Money Reimagined: No, Secretary Summers, Money Privacy Is a Vital Freedom

Responding to Larry Summers at Consensus: Distributed this week, Michael Casey argues that money needs more privacy, not less, and that, ultimately, our rights as financial citizens are at stake......»»

Former U.S. Treasury Secretary Larry Summers said there may be “too much privacy” associated with government-issued cash, noting the prevalence of money laundering and its widespread use for storing and moving the proceeds from corruption......»»

We don't need to trade our privacy for a better response to the COVID-19 crisis. We need to embrace the full power of cryptography......»»

REUTERS/Ruben Sprich Cutting interest rates and increasing money supply will do little to combat coronavirus' economic fallout, former Treasury Secretary Larry Summers argued in a Washington Post colum.....»»

The city of Cin.....»»

President Trump’s treasury secretary is planning to launch an investment fund that is expected to raise money from sovereign wealth funds in the Persian Gulf and other investors, two people familiar with the project said......»»

The rise of remote working may provide workers freedom to live where they want --- but that doesn’t mean they’re saving money......»»

"It's important that our notes, our money ... reflect the history and diversity of our country," said White House press secretary Jen Psaki. A portrait of Harriet Tubman (1820 191.....»»

The third part of The Breakdown’s Money Reimagined series looks at the role of bitcoin and USD stablecoins in the new global monetary order......»»

Our call of the day comes from a money manager who says it is vital to keep things simple right now, which he does by trading just two instruments......»»

U.S. Treasury Secretary Steven Mnuchin said on Monday he sees no need for the country to buy back debt and that he plans to borrow money long-term to lock in low interest rates, as the coronavirus pandemic rocks the economy......»»

The Fed is handing Wall Street an asset inflation payoff while Main Street stares down the barrel of deflation. But bitcoin may benefit......»»

Less than 40% of the money allocated to the Maryland Department of Commerce for providing much-needed aid to small business owners has been distributed, according to figures provided by the agency Friday. To help business owners struggling to sta.....»»

The Fed is handing Wall Street an asset inflation payoff while Main Street stares down the barrel of deflation. But bitcoin may benefit......»»

More than 40 public companies are pledging to return money to the government’s small-business coronavirus fund now that Treasury Secretary Steven Mnuchin is threatening criminal prosecutions for violating t.....»»

Treasury Secretary Steven Mnuchin has pushed back on calls to change a key requirement for small businesses to obtain aid under the government’s Paycheck Protection Program, while House Speaker Nancy Pelosi sounds open to loosening it......»»

Though its impacts are deadly, the coronavirus is a product of an advanced innovation ecosystem. We can learn from its ability to mutate and adapt......»»

U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that companies that received coronavirus rescue money intended for small businesses could be investigated if it appears they did not really need the money......»»

U.S. Treasury Secretary Steven Mnuchin on Wednesday warned that larger companies could face investigation if they apply for small-business coronavirus rescue money without carefully reviewing whether they qualify for it......»»

U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that larger companies could face investigation if they apply for small business coronavirus rescue money without carefully reviewing whether they qualify for it......»»