A new proposal seeks repayment guarantees to the United States for wartime aid to Ukraine. Treasury Secretary Scott Bessent said that the new deal could be signed as…
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Treasury Secretary Discusses IRS Modernization
DOGE special advisor is optimistic about the project despite failures over 3 decades. U.S. Treasury Secretary Scott Bessent was interviewed alongside Sam Corcas, the CEO of tech startup…
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President Restores Public Student Loan Forgiveness to Original Parameters
He directs the removal of activist organizations from the definition of “public service.” President Donald Trump issued an order this month that restores the Public Student Loan Forgiveness…
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Treasury Department Blacklists Human-Smuggling Cartel Leader
The individual is a key leader of a Guatemala-based transnational criminal organization. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Jumilca…
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Treasury Secretary Rehires Whistleblowers
The two former agents had investigated Hunter Biden. Treasury Secretary Scott Bessent rehired the two former Internal Revenue Service (IRS) whistleblowers who claimed that the Justice Department (DOJ)…
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Treasury Secretary Responds to Recession Concerns
He says that corrections are normal and recession cannot be ruled out. U.S. Treasury Secretary Scott Bessent recently said that there are “no guarantees“ when it comes to…
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U.S. Treasury Secretary Meets with Australian Treasurer and Ambassador in D.C.
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.…
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President 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…
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Treasury 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.…
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