Trump Treasury Sanctions Iranian Petroleum Magnate
Treasury Secretary Scott Bescent announced Tuesday that the department approved Sei Asadora Emmayome and his corporate network, saying he and his network tried to avoid American sanctions. “Emamjomeh and his network have tried to export thousands of shipments of LPG from the US – avoiding US sanctions and generating revenue for Iran.” I said in […]
Trump Treasury secretary says China tariff stand-off not sustainable: report
Treasury Secretary Scott Bescent said Tuesday that he believes the Trump administration’s ongoing tariff war will escalate quickly as the ongoing rift is not sustainable. Bescent, 62, spoke at JPMorgan’s closed investors summit in Washington. Bloomberg reportedcites several people who attended the event. The reported comments resulted in a temporary surge on Wall Street, with […]
Why Trump’s Treasury sec would have zero interest in using ‘forever bonds’ to refinance the nation’s staggering debt
Among the crazy things being discussed on the edge of the Trump economic team these days is the issue of “eternal bonds” to refinance the country’s incredible debt, and the Post has learned to do so as part of current trade negotiations. I have been asserted by people close to Treasury Secretary Scott Bescent, Trump’s […]
Summers: 'Any self-respecting Treasury secretary would resign' over Trump Harvard IRS directive
Former Treasury Secretary Larry Summers said Thursday that Treasury Secretary Scott Bescent should resign before complying with President Trump’s Internal Revenue Service (IRS) instructions to revoke Harvard’s tax-free status. In the thread Social Platform xSummers warned of the broader impact of using the IRS to target political enemies. “The self-esteemed Treasury Secretary will rather step […]
Treasury Department Sanctions Mexican Cartel for Fentanyl, Human Trafficking
Treasury Secretary Scott Bescent announced Tuesday that the Trump administration has imposed sanctions on four individuals linked to fentanyl and Mexican cartel La Nueva Familia Michoacana (LNFM), which is linked to human trafficking. “Today’s actions underscore our commitment to strengthening pressure on violent drug cartels like LNFM. LNFM continues to transport deadly fentanyl and other […]
Treasury Sec Bessent says Trump admin focusing on Main Street
Treasury Secretary Scott Becent gave a keynote address to the American Bankers Association, saying the Trump administration is focusing on Main Street rather than Wall Street to restore American dreams. Treasury Secretary Scott Bescent said despite the success of Wall Street in recent years. Trump administration I think Main Street is the turn to lead […]
Judge Eases Restrictions on DOGE Access to Treasury Department Data!
A federal judge in New York has partially reinstated the main block that has hindered President Trump’s Department of Government Efficiency (DOGE) from accessing confidential payment information at the Treasury Department. US District Judge Jeanette A. Vargas issued a third ruling on Friday allowing one DOGE staff member access to sensitive payment details at the […]
Trump Signs Batch of Executive Orders on Treasury, Election Integrity
President Donald Trump signed four executive orders on Tuesday, from the Treasury's modern payment system to election integrity measures to halting security clearances. Trump signed the group of orders during a meeting with the US ambassador in the cabinet room. 1 order Instructions The Ministry of Finance's payment system will use electronic payments instead of […]
Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ tariffs claim
Larry Summers has denounced the Treasury Department of Scott Bescent for alleging that Chinese producers are claiming they are holding the brunt of President Trump's tariffs. Summers, who served as Treasury Secretary under President Bill Clinton and director of the National Economic Council under President Barack Obama, has had problems with Bescent, who said prices […]
Bitcoin Treasury Giant Strategy Primed To Acquire More BTC After Pricing New Preferred Stock – The Daily Hodl
Bitcoin (BTC) Treasury's corporate strategy says it is ready to accumulate more crypto kings after priced new preferred stock prices. It's new thread On social media platform X, strategy founder BTC Maxi Michael Saylor announced the price of the contested permanent preferred stock (STRF), raising the contract from $500 million to $722.5 million. The company […]