The Treasury Department has moved to involve banks more deeply in President Donald Trump’s immigration crackdown.

First lady Melania Trump and Treasury Secretary Scott Bessent have announced the launch of Fostering the Future Accounts, designed to help foster children.

The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday.

President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as head of the Federal Deposit Insurance Corporation.

U_S_ Treasury Secretary Janet Yellen is seeking to project confidence in the U_S_ financial outlook while pledging vigilance in responding to “risks on the horizon.”.

FILE - In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. There were just a few hundred coronavirus cases when Congress first started focusing on emergency spending in early March. By the end of that month, as Congress passed the massive $2.2 trillion Cares Act, cases skyrocketed above 100,000 and deaths climbed past 2,000. (AP Photo/Eric Gay, File)(Copyright 2020 The Associated Press. All rights reserved.)