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The Latest Breaking News from US Treasury

What Elon Musk's Twitter Tactics May Bode For US Government

As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.

International Business Times

Elon Musk serving as 'special govt employee' in Trump administration: White House official

On Monday, Trump said that Musk has been granted access to the US Treasury Department's critical payment system, which sends money on behalf of the US government. Read further on Dynamite News:

Dynamite News

Could Elon Musk Be Paying Your Social Security Check?

Musk has had access the US Treasury payment system, which handles Social Security payments. Will your check be on time? Will your data be safe?

Kiplinger

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X User Reveals Names of Elon Musk's DOGE Employees Who Accessed Treasury Payment System. Musk Claims He's 'Committed a Crime'

Elon Musk has accused an X user of committing a crime after they listed names of alleged DOGE employees who helped Musk access the US Treasury payment system.

Latin Times

How the Federal Reserve impacts your bank accounts

Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank accounts.

Fortune

Billionaire Financier Bessent Confirmed As Trump's Treasury Chief

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -- which is already triggering global jitters.

International Business Times

Why the 10-Year U.S. Treasury Yield Is So Important Right Now

Multiple indicators will track performance and sentiment during the second Trump administration. Here's why the 10-year U.S. Treasury yield is one to watch.

Kiplinger

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Global Markets React To Trump's Tariff Comments

Global markets react to Trump's tariff comments, with mixed results in Asia and gains in Europe and the U.S. Bitcoin surges but pulls back, while oil price...

Top News

China State-Sponsored Actor Infiltrates US Treasury Department Workstations

US Treasury Department discloses cybersecurity breach by China state-sponsored actor, prompting investigations and security measures.

Pedestrian.tv

US Treasury Claims That Hackers From China Have Caused ‘Major Security Breach’

This makes it the second major cyber-security breach in the US allegedly done by China just this December.

Kiplinger

Stock Market Today: Dow Dives 729 Points but Bounces Back

Investors can still hope for a Santa Claus rally over the next three trading days.

Barchart

This Clever Short Put Trade Trade Yields 9.4% in 1 Year

This strategy combines entering into a short put position while going long on a cash-like asset.

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Kiplinger

Stock Market Today: Dow Dives 1,123 Points After Fed

Market participants reacted predictably to a well-telegraphed hawkish turn by the Federal Reserve.

Benzinga

Long-Term Treasury ETFs Hit Death Cross As Yields Rise, Bonds Tumble

Long-term Treasury ETFs hit rough patch as interest rates reverse course, signaling a Death Cross. Three major bond ETFs see bearish signals and potential for further declines.

Kiplinger

Stock Market Today: The S&P 500 Reclaims the 6K Level

Investors see Scott Bessent as a safe shepherd of the economy as the president-elect burnishes his "Tariff Man" reputation.

Benzinga

Bitcoin Correction Could Go As Deep As $88,700 But $125,000 Year-End Target Remains In Play, Says Standard Chartered

Bitcoin‘s (CRYPTO: BTC) sharp pullback from its record high just under $100,000 has sparked concern among traders, with Standard Chartered‘s Geoffrey Kendrick attributing the correction to several factors, including a reduction in U.S.

Kiplinger

Stock Market Today: Stocks Enjoy a Bessent Boost

The Dow closed at an all-time high as investors welcomed Donald Trump's Treasury secretary nominee.

Barchart

Dollar Tumbles with Bond Yields as Trump Nominates Bessent as Treasury Secretary

The dollar index (DXY00 ) on Monday fell by -0.70%. The dollar tumbled Monday after President-elect Trump picked Scott Bessent as the new US Treasury Secretary. Bessent is seen as a fiscal hawk and favors less government spending and more gradual tariffs, a negative factor for the dollar. Also, Bessent’s...

International Business Times

US Treasury Department Hits One of Mexico's Biggest Drug Cartels With Sanctions

The sanctions target the group known as the "Bonques Brothers," involved in fentanyl, heroin drug trafficking and money laundering.

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