Category: Department of Treasury

Biden Draws Bipartisan Ire for Leaving 3 Key Watchdog Jobs Vacant for More Than 2 Years

June 5, 2023
congressDepartment of StateDepartment of TreasuryDonald TrumpInspectors GeneralNational SecurityPolicies & ImpactsPoliticspresident joe bidenU.S. Agency for International DevelopmentUS
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House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) wants to know why President Joe Biden has failed to appoint Inspectors-General (IGs) at the departments of Treasury and State, as well as the United States Agency for International Development (USAID). Why three highly visible watchdog jobs remain unfilled in Biden’s third year in the…

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US Will Run Out of Money to Pay Bills by June 8: Goldman Analyst

May 22, 2023
Business & MarketsDepartment of Treasuryeconomic policieseconomyU.S. Debt CeilingUSUS Newsx-date
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Alec Phillips, a research chief political economist at Goldman Sachs, expects the United States to have time until June 8 before the country runs out of money to service its payments. Earlier, Treasury Secretary Janet Yellen had said that the X-date—the date when the United States will be unable to pay its bills and thus…

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Why Is Tennessee Looking for a Crypto Custody Service Provider?

April 25, 2022
bitcoinBusiness & EconomycryptocurrencyDepartment of TreasuryMarketsTennessee
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The Tennessee Department of Treasury is seeking vendors who can manage cryptocurrency on their behalf. In a request for proposals (RFP) letter, the department said that Tennessee doesn’t possess cryptocurrencies at present, but is working to safely hold digital assets in the near future. The department will first ensure the crypto custody service provider can provide services…

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