AFL-CIO Sues Treasury Over Alleged Privacy Breach
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) has filed a lawsuit against the U.S. Treasury Department, accusing it of unlawfully sharing personal and financial data with Elon Musk’s Department of Government Efficiency (DOGE).
According to the lawsuit, the Treasury and Secretary Scott Bessent have engaged in a “systematic and continuous disclosure” of confidential information. The AFL-CIO argues that individuals providing data to the federal government should not have to share it with DOGE or Musk without consent.
Calling the alleged disclosures a significant privacy violation, the union is seeking legal action to prevent further data sharing. As of now, the Treasury Department has not issued a public response.
Stablecoin Bill Gains Support in Congress
Amid legal tensions, U.S. lawmakers are advancing a stablecoin bill to establish regulatory guidelines for digital assets. The proposed legislation aims to strike a balance between oversight and fostering innovation in the growing stablecoin market.
As stablecoins gain traction in both traditional and decentralized finance, lawmakers emphasize the need for regulatory clarity to ensure security, transparency, and economic benefits.
With legal battles and new crypto regulations unfolding, the role of digital assets in government policy remains a key issue in Washington.
