Category: Treasury
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Treasury plans pay cuts for doctors, teachers, and civil servants
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The Israeli Ministry of Finance is considering imposing great salaries on doctors, teachers and employees in personal contracts in the civil service, as it reached about 3.3 % per month between April and 2025, as these employees were not included in reducing salaries imposed on other public sector employees. The…
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Trump Investigates U.S. Debt for Fraud, Suggests Treasury Payments ‘Might Not Count’
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Trump is investigating the debts of the United States for fraud, noting that the treasury payments “may not count” president Donald Trump On Sunday, he said that his administration is investigating the American national debt, which indicates that some treasury payments may be fraudulent and “may not be counted.” Speaking…
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Bessent’s Treasury Sticks With Yellen-Era Long-Term Debt Plan
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(Bloomberg)-The US Treasury Department maintained its instructions on maintaining long-term debt sales unchanged in 2025, although the newly installed Secretary Scott Besin was criticized for his predecessor’s strategy before choosing the job. Most of them read from Bloomberg At the top of the US debt management policy for the first…
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Bessent’s Treasury Sticks With Yellen-Era Long-Term Debt Plan
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(Bloomberg)-The US Treasury Department maintained its instructions on maintaining long-term debt sales unchanged in 2025, although the newly installed Secretary Scott Besin was criticized for his predecessor’s strategy before choosing the job. Most of them read from Bloomberg At the top of the US debt management policy for the first…
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Bessent’s Treasury Sticks With Yellen-Era Long-Term Debt Plan
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(Bloomberg)-The US Treasury Department maintained its instructions on maintaining long-term debt sales unchanged in 2025, although the newly installed Secretary Scott Besin was criticized for his predecessor’s strategy before choosing the job. Most of them read from Bloomberg At the top of the US debt management policy for the first…
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How Declining Short-Term U.S. Treasury Yields Impact Bitcoin Price
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The recent difference in the yield of the American treasury, where the short -term returns were decreased while the long -term returns raised great attention across the financial markets. This development provides decisive visions in the conditions of macroeconomic economics and potential strategies for bitcoin investors who move in these…
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Lloyds CEO applauds Treasury move to tackle motor finance mis-selling
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Charlie Nan, CEO of Lloyds Banking Group, welcomed the government’s decision to interfere in the issue of poor sale of historical cars financing, and expressed his hope that this will help in achieving clarity in an industry that is subject to legal and regulatory pressure. His comments following the Ministry…
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Has The US Treasury Created An XRP Wallet? Here’s The Truth
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Rumors have spread about the US Treasury Department’s alleged foray into the XRP Ledger (XRPL), causing a stir across the digital asset community. On January 21, several community accounts on XRP Scam Alert However, a deeper look under the hood revealed a series of red flags indicating that the wallet…
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Treasury intervenes in car finance row as billions in compensation hang in the balance
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The Treasury is seeking to intervene in a major High Court case that could drag Britain’s car finance industry into a costly mis-selling crisis on a par with the notorious PPI scandal. Ministers want the court to consider the wider impact on investor confidence in the UK regulatory system and,…
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Rachel Reeves weighs a ‘hotel tax’ as treasury battles to fill funding gap
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Britons and foreign visitors may soon find themselves paying a “hotel tax” on every night they stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to rise. The potential tax, part of “modeling exercises” being carried out by officials, mirrors tourist taxes in countries…
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Treasury chief Shlomi Heisler to step down
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The Director General of the Ministry of Finance, Shlomi Heisler, submitted his resignation to Finance Minister Bezalel Smotrich, and will step down in January, after the 2025 state budget was approved by the Knesset Finance Committee. Hessler was in this position for two years. His resignation for personal reasons. “I…
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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy
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In a significant step toward creating a US Strategic Bitcoin Reserve, Senator Cynthia Lummis recently met with new Treasury Secretary Scott Besent, according to a recent report. Social media sharing On X (formerly Twitter) where Loomis expressed optimism about Bessent’s potential support for digital assets, especially BTC. Trump rings the…
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OECD undercuts Treasury growth forecasts
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The Organization for Economic Cooperation and Development issued its semi-annual report on the state of the global economy, and revised its growth forecasts for Israel downward. The new forecasts are more pessimistic than the expectations of the Bank of Israel and the Ministry of Finance regarding growth and fiscal deficit.…
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BoI, Treasury push for more retail banking competition
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Finance Minister Bezalel Smotrich and Bank of Israel Governor Professor Amir Yaron announced a new measure in their fight against concentration in the banking sector. They have formed an inter-ministerial team, which will focus on enhancing competition in the banking and credit sector for small businesses and households. The team,…
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BoI, Treasury push for more retail banking competition
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Finance Minister Bezalel Smotrich and Bank of Israel Governor Professor Amir Yaron announced a new measure in their fight against concentration in the banking sector. They have formed an inter-ministerial team, which will focus on enhancing competition in the banking and credit sector for small businesses and households. The team,…
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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC Treasury Strategy
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This article is also available in Spanish. Business adoption of Bitcoin (BTC) continues to gain momentum with the recent emergence of video sharing platform and cloud services Rumble unveil BTC treasury strategy. The move is in line with the growing trend of companies around the world to embrace Bitcoin as…
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Stocks, Bonds Rise as Traders Cheer Treasury Pick: Markets Wrap
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(Bloomberg) — A strong Asian day for stocks and Treasuries looks set to extend into Europe, where traders are accepting Donald Trump’s selection of Scott Bescent for Treasury Secretary as a calculated choice that would inject more stability into the U.S. economy and financial markets. Most read from Bloomberg Euro…
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Ripple CEO Reacts To Trump’s Billionaire Treasury Secretary Nominee
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After weeks of intense speculation, the next US president, Donald Trump, has been named Scott Besent chose the Chancellor of the Exchequer. The lengthy selection process has attracted many popular names, including Cantor Fitzgerald’s Howard Lutnick, former Federal Reserve Governor Kevin Warsh, and billionaire Mark Rowan. In the end, Trump…