Regulation
Treasury, IRS Clarify Trump Account Intent, Limits
Billionaires Michael and Susan Dell pledged $6.25 billion to support the initiative aimed at providing an estimated $250 each to 25 million children.
Tag: Trump Administration
Alternatives
Trump’s Crypto Working Group Lists Proposals for Broader Digital Finance Adoption
The recommendations in the 166-page report mostly called on agencies to provide clearer rules on trading the assets.
Newsmakers
Treasury Nominee Bessent Touts Fiscal Discipline in Confirmation Hearing
The former Soros CIO and hedge fund manager discussed tax policy, sanctions and deregulation while answering questions from the Senate Finance Committee Thursday.
Newsmakers
Trump Nominates Former SEC Commissioner to Top Job
Paul Atkins will be put up to replace Gary Gensler, bringing SEC experience from a Republican administration and support for digital assets.
Investors Prospect for 5G Treasure in Cellphone Spectrum
Big stock gains seen as wireless providers scramble for valuable new turf, up where the satellites roam.
Pensions
Cuts Proposed to Fed Retirement Intend to ‘Align with Private Sector’
Trump administration’s FY 2021 budget proposal includes mitigations to benefits paid out to beneficiaries, higher contributions.
Newsmakers
Trump Administration Removes Scaramucci
“The Mooch” removed from White House position as new chief of staff appointed.