Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company – The Daily Hodl
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) said it is taking action against individuals and entities involved in this operation to dismantle North Korea's digital asset money laundering network. OFAC said in a statement, say Sanctions Chinese nationals Lu Huaying and Zhang Jian who worked in a network that used front companies […]
US Treasury Turns Frozen Russian Assets Into $20 Billion Loan For Ukraine
The U.S. Treasury on Tuesday transferred $20 billion of a massive $50 billion G7 loan to Ukraine. The funds are channeled through a World Bank intermediary called the Financial Intermediation Fund of Ukraine Strengthening and Investment Promotion Fund (FORTIS Ukraine FIF), and are aimed at strengthening Ukraine's economic stability amid the ongoing conflict with Russia. […]
An unseen financial threat looms before Trump and his Treasury
President-elect Trump and Treasury Secretary-elect Scott Bessent I drew a difficult hand. We all know about this country's ballooning national debt, the continued decline in purchasing power for many Americans, and the many other chronic economic challenges facing this country. But it's the threats we don't see or hear that pose the most immediate and […]
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced Wednesday that he will nominate economist Michael Faulkender to be deputy secretary of the Treasury, the second-highest position at the Treasury Department. If confirmed, Faulkender will report to Scott Bessent, President Trump's nominee for Treasury secretary. During Trump's first term, Faulkender at the Treasury Department implemented the Paycheck Protection Program (PPP), which […]
Secret Service confirms agent opened fire on carjackers outside Treasury Secretary Janet Yellen’s home
Secret Service agents opened fire on carjacking suspects in front of Treasury Secretary Janet Yellen's home early Tuesday morning, the Secret Service confirmed to Fox News Digital. Anthony Guglielmi, the USSS's chief communications officer, said officers on patrol in northwest Washington, D.C., opened fire on a group of people driving a sedan near their home. […]
Shots fired outside Treasury Secretary Janet Yellen’s home; Secret Service involved
The U.S. Secret Service announced that one of its employees was involved in a shooting outside Treasury Secretary Janet Yellen's home overnight. Officers assigned to Ms. Yellen's home in Washington, D.C., confronted several people who were trying to open a car door in her neighborhood around 1:30 a.m. According to In response to a statement […]
Former Trump Treasury official: 'Do not underestimate' Ocasio Cortez in 2028
A former Trump finance official on Friday warned Republicans not to “underestimate” Rep. Alexandria Ocasio-Cortez of New York, citing her accessibility to voters through social media and her “grassroots support.” ”. “She was an early adopter of social media, so…she's connected directly to voters,” Monica Crowley, who served as Treasury Department spokeswoman during the first […]
Trump’s Treasury nominee faces a tough balancing act
Among Donald Trump's cabinet appointments, the most important for investors is the Secretary of the Treasury, who will guide Trump's economic policy. Scott Bessent is well-qualified for the role and was considered the front-runner for the position following the election. However, he had to win “Knife Fight”According to the Wall Street Journal, he was able to […]
FACT CHECK: Did An Army Lieutenant Colonel Resign Over Trump’s Treasury Nominee?
Post Shared by X An Army lieutenant colonel has reportedly resigned over President-elect Donald Trump's Treasury Secretary nominee Scott Bessent. https://t.co/OgVa7MxPNmWhite Hat Council member resigns over Trump nominationbymichael baxterNovember 25th and 24th A White Hat Council member has resigned from the committee in protest of President Donald J. Trump's nomination of a “Soros stooge” to […]
Dow jumps on Treasury pick Scott Bessent’s promise to slash taxes
The Dow Jones Industrial Average rose nearly 400 points on Monday after President-elect Donald Trump's nominee for Treasury secretary, Scott Bessent, laid out his priorities, including tax cuts. In my first interview as a Treasury candidate wall street journalBessent said he would also focus on imposing tariffs, cutting spending and keeping the U.S. dollar as […]