U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress does not lift or suspend the nation’s debt limit.
Treasury Department
Judge Bars Social Security Officials From Giving DOGE Unredacted Data
A federal judge in Maryland found that Elon Musk’s scrutiny of the agency’s data systems appeared to violate federal privacy laws.
Treasury Promotes I.R.S. Agents Who Say Hunter Biden Tax Case Was Stymied
The two men will help change the culture at the tax collector, the Treasury secretary said.
Inside Trump’s War on the I.R.S.: Dropped Audits and a Skeleton Staff
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.
Trump Seeks to Bar Student Loan Relief to Workers Aiding Migrants and Trans Kids
The president signed an order that would deny loan forgiveness to workers for groups engaged in “substantial illegal activities,” which it indicated included things like diversity initiatives.
Department of Government Efficiency Deletes a Claim and Resurrects an Error
DOGE removed any mention of a long-dead contract from its website, where the government-cutting team has repeatedly posted erroneous “receipts” inflating its success.
What is Trump’s Crypto Reserve Plan?
The prospect of using taxpayer money to stockpile cryptocurrencies in a national reserve has drawn criticism from lawmakers and investors.
DOGE Claims Credit for Killing Contracts That Were Already Dead
Elon Musk’s group claimed credit for canceling procurement agreements that had been completed years earlier, the latest in a string of public errors on its site.
Trump to Revoke an Oil License in Venezuela
President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.
Judge Questions Constitutionality of Musk’s DOGE Operation
The judge expressed concern over the unresolved issues about who is in charge of Elon Musk’s so-called Department of Government Efficiency, if it is not Mr. Musk, as the White House has claimed.