U.S. tariffs primary topic during the first meeting of fiscal leaders. U.S. Treasury Secretary Scott Bessent welcomed Australian Treasurer Jim Chalmers to Washington D.C. for a week of…
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Treasury Department Places Sanctions Against Iranian Oil Network
The target entities are in China, India, and the United Arab Emirates. The Treasury Department announced new sanctions against an international network allegedly shipping Iranian oil to China.…
Read MorePresident Instructs Treasury Secretary to Stop Production of New Pennies
The U.S. Mint reported the manufacturing and distribution costs over triple their value. President Donald Trump announced that he has directed Treasury Secretary Scott Besent to halt the…
Read MoreTreasury Secretary Says Payment System “Not Being Touched” By DOGE
House minority members introduce bill to restrict access to taxpayer data. Treasury Secretary Scott Bessent reported that the U.S. DOGE Service is not touching the department’s payment system.…
Read MorePresident Trump Warns Iran to Not Target U.S. Officials
He issued a memorandum placing maximum pressure on that nation. President Donald Trump stated last week that Iran would “be obliterated” if they were to target any current…
Read MorePresident Trump Pauses Tariffs on Mexico and Canada
The move came after he spoke with President Sheinbaum and Prime Minister Trudeau. President Donald Trump paused the 25 percent tariffs that were slated to take effect over…
Read MoreSenate Confirms Scott Bessent as Treasury Secretary
Members of the upper chamber of Congress continue through the confirmation process of the president’s Cabinet. The Senate confirmed Scott Bessent as the new Secretary of the Treasury…
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