The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

Several US senators joined demonstrators at a “Nobody elected Elon!” protest held outside the US Department of Treasury ...

The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.

Luke Pettit could have an expanded role compared to previous assistant secretaries for financial institutions as President Donald Trump eyes Treasury lead for deregulatory agenda.

Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting ...

"In the building behind me, Elon Musk is seizing power away from the American people," Warren told hundreds gathered outside ...

A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...

Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down payments to federal contractors, ...

Federal workers gathered in Washington, D.C., to protest what Democratic members of Congress say is an illegal takeover of ...

Elon Musk has begun swinging his wrecking ball at the US government, with concerns growing over the unprecedented power that ...