Treasurys on the blockchain: How a new deal could reshape the ETF industry – CNBC
Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson recently announced the creation of the Anemoi Liquid Treasury Fund (LTF) in partnership with Anemoi Limited and Centrifuge. The fund is an on-chain technology-based fund that gives investors direct access to short-term US Treasury bills. “It's not necessarily a threat to the ETF […]
JAMES CARTER: Dissecting The US Treasury’s Dastardly Debt Disaster
Count five seconds. The federal government spent, in those few seconds, $137,940 on interest on the federal debt. Shockingly, the $870 billion the federal government will spend on interest this year is three times greater than what the Congressional Budget Office (CBO) estimated for fiscal year 2024 just three years ago. It didn’t need to be this way. […]
Republican AGs slam Treasury’s attempt to build in-house TurboTax at IRS
Thirteen Republican state attorneys general have slammed the federal government’s effort to install a TurboTax-style tool at the IRS to allow taxpayers to file returns directly to Uncle Sam, calling the move an expediency. It is accused of being a Trojan horse to immerse the American people under the guise of In a scathing letter […]