[U.S. Treasury May Utilize Nearly $1 Trillion in Fiscal Cash to Stabilize Money Markets] BlockBeats News, September 23: The U.S. Treasury is studying a plan that could potentially change the way short-term funding markets operate. The proposal involves periodically injecting a portion of the cash from the Treasury General Account (TGA) into private repo markets, rather than parking all of it at the Federal Reserve. This idea received support from multiple market participants during the annual U.S. Treasury market conference held at the New York Fed this week. The TGA currently holds slightly less than $1 trillion and serves as the Treasury's daily cash account. The Treasury first proposed this idea in May of this year, and this week's discussions have shifted toward specific implementation methods. Market participants believe this move could become a new stabilizing tool for short-term funding markets. If the Treasury actively channels part of the TGA cash into the repo market, it would effectively create a direct pathway for traditional fiscal cash flows to enter the money markets. As a result, market participants are particularly focused on whether the operations will be predictable.