President Trump announced on Truth Social that a $2,000 “tariff dividend” would be paid to Americans excluding “high income people,” promising that remaining funds after these payments would be used to “substantially pay down national debt.” The announcement …
President Trump committed $40 billion in U.S. assistance to bail out Argentina’s economy while explicitly tying aid to President Javier Milei’s reelection prospects, stating he would ‘cut it off’ if Milei loses. Treasury Secretary Scott Bessent assembled a $20 billion private …
Trump officials announced plans to remake the IRS to investigate liberal donors and nonprofit organizations, including specifically targeting George Soros and affiliated groups. The scheme involves replacing agency lawyers with political loyalists under the guise of ’terrorism financing’ …
Treasury Secretary Scott Bessent directed $20 billion in U.S. taxpayer funds to purchase Argentine pesos and stabilize markets ahead of elections, representing only the fourth time since 1996 that the United States has purchased another country’s currency. The extraordinary intervention …
1789 Capital falsely marketed an ‘Inaugural U.S. Treasury A.I. Summit’ featuring Treasury Secretary Scott Bessent, selling sponsorships with promised VIP access to senior government officials. The Treasury Department confirmed it never approved the materials or event. Organizers later …
Treasury Secretary Scott Bessent approved a $20 billion Argentina bailout that directly benefits hedge funds run by his former colleagues Stanley Druckenmiller and Robert Citrone, whose portfolios hold significant Argentine debt. Senator Elizabeth Warren demanded details on whether Managed Funds …
Treasury Secretary Scott Bessent announced a $20 billion rescue package for Argentina’s president Javier Milei, including currency swap agreements, direct peso purchases (only the fourth time since 1996 the U.S. bought another country’s currency), and Treasury bond purchases. The bailout …
Treasury Secretary Scott Bessent and the Financial Stability Oversight Council voted to dissolve two climate risk assessment panels that integrated climate considerations into financial regulation. The panels, established to evaluate how climate change threatens financial stability through physical …
Senator Ron Wyden introduced the Produce Epstein Treasury Records Act (PETRA) to compel Treasury Secretary Scott Bessent to turn over Epstein-related financial records to Senate investigators after Bessent twice refused Congressional requests in 2025. The Treasury files detail transactions totaling …
Senate Finance Committee Ranking Member Ron Wyden pressed Treasury Secretary Scott Bessent to release Epstein-related banking records covering at least $1.5 billion in suspicious transactions between 2003 and 2019. The Treasury files include suspicious activity reports detailing over 4,700 wire …
Treasury Secretary Scott Bessent missed the 90-day ethics deadline for divesting conflicted assets, retaining up to $25 million in North Dakota farmland generating up to $1 million annually in rental income. Bessent owns soybean and corn farmland while shaping agricultural trade policy and farm …
The Trump administration released a 166-page digital assets report recommending federal regulatory clarity for cryptocurrency markets, aimed at positioning the United States as the global leader in digital financial technology. The report calls for congressional action to provide CFTC authority over …
President Trump plans to host the 2026 G20 Summit at his Doral resort in Miami from December 14-15, 2026. The White House claims the event will be hosted ‘at-cost’ with no profit to Trump, but the move raises significant conflict of interest concerns, echoing his previously abandoned …
President Trump and allies propagated a baseless conspiracy theory about Fort Knox gold reserves, potentially manipulating gold markets and investor sentiment
Marko Elez, a 25-year-old engineer linked to Elon Musk, was granted administrative privileges including ability to write code for Treasury Department’s Payment Automation Manager (PAM) and Secure Payments System (SPS) that handle $6 trillion annually in Social Security, Medicare, and …
President Trump fired Rohit Chopra, the CFPB director appointed during the Biden administration, removing a key consumer protection advocate. Trump appointed Scott Bessent as acting director, signaling a significant shift in the agency’s leadership and approach to financial regulation.
Over 70 Trump administration officials and nominees reported cryptocurrency holdings totaling at least $193 million, with Treasury Secretary Scott Bessent disclosing $250,000-$500,000 in digital assets before divesting to avoid conflicts of interest.