The audit will also review the past two years of the system’s transactions as it relates to Musk’s assertion of “alleged ...

Federal Reserve Chair Jerome Powell said reserve banks will no longer factor "reputational risk" into master account ...

Sen. Elizabeth Warren, D-Mass., and Rep. Maxine Waters, D-Calif., sent a letter to banking regulators urging them to reject ...

The Payment Systems Regulator (PSR) has published a policy statement (PS25/2) on its new compliance monitoring framework, setting out the scope of ...

The payment stablecoin (PS) legislative endgame is near. There is a clear imperative from the White House to prioritize ...

A 25-year-old associate of Elon Musk and former Treasury Department employee was "mistakenly" given the ability to make changes to a sensitive federal payment system, officials with the Bureau of the ...

Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his ...

Singapore's financial regulator and the Association of Banks in Singapore (ABS) said on Wednesday they will set up a new ...

Federal Reserve Chair Jerome Powell offered some new assurances Tuesday about payments routed to the central bank from the ...

This primer explains what the Bureau of the Fiscal Service does, how it has traditionally been managed by career civil ...

Academics can be as influential as tech bros in swaying policymakers to both invest in and set guardrails for the powerful ...

As the digital euro preparation phase nears its conclusion, it's crucial to consider the associated risks and benefits. Click ...