cryptocurrency

Indian FinTech Cashaa and the country’s United Multistate Credit Cooperative Society teamed up to launch what they say is the world’s first cryptocurrency bank branch...

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Janet Yellen, The Treasury — And What Might Be Next For Banks
Janet Yellen, The Treasury — And What Might Be Next For Banks
November 24, 2020  |  Economy

Nothing’s set in stone yet, but as the Biden administration settles in, we’ll get some clearer indications about what’s ahead for monetary policy — which...

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PPP, SMBs And The Challenges Of KYC
PPP, SMBs And The Challenges Of KYC
October 16, 2020  |  Loans

The House Select Subcommittee on the Coronavirus Crisis found the U.S. Treasury Department encouraged banks to prioritize existing customers applying for PPP loans — allegedly...

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Fights Over Loan Terms Delayed Main Street Lending Program
Fights Over Loan Terms Delayed Main Street Lending Program
July 12, 2020  |  Loans

More than three months ago, the U.S. Department of the Treasury and the Federal Reserve gave hope to small- to medium-sized businesses (SMBs) with the...

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Mnuchin: US Tax Day May Be Pushed Back
Mnuchin: US Tax Day May Be Pushed Back
June 23, 2020  |  Taxes

U.S. Treasury Secretary Steven Mnuchin said the deadline for taxes could be extended beyond the already elongated July 15 deadline, so as to help those...

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