UK Military Chiefs Warn Treasury 2.5% Spending Goal Falls Short
UK defense chiefs have privately warned the government that plans to raise military funding to 2.5% of economic output won’t ...
Elon Musk’s Man in the Treasury Is Still Holding Down His Day Job as Software CEO
An email sent to workers at the US Treasury Department’s Bureau of the Fiscal Service said DOGE’s Tom Krause is “currently” ...
reinsurancene3d
Pool Re may seek more private market retro after changes to agreement with HM Treasury
As Pool Re, the UK’s government-backed terrorism reinsurer, prepares for its renewal, changes to the company's retrocession ...
Treasury watchdog begins audit of Elon Musk DOGE team’s access to federal government’s payment system
The audit will also review the past two years of the system’s transactions as it relates to Musk’s assertion of “alleged ...
JD Supra4d
UK Financial Policy Committee response to HM Treasury November 2024 letter on remit and recommendations
HM Treasury has published a letter (dated 18 December 2024) from Andrew Bailey, Bank of England Governor, in his role as Chair of the Financial ...
Musk Team’s Treasury Access Raises Security Fears, Despite Judge’s Ordered Halt
A judge ruled Saturday that the activities of Elon Musk’s government cost-cutting effort risk “the disclosure of sensitive ...
Judge to Hear Arguments Over Musk’s Access to Sensitive Treasury Data
After a lawsuit filed last week by 19 attorneys general, a judicial ruling temporarily blocked Elon Musk and his Department ...
Treasury elevates Musk ally to lead government payment system
The elevation of Tom Krause to a more powerful role at Treasury will likely inflame an ongoing backlash over DOGE.