Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants

The Teamsters pension fund returned $127 million in overpayments to the U.S. Treasury this week — months after an internal investigation revealed nearly 3,500 dead members in its kitty. Thomas Nyhan, executive director of the Central States Pension Fund, which handles retirement benefits for the International Teamsters Association, announced the repayment amounts Monday as part […]

Senior Biden Treasury Official Admits Money for Iran Goes Towards Violence

Deputy Treasury Secretary Wally Adeyemo on Tuesday inadvertently revealed that $6 billion that the Biden administration unfrozen on Iran last year in exchange for the return of five American prisoners was likely used to fund violent activities. Approved in parliament. Adeyemo said in testimony before the Senate Banking Committee: Senator, you are right that money […]

Trump considering billionaire TikTok investor Jeff Yass for Treasury secretary: report  

Former President Donald Trump is considering hiring hedge fund manager Jeff Yass to be his Treasury secretary if he wins November’s presidential election, it was reported Thursday. Yas’ investment company, Susquehanna International Group, owns a 15% stake in ByteDance, TikTok’s Chinese parent company, and Yas personally owns a 7% stake in the company, worth about […]

Cardano Founder Reacts to ADA Hitting $3 and Treasury $4.5B – The Crypto Basic

Cardano founder Charles Hoskinson has reacted to the recent disclosure that the value of the Cardano Treasury could soar to $4.5 billion if ADA collects its ATH at $3. Known for his reactions to community updates on X, Hoskinson expressed visible elation regarding the substantial growth trajectory observed within the Cardano ecosystem during the current […]

S&P 500 Tops 4900 as Yields Fall on Treasury News: Markets Wrap – Yahoo Finance

(Bloomberg) — A busy week on Wall Street began with gains in stocks and bonds, with the Treasury Department surprising several traders by lowering its quarterly borrowing forecast to $760 billion. Most Read Articles on Bloomberg U.S. Treasury yields fell on the news, and the tech-heavy Nasdaq 100 rose 1%, outperforming the results of five […]


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