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Tag: Treasury Department

Bessent Bank Citizenship Proof Initiative Under Review
Finance
byrapidcelnews_ved4MApril 15, 2026

Bessent Bank Citizenship Proof Initiative Under Review

A proposal requiring banks to collect proof of citizenship from customers is under review, raising concerns about feasibility and access to financial services.

Insolvent: U.S. Government  as of September 30, 2025
BusinessFinance
byrapidcelnews_ved4MMarch 24, 2026

Insolvent: U.S. Government as of September 30, 2025

The U.S. government has been declared insolvent, with total liabilities reaching $47.78 trillion against assets of $6.06 trillion.

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