Longtime Treasury employees are pushing back against the Trump administration’s plan to make banks verify citizenship information, amid stiff opposition from lenders.
Longtime Treasury employees are pushing back against the Trump administration’s plan to make banks verify citizenship information, amid stiff opposition from lenders.
The US Treasury Department in Washington, DC, US, on Wednesday, Oct. 8, 2025. More than a quarter million federal employees didn't receive their scheduled paychecks this week as the US government shutdown enters its second week.
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them to improve operations as Vice Chair Michelle Bowman continues to relax the central bank’s oversight of US financial firms.
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them to improve operations as Vice Chair Michelle Bowman continues to relax the central bank’s oversight of US financial firms.
A man walks past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Tuesday, Jan. 27, 2015. The policy-setting Federal Open Market Committee (FOMC), meeting for the first time in 2015 on Tuesday and Wednesday in Washington, will be challenged by reports contrasting the encouraging performance of the U.S. economy with a global outlook that has darkened since they met in December. Photographer: Andrew Harrer
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