News list for " treasury"
Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said in a radio interview that Hong Kong, as an asset management center or hub, will consult the market on the virtual asset custodian system this year and will gradually establish the entire virtual asset ecosystem, so that the market can not only develop sustainably, but also further integrate the new financial sector with the real economy.
Former Treasury Secretary Larry Summers said in an interview that Trump's tariffs defy economic logic, meaning higher prices for consumers and much higher input costs for American producers. Summers questioned: Why are we now deciding to wage economic war against Canada, out of so many countries in the world? Canada has a higher minimum wage, a higher basic wage, and more union protections for workers than the United States. I just don't understand the logic of these policies, no doubt,...
US Treasury Secretary Scott Bescent is now acting head of the Consumer Financial Protection Bureau, according to people familiar with the matter, signalling a possible shift in the Trump administration's strict approach to enforcement and regulation under Rohit Chopra, who was ousted by the Trump administration. The Biden-era appointee has imposed billions of dollars in fines and consumer compensation on banks including Wells Fargo, Goldman Sachs and Citigroup during his tenure. Mr. Bescent, a f...
According to WhaleAlert monitoring, USDC Treasury has minted 250 million new USDCs on the Solana chain.
据WhaleAlert监测，USDC Treasury于Solana链上新增铸造2.5亿枚USDC。
The 10-year Treasury yield fell 6.3 basis points to 4.504%.
In an interview with FOX Business, US Treasury Secretary Scott Bessent said: The spirit of cryptocurrency is about freedom, and the cryptocurrency economy is here to stay.
According to a report in the Wall Street Journal, sources said that the US Treasury has agreed to let Musk's Department of Government Effectiveness (DOGE) enter a payment system that distributes trillions of dollars in benefits, grants and tax refunds to Americans every year, usually administered by career civil servants. Treasury Secretary Bescent approved...
According to market news, Elon Musk's team has gained access to the US Treasury payment system. The US Treasury's top official, David Lebrick, is about to leave due to a conflict with Musk's team over access to sensitive payment systems. It is understood that Musk's government efficiency department has been requesting access to the system since Trump's election victory.
Lawrence Summers, who served as Treasury secretary under Bill Clinton, argued that Mr. Trump's public statement that he "wants to see [interest rates] come down significantly" was a public intervention by the government that "could easily backfire and the Fed would not follow its advice". Mr. Summers added: Unless the financial marekt boom collapses, it will be difficult for the Fed to cut interest rates as much as expected. The Fed itself is eager to play down tensions with the White House. Mr....
Treasury bond futures closed, the 30-year main contract rose 0.74%, the 10-year main contract rose 0.27%, the 5-year main contract rose 0.21%, and the 2-year main contract rose 0.11%.
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