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Spiking Bond Yields May Have Paused the Tariffs, but They Could Cost You in the Long Run

Source: cnet.com | By See Full Bio

Published on: 2025-05-01 03:13:00

US stocks tumbled following President Donald Trump's announcement last week of widespread retaliatory tariffs and a 10% universal import tax, triggering fears of rising consumer prices and a potential recession. But it was surging bond yields, not plunging stocks, that got the White House's attention. Shortly after pausing the "reciprocal tariffs" that went into effect on Wednesday, Trump said he'd been watching the bond market closely and he acknowledged that "people were getting a little quea

Keywords: bond higher treasury trump yields

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US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering

Source: techcrunch.com | By Zack Whittaker

Published on: 2025-06-01 17:39:51

In Brief U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers. In a statement, the Treasury said it “exercised our discretion” to delist Tornado Cash following a legal battle. Sanctions make it illegal for Americans or U.S. businesses to transact with a listed entity. Crypto mixers allow customers to conceal where their crypto came from, including tai

Keywords: cash crypto north tornado treasury

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Court filing: DOGE aide broke Treasury policy by emailing unencrypted database

Source: news.ycombinator.com | By Jessica Lyons

Published on: 2025-06-11 22:25:16

A now-former DOGE aide violated US Treasury policy by emailing an unencrypted database containing people's private information to two Trump administration officials, according to a court document filed Friday. That filing pertains to a February lawsuit brought by New York Attorney General Letitia James and 18 other state AGs challenging DOGE's access to the Treasury Department's Bureau of Fiscal Services (BFS), which disburses trillions of dollars annually to US households, federal employees, a

Keywords: access elez systems testimony treasury

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DOGE staffer violated Treasury rules by emailing unencrypted personal data

Source: techcrunch.com | By Zack Whittaker

Published on: 2025-06-13 13:20:04

A staffer working for the Department of Government Efficiency (DOGE) broke Treasury policies by sending an email containing unencrypted personal information, according to testimony from a senior government cybersecurity official in a federal lawsuit. Marko Elez, a DOGE staffer working at the U.S. Treasury, emailed a spreadsheet with unencrypted personally identifiable information to two Trump administration officials prior to his resignation in early February after racist social media posts lin

Keywords: doge elez filing security treasury

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US Charges 12 Alleged Spies in China’s Freewheeling Hacker-for-Hire Ecosystem

Source: wired.com | By Andy Greenberg

Published on: 2025-07-01 19:12:56

Only rarely does the West get a glimpse inside the vast hacker-for-hire contractor ecosystem that enables China's digital intrusion campaigns worldwide. Now a new set of criminal charges against a dozen Chinese nationals, including two government officials, accuses them of a vast espionage campaign that included breaching the US Treasury, and goes as far as revealing the internal communications of some of those alleged hackers, their tools, and their business relationships. The US Department of

Keywords: chinese government hacker hackers treasury

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US Charges 12 Alleged Spies in China's Freewheeling Hacker-for-Hire Ecosystem

Source: wired.com | By Andy Greenberg

Published on: 2025-07-02 00:12:56

Only rarely does the West get a glimpse inside the vast hacker-for-hire contractor ecosystem that enables China's digital intrusion campaigns worldwide. Now a new set of criminal charges against a dozen Chinese nationals, including two government officials, accuses them of a vast espionage campaign that included breaching the US Treasury, and goes as far as revealing the internal communications of some of those alleged hackers, their tools, and their business relationships. The US Department of

Keywords: chinese government hacker hackers treasury

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Disclosure of personal information to DOGE “is irreparable harm,” judge rules

Source: news.ycombinator.com | By Unknown

Published on: 2025-07-14 20:59:33

A federal judge today blocked DOGE from accessing personal data held by the US Department of Education and Office of Personnel Management (OPM). Today's ruling follows one on Friday in a different court that blocked DOGE's access to Department of Treasury information. The American Federation of Teachers and other "plaintiffs have shown that Education and OPM likely violated the Privacy Act by disclosing their personal information to DOGE affiliates without their consent," said the order issued

Keywords: department doge information order treasury

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Judge: US gov't violated privacy law by disclosing personal data to DOGE

Source: news.ycombinator.com | By Unknown

Published on: 2025-07-14 20:59:33

A federal judge today blocked DOGE from accessing personal data held by the US Department of Education and Office of Personnel Management (OPM). Today's ruling follows one on Friday in a different court that blocked DOGE's access to Department of Treasury information. The American Federation of Teachers and other "plaintiffs have shown that Education and OPM likely violated the Privacy Act by disclosing their personal information to DOGE affiliates without their consent," said the order issued

Keywords: department doge information order treasury

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Judge: US gov’t violated privacy law by disclosing personal data to DOGE

Source: arstechnica.com | By Unknown

Published on: 2025-07-14 15:05:40

A federal judge today blocked DOGE from accessing personal data held by the US Department of Education and Office of Personnel Management (OPM). Today's ruling follows one on Friday in a different court that blocked DOGE's access to Department of Treasury information. The American Federation of Teachers and other "plaintiffs have shown that Education and OPM likely violated the Privacy Act by disclosing their personal information to DOGE affiliates without their consent," said the order issued

Keywords: department doge information order treasury

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Treasury agrees to block DOGE's access to personal taxpayer data at IRS

Source: news.ycombinator.com | By Jacob Bogage

Published on: 2025-07-12 04:39:20

The Trump White House and Treasury Department officials have agreed to prohibit the U.S. DOGE Service from accessing personal taxpayer data, according to two people familiar with the arrangement, heading off a brewing privacy crisis at the tax agency. Gavin Kliger, a software engineer with Elon Musk’s DOGE effort assigned to the IRS, will have read-only access to anonymized tax data, the same access granted to academic researchers and IT professionals who work on IRS systems, said the people, wh

Keywords: access data doge information treasury

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