Keyword: treasury
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The Treasury Department has blocked nearly $100 million in taxpayer money from going to dead people since implementing a government-wide payment verification process last year, The Post has learned. The department’s Bureau of the Fiscal Service discovered the money set to go to ghosts after a review of an eye-popping 885 million payments worth a total of nearly $2.7 trillion. Since March 2025, the screening has identified more than 4,900 disbursements, worth approximately $99 million, associated with deceased payees, according to the Treasury. The payments going to the dead – often indicative of fraud – were returned to the originating...
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WASHINGTON (VINnews) – Treasury Secretary Scott Bessent disclosed publicly for the first time Thursday that he was the target of an alleged assassination plot just hours after being sworn into office. Speaking at a State Department ministerial on political terrorism, Bessent said he was the subject of an alleged assassination attempt “two hours after being sworn into my job,” adding that the case demonstrates that politically motivated violence remains a real threat. Federal prosecutors have charged Ryan Michael English, 24, of Massachusetts, in connection with the alleged plot. According to the Justice Department, English traveled to the U.S. Capitol on...
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Pam Bondi launches Joint Task Force October 7 (JTF 10-7) to prosecute Hamas operatives, disrupt terror financing and combat antisemitic crimes in US; task force will work with FBI, Treasury and Israel to pursue criminal charges, extraditions and sanctions
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Illegal Immigrants and Foreign Fraudsters steal BILLIONS every year from the American Taxpayer. As part of my Administration’s Historic effort to end FRAUD and reverse MASS ILLEGAL IMMIGRATION, I recently signed a powerful new Executive Order, which will be led by the Treasury Department, to stop Banks, Credit Cards, and Financial Institutions from being used to facilitate Human Smuggling, Drug Trafficking, Illegal Immigration, and the Criminal Cartels who orchestrate these activities. Access to our Nation’s Financial Systems must be limited to those who have a Legal Right to be here, and who are engaged in Lawful and Legitimate Commerce. Bank...
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Federal officials have served subpoenas to Marxist political influencer Hasan Piker and CodePink cofounder Susan Medea Benjamin as part of a wider investigation into whether U.S. organizations and leaders violated U.S. laws and sanctions in supporting Cuba’s communist regime, Fox News Digital has learned. Piker and Benjamin are among those caught in a federal inquiry into whether activists who traveled to Cuba in March violated U.S. sanctions laws through the financing, coordination or delivery of goods to Cuba, including potential contacts with Cuban government personnel or entities on the island. The administrative subpoenas were sent to the pair by the...
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No matter how far liberals sink, we can always count on them to explore new depths of pettiness. For instance, leave it to liberals to grouse about a modest and historically appropriate change to a commemorative coin now in circulation. Then, leave it to those same liberals to blame President Donald Trump for the design when, in fact, the change occurred during the final months of former President Joe Biden's administration. […] … (L)iberals have speculated that the removal of the peace-signifying olive branch symbolizes Trump’s bellicosity. […] As usual, however, the liberals got it wrong. In fact, the Citizens...
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Surging Treasury yields sent the stock market a warning on Friday amid a sell-off in global bonds.The 30-year Treasury yield (^TYX) rose 10 basis points to reach 5.12%, its highest level since June 2007. The 10-year benchmark yield (^TNX), meanwhile, climbed 11 basis points to 4.57%, its highest level since May 2025. Bond yields and prices move in opposite directions, meaning that when yields rise, prices fall.Both bonds broke above the key psychological levels of 5% and 4.5%, respectively. As Yahoo Finance’s Jared Blikre has written before, the 5% zone for the so-called long bond represents a danger zone that...
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U.S. dollar bills will bear President Donald Trump's signature to mark the 250th anniversary of American independence, the Treasury Department said, a first for a sitting president. Trump's signature will be placed on all U.S. paper currency and will replace the Treasurer of the United States' signature on U.S. money for the first time in 165 years. Treasury Secretary Scott Bessent said the move will recognize the Trump administration's "historic achievements."
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🚨 HOLY CRAP! Scott Bessent just PUMMELED Gavin Newsom in Davos "He's here this week with his billionaire sugar daddy, Alex Soros!" 🔥 "I think it's very, very ironic that Newsom — who strikes me as Patrick Bateman meets Sparkle Beach Ben — may be the only Californian who knows less about economics than Kamala Harris!" BOOM!
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excerpt- Revenue from the oil sales is currently being held in bank accounts controlled by the US government, as indicated in Friday’s order, according to the administration official. The main account, according to a second senior administration official, is located in Qatar. The second official described Qatar as a neutral location where money can flow freely with US approval and without risk of seizure. Trump’s order noted that at least some of the revenue would be held in US Treasury accounts.
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The U.S. Treasury and State Departments designated several chapters of the Muslim Brotherhood as foreign terrorist organizations (FTOs) or specially designated global terrorists (SDGTs) on Tuesday. The State Department has designated the Lebanese Muslim Brotherhood as an FTO and SDGT, and its leader, Muhammad Fawzi Taqqosh, as an SDGT, Secretary of State Marco Rubio announced in a statement. Meanwhile, the Treasury Department has determined the Egyptian Muslim Brotherhood and the Jordanian Muslim Brotherhood to be “SDGTs for providing material support to Hamas,” he added. The designations come after President Donald Trump ordered a review of Muslim Brotherhood chapters for designation...
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BUENOS AIRES, Argentina (AP) — Argentina has repaid the funds it drew from a $20 billion credit line with the Trump administration, U.S. Treasury Secretary Scott Bessent announced Friday, in a crucial step for Argentine President Javier Milei to restore confidence in his chronically distressed economy. In addition to making payments to bondholders, Milei’s radical libertarian administration had “quickly and fully repaid its limited draw,” Bessent said, without specifying the amount. The Treasury’s latest report on the status of the credit line said that Argentina’s central bank had traded pesos for $2.5 billion through the swap as of the end...
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President Trump is taking decisive against the egregious fraud being committed against American taxpayers, and @USTreasury is following the money. We took on the mafia. We took on the cartels. Now, we are cracking down on Somali fraud networks and money being wired out of our country. We are opening investigations and putting an end to illicit activities in order to defend taxpayers and put America First.
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Treasury Secretary Scott Bessent predicted that Americans will see "gigantic" refund checks in the upcoming filing season, thanks to tax cuts in President Donald Trump's One Big Beautiful Bill Act (OBBBA). Bessent, who also serves as the acting commissioner of the IRS, made the remark during an appearance on the "All-In Podcast." The treasury secretary told the hosts that the tax provisions in the act, which Trump signed in July, applied retroactively to the beginning of the year, and because most workers did not change their withholdings, many can expect sizable refunds in 2026. "I can see that we’re gonna...
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The Treasury Department sent a letter last week to conservative influencer Erika Kirk with findings that contradict fraud allegations about the finances at Turning Point USA and could help her refute those claims, sources told CBS News. Questions were being raised on social media about the finances at Kirk's organization, Turning Point USA, and podcaster Candace Owens and others were urging donors to demand refunds. That led a few of its small-dollar donors to ask for their money back, one of the sources said. Erika Kirk runs the nationwide conservative college student organization co-founded by her late husband, Charlie Kirk....
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NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962 Trade Act that give the president sweeping powers over import duties. “We can recreate the exact tariff structure with [sections] 301, with 232, with 122,” he said during an onstage interview at The New York Times DealBook Summit. Asked by host Andrew Ross Sorkin —...
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December 2015 was a pivotal month in many respects. During the first week of December 2015, Donald Trump began to establish a substantial lead over his Republican primary opponents. Vice President Joseph Biden traveled to Ukraine to announce, on December 7th, a $190 million program to “fight corruption in law enforcement and reform the justice sector,” but behind the scenes explicitly linked a $1 billion loan guarantee to the firing of Ukrainian prosecutor Viktor Shokin, who had been investigating the energy company Burisma, which employed Biden’s son Hunter. On December 9, 2015, the reported whistleblower Eric Ciaramella held a meeting...
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The Treasury Department on Monday revealed the full list of jobs that will qualify for a new tax deduction aimed at fulfilling President Donald Trump's campaign pledge to end taxes on tips. The list, which the Treasury Department provided exclusively to Axios, is divided into eight sections based on the type of work performed and will be published in the Federal Register along with a series of proposed regulations from the Treasury and the Internal Revenue Service.
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Paul Craig Roberts and the Certifiable Right By Ben Johnson FrontPageMagazine.com | March 17, 2006 Quick – what columnist alleged in an article Thursday that President “Bush intends to attack Iran and that he will use every means to bring war about?” That Bush has used “bribery and coercion” to block “every effort to bring the dispute to a peaceful end”? That “in order to gain a pretext for attacking Iran,” he and a “’black opts’ [sic.] group will orchestrate [an] attack” on U.S. soil? One would never expect to hear the author is “chairman of the Institute for Political...
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Rumors are circulating that the United States may begin to print $500 bills. The US Bureau of Engraving and Printing began printing $500 bills in 1861 until 1945, formally discontinuing them in 1969 when Nixon moved to close the gold window. The US Treasury has since required banks to send all $500 bills back to them to be destroyed, as the government claimed higher-denominated notes paved the way for criminal activity. Collectors know that the US Treasury issued $1,000, $5,000, $10,000, and even $100,000 notes once upon a time. The $100,000 bill featured President Woodrow Wilson and was issued as...
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