Biden Treasury Dept official testifies ‘any dollar’ Iran gets in aid will fund ‘violent’ activities
The Treasury Department confirmed this week that funds sent to Iran will be used directly to fund the “violent” activities of Iran’s Revolutionary Guards Corps “before being used for civilian or humanitarian assistance.” Sen. Tim Scott is now demanding answers from Treasury Secretary Janet Yellen after Deputy Secretary Adewale Adeyemo testified before the U.S. Senate […]
Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants
The Teamsters pension fund returned $127 million in overpayments to the U.S. Treasury this week — months after an internal investigation revealed nearly 3,500 dead members in its kitty. Thomas Nyhan, executive director of the Central States Pension Fund, which handles retirement benefits for the International Teamsters Association, announced the repayment amounts Monday as part […]
Senior Biden Treasury Official Admits Money for Iran Goes Towards Violence
Deputy Treasury Secretary Wally Adeyemo on Tuesday inadvertently revealed that $6 billion that the Biden administration unfrozen on Iran last year in exchange for the return of five American prisoners was likely used to fund violent activities. Approved in parliament. Adeyemo said in testimony before the Senate Banking Committee: Senator, you are right that money […]
Treasury Secretary Janet Yellen calls for level playing field for US workers and firms during China visit
U.S. Treasury Secretary Janet Yellen on Friday called on China to address manufacturing overcapacity that could cause global economic disruption and level the playing field for U.S. businesses and workers. . The prime minister, who began a five-day visit to China in one of China’s major industrial and export hubs, said he expected tough talks […]
Dow Jones Today: Tesla Tumbles on Tepid Sales; Stocks Slump as Treasury Yields Climb to 2024 Highs – Investopedia
Oil prices near six-month high ahead of Wednesday’s OPEC+ meeting 25 minutes ago Global oil prices continued to soar on Tuesday amid a combination of supply and demand factors that threaten to push Brent crude prices above $90 per barrel for the first time in six months. On the eve of Wednesday’s latest meeting of […]
Trump considering billionaire TikTok investor Jeff Yass for Treasury secretary: report
Former President Donald Trump is considering hiring hedge fund manager Jeff Yass to be his Treasury secretary if he wins November’s presidential election, it was reported Thursday. Yas’ investment company, Susquehanna International Group, owns a 15% stake in ByteDance, TikTok’s Chinese parent company, and Yas personally owns a 7% stake in the company, worth about […]
House investigates Treasury for flagging Americans’ bank transactions
House Select Subcommittee on the Weaponization of the Federal Government examines the Treasury Department’s flagging of … source
Cardano Founder Reacts to ADA Hitting $3 and Treasury $4.5B – The Crypto Basic
Cardano founder Charles Hoskinson has reacted to the recent disclosure that the value of the Cardano Treasury could soar to $4.5 billion if ADA collects its ATH at $3. Known for his reactions to community updates on X, Hoskinson expressed visible elation regarding the substantial growth trajectory observed within the Cardano ecosystem during the current […]
S&P 500 Tops 4900 as Yields Fall on Treasury News: Markets Wrap – Yahoo Finance
(Bloomberg) — A busy week on Wall Street began with gains in stocks and bonds, with the Treasury Department surprising several traders by lowering its quarterly borrowing forecast to $760 billion. Most Read Articles on Bloomberg U.S. Treasury yields fell on the news, and the tech-heavy Nasdaq 100 rose 1%, outperforming the results of five […]
Senate Republican demands answers from Treasury on push for banks to ‘surveil’ customer transactions in 2021
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