The Latest Breaking News from the US Department ofTreasury

Trump Accounts Get Massive Expansion: More Than 60 Million Children Automatically Enrolled

Parents or guardians still have to claim their child's account and elect to receive the federal seed contribution.

International Business Times · Oct 1

Treasury Proposes New Stablecoin Rules Under GENIUS Act — Here’s Who Could Be Affected

The U.S. Department of the Treasury has issued a notice of proposed rulemaking aimed at implementing Section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which established a comprehensive federal framework for regulating payment stablecoins. The proposal was published in the Federal Register on August…

The Free Financial Advisor · Aug 19

US de-lists four Indian companies from Russia-linked sanctions

In a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused of supplying critical technology to Russia's military, have now been delisted by the Office of Foreign Assets Control. The firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya…

The Economic Times · Jul 1