Treasury identifies positions that qualify for Trump’s no tax on tips up to $25,000
New Tax Deductions Under Trump’s Legislation House Speaker Newt Gingrich has voiced support for President Donald Trump’s significant economic initiative, referred to as the “Big, Beautiful Bill.” This legislation focuses on various job sectors under the provisions of the One Big Beautiful Bill Act (OBBBA). During his campaign last year, Trump made a noteworthy promise […]
Treasury Department identifies 68 positions potentially exempt from tip deduction taxes
Tax Cuts on Tips Announced by Treasury On Labor Day, the Treasury revealed that nearly 70 job categories across eight sectors might see benefits from President Donald Trump’s tax cuts on wages. This includes various industries like food and beverage, entertainment, hospitality, personal services, and more. Workers in these fields could potentially stop paying taxes […]
Comer asks Treasury Secretary for Epstein and Maxwell records
House Oversight Committee Requests Report on Epstein Rep. James Comer, who chairs the House Oversight Committee, has reached out to Treasury Secretary Scott Bescent with a request regarding Suspicious Activity Reports (SARs) connected to Jeffrey Epstein and Ghislaine Maxwell. In a letter sent on Sunday, Comer mentioned that the committee is evaluating potential mishandling in […]
Crypto treasury companies reflect CDO risks from the 2008 financial crisis, according to a crypto executive.
Risks of Bitcoin and Cryptocurrencies Compared to CDOs Bitcoin (BTC) and cryptocurrencies share some risks similar to Secured Debt Obligations (CDOs), which are essentially pools of mortgages linked to the financial crisis of 2007-2008. Crypto Treasury Companies acquire Bearer Assets without the typical counterparty risk, but this opens up other concerns, such as the management […]
The Treasury Department is urging US banks to keep an eye out for potential Chinese money laundering operations.
Washington – The U.S. Treasury Department is focusing on financial institutions to oversee and investigate potential involvement in a money laundering network linked to China, with attention on funds used amid the ongoing fentanyl crisis affecting the nation. On Thursday, new guidance was given to banks and brokers, highlighting the need to monitor clients who […]
Caliber Creates Digital Asset Treasury for LINK Token
Strategies blend digital and physical assets, focusing on blockchain technology infrastructure. Caliber leads in the adoption of blockchain-based financial practices among public US companies, particularly with linked tokens. Scottsdale, Arizona, August 28, 2025 – Caliber (NASDAQ:CWD), a Real Estate Asset Manager, announced the Board of Directors has officially approved a new Digital Asset Financial Strategy […]
Cronos Soars to Three-Year Peak Following Trump’s Media $6.4 Billion CRO Treasury Action
Simply put CRO, the native cryptocurrency for the Chronos Network, hit a three-year peak on Wednesday. This increase coincided with the announcement from Trump Media that they would be establishing cryptocurrency reserves. The coin is associated with the Crypto.com exchange and is collaborating with Trump Media on initiatives related to the Treasury Department. CRO reached […]
Pantera Capital Plans to Raise $1.25B to Establish Solana Treasury Company
Simply put Pantera might create “Solana Co.” to manage Solana Tokens as a corporate asset. This initiative begins with a proposed salary increase of $500 million, followed by a $750 million warrant. One organization could hold more Solana than all existing public finance ministries combined. Pantera Capital is reportedly seeking to raise $1.25 billion to […]
Ethereum Treasury SharpLink Plans to Repurchase Up to $1.5 Billion in Shares
Simply put Sharplink Gaming has revealed plans for $1.5 billion in possible stock buybacks. They engaged in transactions with Ethereum Holdings at a slight premium. On Friday, Sharplink’s stock price climbed over 15%, reaching $20.83. Sharplink Gaming is set to repurchase as much as $1.5 billion in common stock, according to Ethereum Treasury Company. The […]
Treasury Department watchdog uncovers rule violations in IRS termination of probationary staff
The IRS recently faced scrutiny after a Treasury watchdog revealed that it violated its own protocols in firing thousands of employees earlier this year, following directives from the Trump administration. The dismissed workers were not provided proper notice, and their job performance was overlooked during the termination process, as highlighted in a report released last […]