Treasury Department - Page 2

U.S. Poised to Force Russian Debt Default

The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.

Inflation Banks - GLASGOW, SCOTLAND - NOVEMBER 03: US Treasury Secretary Janet Yellen take

Report: Treasury Hacked by Group Backed by Foreign Government

A report published on Sunday revealed that data stored by the United States Treasury was compromised by a sophisticated hacking group backed by a foreign government. The hackers also infiltrated the Commerce Department’s National Telecommunications and Information Administration. The National Security Council launched an investigation into the incident after a meeting on Saturday at the White House.

Hackers-Hacking-Reuters