President Biden Seeks Tougher Penalties on Execs of Failed Banks 

He wants Congress to levy legal and monetary penalties.  President Biden has urged federal legislators to pass legislation for regulators that would hold the executives of failed banks…

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Treasury Department Developing Digital Dollar Technology 

Legislators are looking at official cryptocurrency.  The Treasury Department’s Under Secretary for Domestic Finance, Nellie Liang, said the administration is developing technology that would help create a central bank…

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U.S. and Turkey Join Forces to Curtail Financing of ISIS

Turkey imposes a financial freeze while the U.S. implements sanctions. The governments of the United States and Turkey took simultaneous joint actions to disrupt an ISIS financial facilitation…

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Coast Guard Implements New Financial Management System

Homeland Security better able to manage resources with state-of-the-art integrated system. The Department of Homeland Security (DHS) Management Directorate announced this month that the U.S. Coast Guard (USCG)…

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