Expert suggests student loans shifting to Treasury indicates ED shutdown is near.
Department of Education Moves Closer to Closure The Department of Education (ED) is getting closer to significant changes. Recently, the Trump administration made an announcement about a new interagency agreement between the ED and the Treasury Department. This agreement will allow the Treasury to take over student lending operations, specifically managing the collection of defaulted […]
Treasury Secretary Scott Bessent dismisses the idea of intervening in oil futures.
Treasury Secretary Scott Bessent appeared on “Morning with Maria” to talk about various pressing issues, including the Iran conflict, soaring oil prices, and the overall uncertainty in the markets, particularly regarding the Federal Reserve and Jerome Powell’s future role. He emphasized that his department would not interfere with the oil futures market, despite the U.S. […]
ETHZilla Rebrands by Dropping Ethereum Treasury Title After Share Price Decline
Simply put ETHZilla will be rebranded as Forum Markets and will trade as FRMM on Nasdaq in early March. This change follows a week after investors moved away from Ethereum due to the company’s shift in financial strategy. Analysts note that single-asset financial tactics lean heavily on stable equity premiums and favorable market conditions. Formerly […]
Treasury imposes sanctions on Iran’s hidden oil fleet and missile networks
New Sanctions on Iran’s Oil Fleet WASHINGTON – On Wednesday, the Treasury Department took steps to impose sanctions on what it described as Iran’s “shadow” oil fleet, along with other networks that support the regime’s ballistic missile program. The Treasury’s Office of Foreign Assets Control disclosed penalties affecting over 30 individuals, entities, and vessels involved […]
Bitcoin Treasury ProCap Reacquires Shares Following 85% Price Drop
Simply put ProCap Financial has repurchased more BRR shares, as its market value remains below its asset worth. Anthony Pompliano’s firm currently holds 5,007 BTC, which is around $325 million. The stock price has plunged 85% from its peak last year. ProCap Financial, associated with cryptocurrency figure Anthony Pompliano, is engaging in share buybacks to […]
Bitdeer Sells 943 Bitcoin, Reducing Treasury to Nothing
bitcoin news BitDeer Technologies, a Bitcoin mining company, has fully liquidated its Bitcoin treasury, reporting zero Bitcoin holdings as of February 20th. This marks a significant shift, with around 2,000 Bitcoins being sold off since the end of 2025. In the week leading up to February 20th, BitDeer mined 189.8 Bitcoins and sold every one […]
Warren Urges Treasury and Fed to Dismiss Bitcoin Bailout as Prices Drop
Simply put US Senator Elizabeth Warren urged the Treasury Department and the Federal Reserve not to “support” cryptocurrency companies and investors. Bitcoin has dropped roughly 50% since its peak last October. Treasury Secretary stated that the government lacks the authority to back Bitcoin with taxpayer money. Sen. Elizabeth Warren (D-Mass.) has called on the Treasury […]
News Corp will match the $1,000 donations from the US Treasury to Trump’s children’s accounts.
News Corp Supports New Trump Investment Program On Thursday, News Corp joined a growing list of major employers endorsing a new initiative, as the Treasury declared it would match a one-time $1,000 contribution to the accounts set up for eligible employees. Beginning July 4, parents will have the opportunity to create a tax-advantaged investment account, […]
Sen. Warren advises the Fed and Treasury against supporting crypto billionaires.
Warren Urges Caution on Crypto Bailouts On Wednesday, Senator Elizabeth Warren, a Democrat from Massachusetts and a key figure on the Senate Banking, Housing, and Urban Affairs Committee, urged the Treasury Department and the Federal Reserve to make sure that “taxpayer funds are not used to bail out crypto billionaires and other highly leveraged crypto […]
Immediate Changes Needed for Cryptocurrency, Treasury Secretary Warns Time Is Running Out
U.S. Treasury Secretary Advocates for Cryptocurrency Transparency Legislation U.S. Treasury Secretary Scott Bessent recently emphasized the need for Congress to quickly pass transparency legislation aimed at clarifying the cryptocurrency market. He believes that more defined rules would help restore confidence among investors and companies, particularly in light of recent market fluctuations involving swing traders. Division […]