The Newest, Biggest Investment Fund: The United States Government?
Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil ...
What is a sovereign wealth fund?
President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a ...
Treasury was warned DOGE access to payments marked an ‘insider threat’
The assessment, done by the contractor Booz Allen, came before Treasury formally tapped an ally of Elon Musk to oversee the ...
US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says
The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott ...
Why Musk Is So Focused on the Bureau of the Fiscal Service, America’s ‘Checkbook’
Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.
Senators spar over DOGE access to Treasury payment systems
Democratic and Republican senators publicly sparred Wednesday over billionaire Elon Musk and his allies at the Department of ...
Marketplace4d
Musk-led DOGE has access to the U.S. Treasury’s payment system. What will they do with it?
Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...