Department of the Treasury
Coverage of Department of the Treasury in the Nexus archive.
- Trump publica una nueva imagen de un billete de US$ 100 con su firma
President Donald Trump shared an image of a new $100 bill featuring his signature, following the Treasury Department's announcement to include a sitting president's signature on U.S. currency for the first time. The Treasury Secretary, Scott Bessent, stated this change commemorates the 250th anniversary of the United States, while efforts to place Trump's image on other memorabilia and a proposed $250 bill face legislative challenges.
- Scott Bessent Backs Strategic Bitcoin Reserve, Urges Senate to Pass Clarity Act
Treasury Secretary Scott Bessent testified before the Senate Finance Committee, supporting the U.S. Strategic Bitcoin Reserve and urging passage of the Clarity Act. The reserve, established via executive order, holds 328,372 BTC acquired through criminal forfeitures, and the BITCOIN Act proposes authorizing the Treasury to purchase up to one million bitcoin over five years.
- GAO investigating student loan transfers to Treasury Dept., Warren says
Sen. Elizabeth Warren (D-Mass.) has initiated a Government Accountability Office (GAO) investigation into the Trump administration's transfer of student loan servicing responsibilities to the Department of the Treasury.
- Trump postpones executive order focused on AI security
President Trump postponed an executive order that would have established a 90-day voluntary testing regime for frontier AI models, citing concerns about harming U.S. AI industry competition with China. The order would have involved multiple federal agencies including the NSA and Treasury Department in evaluating new AI models before public release. The decision represents a pivot toward prioritizing industry competitiveness over AI safety measures.