TCU sets deadline for the Treasury and public banks to inform if they are considering 'federalizing' the BRB
The Brazilian Federal Court of Accounts has given a 15-day deadline for federal banks and the Ministry of Finance to disclose whether they have considered 'federalizing' the Bank of Brasília (BRB).
Treasury pays over R$ 500 million in residual tax refund; see who receives
The Brazilian Federal Revenue has initiated payments of over R$ 500 million in tax refunds to various priority and non-priority contributors.
R$ 1 billion deficit in the DF's treasury complicates assistance to BRB, and help from the Union seems unavoidable
The District Federal government ends 2025 with a R$ 1 billion deficit, complicating the assistance to the Bank of Brasília and likely necessitating federal aid.
Silent fiscal bomb surpasses pix amendments
A significant increase in international loans by Brazilian states and municipalities poses a risk to the national Treasury, far exceeding previous federal transfers known as 'pix amendments.'
Municipalities, states, and boroughs concentrate 85% of alleged embezzlement from federal treasury in 2024
A recent report reveals that 85% of the alleged federal embezzlement in Mexico for 2024 is linked to 833 municipalities, 27 states, and 14 boroughs in Mexico City, highlighting severe financial discrepancies.
Federal Police conducts operation at four targets linked to leaks of data from the Treasury
The Federal Police of Brazil executed search and seizure warrants as part of an investigation into potential data leaks involving government authorities.
Besent: Congress must vote in spring on cryptocurrency regulation bill
U.S. Treasury Secretary Scott Besent emphasized the necessity for Congress to pass a federal cryptocurrency regulation bill called the Transparency Act this spring to stabilize the market during turbulent times.
'We do not demand a cut in interest rates, just an open mind,' says US secretary about new Fed president
Scott Bessent, U.S. Treasury Secretary, emphasized that the selection of Kevin Warsh as the new Fed president prioritizes open-mindedness over pressure for interest rate cuts.
Business Ticker: Trump's Finance Minister Makes Clear Statement to Future Central Bank Chief
US Treasury Secretary Scott Bessent advocates for continued loose monetary policy under the upcoming Federal Reserve Chairman Kevin Warsh.
Beset: Trump was 'joking' when he said he could sue Waller if he doesn't cut interest rates
U.S. Treasury Secretary Scott Beset emphasized that President Donald Trump was joking about potentially suing Kevin Waller, his nominee for the Federal Reserve leadership, if he does not lower interest rates.
Warren and Bessent erupt into shouting match over Trump's Warsh joke
During a Senate Banking Committee hearing, Sen. Elizabeth Warren clashed with Treasury Secretary Scott Bessent over President Trump's controversial joke regarding Federal Reserve nominee Kevin Warsh, leading to a heated exchange.
US Treasury Secretary: The Federal Reserve has lost the trust of the people
US Treasury Secretary Scott Pippin stated that the Federal Reserve has lost public trust due to uncontrolled inflation affecting Americans' incomes.
Beset: The Fed has lost the trust of Americans due to inflation, threatening its independence
U.S. Treasury Secretary Scott Beset stated that the Federal Reserve's independence is at risk as it has lost Americans' trust due to uncontrolled inflation destroying their incomes.
‘US Economy’ Behind-the-Scenes Power Revealed: Druckenmiller Holds 200 Billion Won Stake in Coupang
Billionaire investor Stanley Druckenmiller, known for his close ties to the next Federal Reserve Chair nominee and U.S. Treasury Secretary, maintains a significant stake in Coupang, valued at around 200 billion won despite a decrease from peak levels.
China dumps more US debt, buys other assets as Trump targets Powell
China has reduced its U.S. Treasury holdings to the lowest level since 2008, amid concerns over the politicization of the Federal Reserve and rising interest in gold as an alternative asset.
Record Demand for U.S. Treasury Bonds.. Here Are the Biggest Buyers
Foreign holdings of U.S. Treasury bonds reached an all-time high of $9.355 trillion in November, following a two-month decline, as market sentiment improved after the federal government ended its longest shutdown in history.
How the Trump camp made the Fed compliant
Despite President Donald Trump's erratic policies, the US Treasury market has stabilized, largely due to a law from the 1920s reactivated by the US Treasury Secretary, compelling a response from the Federal Reserve.