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U.S. Treasury to Hold ‘Trump Accounts’ Meeting in D.C.

U.S. Treasury to Hold 'Trump Accounts' Meeting in D.C.

Trump Administration Plans Summit on Economic Opportunities for Youth The administration of President Donald Trump is set to hold a summit in Washington, D.C., aimed at exploring how the proposed Trump Account could economically benefit young Americans in the future. This event, organized by the U.S. Treasury, is scheduled for Wednesday. The focus is on […]

Treasury Intensifies Sanctions on Iran, Focuses on Illegal ‘Shadow Fleet’ as Government Pursues ‘Economic Self-Destruction’

Treasury Intensifies Sanctions on Iran, Focuses on Illegal ‘Shadow Fleet’ as Government Pursues ‘Economic Self-Destruction’

New Sanctions Target Iranian Oil amid Regional Turmoil Treasury Secretary Scott Bessent expressed on Friday that the Iranian government is engaging in what he termed “economic self-immolation.” This statement came after the Trump administration introduced fresh sanctions aimed at a “shadow fleet” involved in Iranian oil exports, coinciding with increased efforts to quell protests and […]

Treasury Secretary Bessent Says Gavin Newsom Is Struggling to Keep Up

Treasury Secretary Bessent Says Gavin Newsom Is Struggling to Keep Up

Scott Bessent Critiques Gavin Newsom’s Leadership Treasury Secretary Scott Bessent made waves with his pointed remarks about California Governor Gavin Newsom on Thursday, jokingly noting that the former governor “has the wrong haircut.” While speaking with the far-left Politico, Bessent commented, “Gavin Newsom might be furious about some of the things he’s said. I think […]

Bessent dismisses Denmark as ‘unimportant’ and downplays the Treasury sell-off in light of Greenland threats

Bessent dismisses Denmark as 'unimportant' and downplays the Treasury sell-off in light of Greenland threats

Treasury Secretary Scott Bessent downplayed worries about a potential drop in U.S. debt following President Trump’s escalating threats regarding Greenland, labeling Denmark as “irrelevant.” The announcement of new 10% tariffs on several European nations opposing the Greenland takeover sent shockwaves through global markets on Tuesday, which marked the first trading day of the week. These […]

Treasury Secretary Bessent labels Newsom as ‘lacking economic understanding’ at Davos

Treasury Secretary Bessent labels Newsom as 'lacking economic understanding' at Davos

Treasury Secretary Criticizes California Governor at World Economic Forum Treasury Secretary Scott Bessent recently took aim at California Governor Gavin Newsom, labeling him “economically illiterate.” Bessent accused Newsom of focusing more on mingling with global elites than addressing pressing issues like California’s financial troubles, housing crisis, and the homelessness situation. During his remarks at the […]

Republicans urge the Treasury to take action against nonprofits for fraud and extremism

Republicans urge the Treasury to take action against nonprofits for fraud and extremism

Congress Calls for Stricter Oversight of Nonprofits Amid Fraud Allegations As nonprofits face heightened scrutiny over allegations of fraud and their roles in divisive protests nationwide, House Ways and Means Committee Chairman Jason Smith, along with 25 Republican members, is urging Treasury Secretary Scott Bessent to take action against organizations accused of promoting “anti-American and/or […]

Court is unlikely to reverse Trump tariffs, Treasury Secretary Scott Bessent suggests

Court is unlikely to reverse Trump tariffs, Treasury Secretary Scott Bessent suggests

Supreme Court Likely to Uphold Trump’s Tariffs, Says Treasury Secretary Treasury Secretary Scott Bessent has expressed doubt that the Supreme Court will overturn President Trump’s tariffs. He pointed out that the justices’ delay in making a ruling suggests the tariffs are likely to remain in effect. Bessent stated, “I think it’s extremely unlikely that the […]