Treasury Secretary cautions that a shutdown could lead to a $15 billion daily loss for the economy

Treasury Secretary cautions that a shutdown could lead to a $15 billion daily loss for the economy

Government Shutdown’s Economic Toll Discussed Senator James Lankford (R-Okla.) recently joined a discussion alongside Bernie Sanders regarding the ongoing government shutdown, along with the implications of China’s restrictions on rare earth exports and their effect on U.S. security and the economy. In a press conference on Wednesday, Treasury Secretary Scott Bessent addressed the economic ramifications […]

Treasury Rally Slows as Two-Year Yields Approach April Lows

Treasury Rally Slows as Two-Year Yields Approach April Lows

U.S. Treasuries Face Fluctuations Amid Trade Tensions (Bloomberg) — U.S. Treasuries have come to a standstill as the two-year Treasury yield approaches its lowest level this year, largely due to anticipations that the Federal Reserve will cut interest rates again this month. On Wednesday, yields experienced a slight uptick across various durations. The two-year bond […]

Stefanik and Cotton urge Treasury to look into CAIR for supposed connections to Hamas

Stefanik and Cotton urge Treasury to look into CAIR for supposed connections to Hamas

Investigation Request into CAIR by Lawmakers Representatives Elise Stefanik (R-N.Y.) and Tom Cotton (R-Ark.) are urging Treasury Secretary Scott Bessent to look into the Council on American-Islamic Relations (CAIR). They allege that the organization might have connections to Hamas and other terrorist groups, which is a serious claim. CAIR describes itself as an advocacy group […]

Scott Bessent Shares Findings of Treasury Investigation into Violent Left Groups

Scott Bessent Shares Findings of Treasury Investigation into Violent Left Groups

Following the assassination of Turning Point USA founder Charlie Kirk, the Treasury Department has amassed a significant amount of data regarding funding linked to violent leftist groups, according to Treasury Secretary Scott Bessent. President Donald Trump labeled Antifa as a domestic terrorist organization on September 17. This declaration came just a week after Kirk was […]

Trump administration dismisses Treasury CDFI employees

Trump administration dismisses Treasury CDFI employees

Key insights: The Treasury Department has announced the discontinuation of the CDFI fund in a notice regarding staff reductions circulated to employees on Friday. Future outlook: Already appropriated CDFI funds might face challenges due to a so-called “pocket recession” and could be legally contested. What’s going wrong: If the program—and its workforce—are dismantled, substantial funding […]

Ignore MicroStrategy; These 2 Less Recognized Bitcoin Treasury Stocks Are Highly Undervalued.

Ignore MicroStrategy; These 2 Less Recognized Bitcoin Treasury Stocks Are Highly Undervalued.

MicroStrategy and Bitcoin Stocks Update MicroStrategy, now renamed as Strategy Co., Ltd. (NASDAQ:MSTR), is often seen as a trailblazer in adopting Bitcoin financial strategies among publicly traded firms. Over the last five years, its stock price has reportedly surged a staggering 1,893%, largely due to a booming Bitcoin market and the company’s aggressive cryptocurrency acquisitions […]

Treasury Department supports Trump’s plan for a $1 coin

Treasury Department supports Trump's plan for a $1 coin

As the nation gears up to mark its 250th anniversary, the Treasury is defending its initiative to feature President Trump on a dollar coin. They argue that this plan could bypass laws that typically restrict living individuals from appearing on printed currency. A recent post from the Treasury emphasized that they are authorized to issue […]