treasury
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riotimesonline.comDominican National Indicted for Using Stolen Identity to Obtain COVID Relief and SNAP Benefits
A federal grand jury in Boston indicted a Dominican national living unlawfully in Lowell on charges he used a stolen identity to fraudulently claim pandemic relief funds and SNAP benefits. The case triggers mandatory federal restitution proceedings and adds to the Department of J…
redir.folha.com.brBrazilian National Charged With Using Fake Passport to Open Business Bank Accounts
A Brazilian national living unlawfully in Marlborough, Massachusetts, faces federal charges for allegedly using a false passport to open and access business bank accounts. The case triggers mandatory identity verification reviews by banks that accepted the documents and sets a Ju…
usmagazine.comOsceola Man Sentenced to 21 Months for $640912 Wire Fraud
Levelle Joseph Harris of Kissimmee received a 21-month federal prison term and must forfeit $640,911.85 after pleading guilty to wire fraud. The forfeiture returns the full proceeds of the scheme to the government while the sentence triggers standard federal supervised release an…
forbes.comU.S. Treasury 10-Year Yield Reaches 4.44 Percent
Interest rates on U.S. government debt have risen since the end of February. Mortgage rates reached nine-month highs and auto sales declined. Economists link the moves to higher inflation expectations and continued large budget deficits.
foxnews.comUK Bars Hasan Piker and Cenk Uygur Over Past Controversial Statements Ahead of SXSW London
Hasan Piker and his uncle Cenk Uygur were both blocked from entering the United Kingdom for scheduled appearances at the SXSW London festival. British officials cited public-good concerns in the decisions.
rte.ieU.S. Tightens Terms for Iran Deal Framework
President Trump has sent revised conditions for a potential agreement to end the war in Iran. Iran has not accepted the changes and says it will respond with its own revisions if needed.
New York PostTreasury Secretary Says $250 Bill Design Prepared for Possible Legislation
Treasury Secretary Scott Bessent said the department prepared a mock-up of a $250 bill featuring President Trump's image. The design is ready if Congress passes legislation authorizing the new denomination.
cnbc.comU.S. Treasury Secretary Says No Nuclear Deal With Iran Without Weapon Prevention
The Treasury Secretary stated the United States will reject any agreement that fails to block Iran from obtaining a nuclear weapon. The position was issued in a public statement.
Fox NewsHasan Piker Defends Singham-Funded Activists at New Jersey ICE Protest
Influencer Hasan Piker spoke at a protest outside the Delaney Hall ICE facility in Newark, New Jersey. He described individuals linked to Neville Roy Singham's network as "wonderful people" and said he had not received a federal subpoena related to a March trip to Cuba.
NewsweekGiants Quarterback Addresses Backlash After Rally Appearance
New York Giants quarterback Jaxson Dart spoke publicly about introducing President Trump at a May 22 rally. A teammate posted and later deleted a critical comment on social media. The team held internal discussions before both players addressed the matter with reporters.
abcnews.go.comTrump Administration Plans Appeal of Tariff Refund Order
The administration said Friday it will appeal a federal judge's ruling that allowed all companies paying the tariffs to seek refunds. The Supreme Court had previously ruled the tariffs lacked constitutional authority.
FortuneShip Traffic Resumes Through Strait of Hormuz as U.S. Offers Navigation Advice and Most Vessels Seek Iranian Approval
Commercial vessels are transiting the contested waterway after three months of closure, using U.S. military guidance and alternate routes near Oman. At least a quarter of non-Iranian ships stranded in the Persian Gulf have departed.
U.S. Seizes $1 Billion in Cryptocurrency Linked to Iran
Treasury Secretary Scott Bessent said authorities grabbed wallets connected to Iran under Operation Economic Fury. The action targets overseas revenue channels and digital-asset infrastructure.
jns.orgIranian Missile Debris Injures Five at Kuwait Air Base
Kuwaiti air defenses intercepted an Iranian Fateh-110 missile near Ali Al Salem Air Base. Falling debris injured five Americans and damaged two MQ-9 Reaper drones.
realitytea.comTrump Calls for Unrestricted Shipping Through Strait of Hormuz
President Trump posted on Truth Social that the Strait of Hormuz must remain open without tolls. Iranian Foreign Minister Seyed Abbas Araghchi discussed future administration of the waterway with Oman.
rediff.comTreasury Completes Advance Planning for Possible $250 Note Marking Nation's 250th Anniversary
The Treasury Department has prepared preliminary designs for a $250 note featuring President Donald Trump ahead of possible congressional action. Current law bars living individuals from appearing on U.S. currency.
Fox NewsTreasury's OFAC Issues Administrative Subpoenas to Hasan Piker, Medea Benjamin Seeking Records on Cuba Convoy Travel and Funding
The Treasury Department's Office of Foreign Assets Control issued administrative subpoenas to Twitch streamer Hasan Piker and CodePink co-founder Medea Benjamin seeking records on their March 2026 travel to Cuba and related communications and financial activity.
Washington ExaminerTrump Touts Tax Cuts and New Child Savings Accounts at Cabinet Meeting Amid Poor Polling on Cost of Living
President Trump met with his Cabinet this week and pointed to the One Big Beautiful Bill Act as the largest tax cuts in American history. The administration is promoting several new policies aimed at lowering costs for families.
reviewjournal.comIsraeli Military Reports Four Projectiles Intercepted from Lebanon
The Israeli military said four projectiles fired from Lebanon were intercepted over northern Israel with no injuries. Air-raid sirens sounded in several northern areas.
foxnews.comTreasury Department Sends Inquiry to CodePink About Cuba Trip
CodePink co-founder Medea Benjamin confirmed that the organization received an email inquiry from the Treasury Department's Office of Foreign Assets Control. The request seeks detailed information about the group's March trip to Cuba and the humanitarian supplies it delivered.
upi.comU.S. Treasury Officials Comment on Iran Sanctions Relief Pace
Officials addressed questions about the pace of any sanctions relief tied to Iran. They indicated changes would occur gradually if implemented.
nationalpost.comU.S. Treasury Seizes About $1 Billion in Iranian Crypto Holdings
Treasury Secretary Scott Bessent stated that authorities have seized roughly $1 billion in cryptocurrency linked to Iran. He added that officials estimate Iran had been obtaining $400 million to $500 million per month through the activity.
Washington ExaminerFederal Agency Sells Liberty Loan Building in Washington
The General Services Administration sold an underused federal property in Southwest Washington, D.C. Officials said the transaction will reduce deferred maintenance and operating costs.
eco-business.comPhilippines Receives First Iranian Crude Cargo Since Hormuz Blockade
A Suezmax tanker delivered Iranian crude to the Bataan refinery in mid-May after a ship-to-ship transfer near Singapore. The shipment marks the first Iranian oil cargo received by the Philippines since the Strait of Hormuz disruption began.
U.S. Tells Oman It Opposes Strait of Hormuz Tolling System
The United States warned Oman on Thursday not to facilitate any tolling arrangement in the Strait of Hormuz. Officials said any partners involved would face penalties.
rediff.comDraft Iran Deal Would Restore Pre-War Conditions Over 60 Days
A draft memorandum would halt fighting with Iran and return conditions to those of February 27 before a longer agreement is negotiated. President Trump is reviewing the proposal, which includes reopening the Strait of Hormuz and limits on Iran's nuclear activities.
indiatoday.intoday.inU.S. administration criticizes Oman Strait of Hormuz toll plan
The administration has threatened sanctions and military action against Oman if the country assists Iran with a proposed tolling system. Oman has long served as a U.S. security and economic partner in the region.
newser.comBill Would Allow $250 Note Featuring Sitting President for 250th Anniversary
A Republican lawmaker introduced legislation to create a new $250 bill marking the United States semiquincentennial. The measure would exempt the commemorative note from a long-standing prohibition on depicting living individuals on currency.
foxnews.comU.S. Strikes Iran, Issues Threats and Sanctions as Tehran Limits Retaliation in Nuclear Talks
Negotiators are exchanging proposals for a 60-day extension of the U.S.-Iran ceasefire and renewed nuclear talks, but no final agreement has been reached. Fresh U.S. strikes and Iranian retaliation have tested the truce while sanctions tighten on Iranian oil exports.
revolver.newsTreasury Prepares New $250 Bill Featuring Living Person
The Treasury Department is preparing designs for a new $250 bill that would show a living individual. The plan requires congressional legislation to change existing rules.
inquisitr.comTreasury Designs $250 Bill With Trump Portrait, Needs Congress Approval
The U.S. Treasury has prepared a design for a $250 bill featuring President Trump's image. The plan requires new legislation because current law bars living people from appearing on currency.
Washington ExaminerU.S. and Iran Reach Tentative 60-Day Ceasefire Deal Awaiting Trump Approval
U.S. and Iranian negotiators agreed on a 60-day memorandum of understanding to extend a ceasefire and address Iran's nuclear program. President Trump has not yet approved the deal, which includes commitments on uranium and free navigation through the Strait of Hormuz.
rediff.comTreasury Secretary Bessent Urges Congress to Pass Crypto Clarity Act
Treasury Secretary Scott Bessent stated there will be no central bank digital currency and called on lawmakers to advance the Clarity Act to attract digital assets to the United States.
ForbesBill Would Put President Trump on $250 Bill for Nation’s 250th Anniversary
Treasury officials are preparing designs for a new $250 note showing President Trump ahead of the nation’s 250th anniversary. Federal law bars living people from appearing on currency, so any final production would require congressional approval.
Washington ExaminerTreasury Secretary Bessent to Hold White House Press Briefing Thursday
Treasury Secretary Scott Bessent will conduct the daily White House press briefing at 2 p.m. Thursday. He is substituting for press secretary Karoline Leavitt, who is on maternity leave.
Washington ExaminerU.S. and Iran Reach Framework for 60-Day Ceasefire Extension
U.S. and Iranian negotiators have agreed on a memorandum of understanding to extend the current ceasefire by 60 days and open talks on Iran’s nuclear program, but President Trump has not yet approved the deal.
BBCIran Collects Navigational Fees in Territorial Waters of Strait of Hormuz
U.S. forces struck a military site in Bandar Abbas and intercepted Iranian drones near the Strait of Hormuz. Iran responded by targeting a U.S. air base in Kuwait hours later.
Washington ExaminerTreasury Officials Advance Plans for $250 Bill with Trump Portrait
Political appointees at the Treasury Department have directed the Bureau of Engraving and Printing to create prototypes for a new $250 bill featuring President Trump’s portrait. The Washington Post first reported the internal push.
usmagazine.comTrump Administration Designs $250 Bill Featuring President Trump
The Trump administration and U.S. Treasury are developing a $250 bill that would carry President Trump's image. If issued, the note would mark the first time a living person has appeared on U.S. currency since 1866.
EuronewsU.S. and Iran Exchange Strikes in Strait of Hormuz Region
U.S. forces struck Iranian drones near Bandar Abbas. Iran said it responded with strikes on a U.S. airbase. Washington placed sanctions on a new Iranian transit authority.
BenzingaU.S. Treasury Sanctions Iran Strait Authority Over Hormuz Operations
The Treasury Department imposed sanctions on the Persian Gulf Strait Authority, the entity that manages Strait of Hormuz traffic. Officials said the authority participates in an Iranian scheme that violates U.S. sanctions and international law.
U.S. Re-Adds U.N. Expert Albanese to Sanctions List
The United States restored sanctions on U.N. expert Francesca Albanese on May 27 after an appeals court stayed a lower court order. The Treasury Department posted the updated designation on its website.
BloombergTrump Accounts Launch via Treasury App on Thursday
A mobile app for parents to manage Trump Accounts for their children will become available Thursday. Treasury Secretary Scott Bessent said the accounts themselves open July 4.
news.sky.comTwitch Streamer Names Tech Executive as Funder of U.S. Political Groups
Hasan Piker identified Neville Roy Singham during a May 26 livestream as a donor to several activist organizations. The remarks followed reports of a Treasury Department inquiry into Singham-linked groups and a Cuba trip involving Piker and CodePink.
mondoweiss.netBarry C. Lynn Promotes Neo-Brandeisian Antitrust Views
Barry C. Lynn has advanced an antitrust framework that attributes many U.S. social and economic problems to corporate consolidation. He leads the Open Markets Institute and previously worked at the New America Foundation.
Economists Comment on Australian Budget Tax Proposals
Five economists discussed the federal budget and opposition reply released two weeks ago. They welcomed several tax measures while calling for broader reform.
techjuice.pkLawmaker Urges Sanctions on Entities Tied to Iran Strait Toll System
A U.S. senator has called for sanctions against countries and entities supporting Iran's new toll collection system in the Strait of Hormuz. The request targets the Persian Gulf Strait Authority and any foreign facilitators of toll payments.
Los Angeles TimesKevin Warsh Sworn In as Federal Reserve Chair at White House Ceremony
President Trump hosted the swearing-in of Kevin Warsh as the new Federal Reserve chair on Friday. Warsh pledged to lead a reform-oriented central bank focused on price stability and maximum employment.
CoinDeskColumn Describes AI Agents Managing Retail Investor Finances
A CoinDesk opinion column outlines how stablecoins, tokenization, and autonomous AI agents could give retail investors access to treasury management tools previously limited to institutions. The piece projects growth in stablecoins and tokenized assets over the coming years.
680news.comDemocrats Seek Details on IRS Settlement and Fund
Senate Democrats have asked Treasury and IRS officials for information about a settlement that created a nearly $1.8 billion fund. The request follows a lawsuit filed by President Trump against the IRS.
New York PostU.S. Justice Department Indicts Former Spanish Prime Minister and Cuban Leader
Federal prosecutors filed charges against former Spanish Prime Minister José Luis Rodríguez Zapatero and Cuban leader Raúl Castro in separate cases. The actions target alleged financial ties to Venezuela and a 1996 incident over international waters.
nypost.comGaza Flotilla Activists Arrive in Istanbul After Detention
Activists from the Global Sumud Flotilla reached Istanbul on May 21, 2026, with reports of injuries sustained during Israeli detention. Videos showed some participants being removed on stretchers.
foxnews.comSenior Fellow Testifies on Updating Anti-Money Laundering Rules
Carole House appeared before a House subcommittee on May 21 to discuss changes to the Bank Secrecy Act. She addressed how new technologies and threats affect financial crime prevention.
etftrends.comU.S. Sells $19 Billion in 10-Year TIPS at 2.169% Yield
The Treasury sold $19 billion of 10-year Treasury Inflation-Protected Securities. The high yield reached 2.169 percent with a bid-to-cover ratio of 2.52.
foxnews.comU.S. Treasury Sanctions Four Individuals Linked to Pro-Hamas Flotilla
The Treasury Department sanctioned four individuals tied to a flotilla organized by the Popular Conference for Palestinians Abroad. The action also targets members of Muslim Brotherhood networks aligned with Hamas.
Fox NewsCongressional Report Says U.S. Banks Underwrote Offerings for Chinese Battery Firm CATL
A House committee report states that JPMorgan Chase and Bank of America helped CATL raise capital through stock offerings after the Pentagon placed the company on its list of Chinese military-linked firms. The report says the banks conducted due diligence but accepted CATL's stat…
ecns.cnU.S. Ambassador Criticizes Israeli Minister Over Flotilla Video
U.S. Ambassador to Israel Mike Huckabee publicly criticized Israeli national security minister Itamar Ben-Gvir after a video showed him taunting detained activists. The comments came one day after the U.S. Treasury sanctioned four organizers of a Gaza-bound aid flotilla.
France 24Two Capitol Police Officers Sue to Block Trump Administration Fund
Two officers who defended the Capitol on January 6, 2021, filed suit to stop payouts from a nearly $1.8 billion fund created under a settlement of President Trump's lawsuit against the IRS and Treasury Department.
news24.comU.S. Treasury Projects $2 Trillion Federal Budget Deficit for Fiscal Year 2026
The Treasury Department and bond market participants project a federal budget deficit of about $2 trillion for fiscal year 2026. The figure exceeds the Congressional Budget Office estimate issued in February and the $1.8 trillion deficit recorded in the prior fiscal year.
ReasonTrump Administration Creates $1.776 Billion Fund for Claims of Government Weaponization
President Trump settled his personal lawsuit against the IRS over leaked tax returns. The settlement established a fund to compensate individuals who claim they were targeted by federal law enforcement.