The United States on Aug. 15 announced new sanctions on Chinese and Russian firms for facilitating illicit shipments on behalf of North Korea, adding to the already existing U.N. and U.S. sanctions. The U.S. Treasury Department said they imposed the designations against one individual and three companies—China-based Sun Moon Star International Logistics Trading Co., Ltd.; […]
The Brutal Truth About the CARNET: The Venezuelan Biometric ID Also Known as the Fatherland Card…
U.S. Targets Chinese, Russian Companies Over Illegal Shipments to North Korea…
U.S. Eases Sanctions on Aluminum Firm Tied to Russian Oligarch…
The Treasury Department Monday eased sanctions on Russian aluminum producer Rusal and said it would consider lifting them altogether if the company severs ties with Oleg Deripaska, a Russian oligarch with close ties to President Vladimir Putin. Rusal was sanctioned earlier this month by Treasury’s Office of Foreign Assets Control because of Deripaska’s stake in […]
Dear President Trump: America is in for a Rude Awakening in January…
Dear President Trump, Over the last couple of years I’ve been all over TV… from Fox News to CNBC, CNN and Bloomberg. I’ve been telling our fellow Americans that the financial global elite was planning to issue their own globalist currency called special drawing rights, or SDRs…
U.S. Treasury Unveils Financial Reforms, Critics Attack…
The U.S. Treasury Department unveiled a sweeping plan on Monday to upend the country’s financial regulatory framework, which, if successful, would grant many items on Wall Street’s wishlist. The nearly 150-page report suggested more than 100 changes, most of which would be made through regulators rather than Congress, Treasury Secretary Steven Mnuchin said in an […]
Treasury Secretary Mnuchin Wants to Put a Bigger Blindfold on Consumers…
Taxpayers Fund a First-Class Congressional Foreign Travel Boom…
Most taxpayers will never pay $10,000 in flights for an overseas trip, but in the year prior to the 2016 election, taxpayers paid for 557 such trips that each cost more than $10,000 for a member of Congress or a staffer. Those five-digit global itineraries made up 40% of all individual congressional trips for which […]
What Will Trump Do About The Fed, The Debt Ceiling, And Trade: His Key Economic Advisor Explains…
David Malpass, a Trump economic advisor, has been tasked with overseeing the transition for the Treasury Department and economic policy. Last month, Malpass addressed a group of economists and reporters in Washington, laying out the Trump’s economic vision ahead of his election…
Obama On Pace To Increase The Debt By Stunning $2.4 Trillion This Year
OK, this is pretty nuts. According to data released by the Treasury Department yesterday, the US national debt has soared by a whopping $294 billion since the start of the 2017 fiscal year, just 45 days ago. That’s an annualized increase of 13%…