After Trump pick Scott Bessent was confirmed as Treasury Secretary on Monday, Lebryk ceased to be acting agency head. The payment system in question is run by a handful of career officials within the Bureau of the Fiscal Service – which controls the flow of more than $6 trillion annually to households, businesses, and other entities nationwide – and includes Social Security, Medicare, federal salaries, payments to government contractors, tax refunds, grant recipients, and more…
Janet Yellen “Sorry” After Presiding over $15 Trillion Increase in U.S. Debt…
“I am concerned about fiscal sustainability and I am sorry that we haven’t made more progress,” she said adding that “I believe that the deficit needs to be brought down especially now that we’re in an environment of higher interest rates.”…
Trump To Unleash Financial Armageddon on Mexican Drug Cartels if He Wins: We Will Be “Seizing Assets”…
Former President Trump reportedly told allies earlier this year that he would covertly deploy Tier 1 US Special Forces operators to Mexico to wipe out drug cartel leadership if he returns to the White House. However, storming the command and control centers of cartels with guns blazing may not be the proper strategy to dismantle these criminal organizations…
House Judiciary Investigating IRS Corruption Claims: Is Agency Spying on Taxpayers ‘en masse’?…
Feds accused of watching bank accounts without legal justification…
Because, of Course He Does – JPMorgan CEO Jamie Dimon Wants Crypto Currency Banned in USA…
The US Treasury has set the financial system on an almost unreversible path to a U.S. Central Bank Digital Currency. Crypto is a threat to the establishment of that objective…
Vanguard Funds Invest In Chinese Military Companies, Report Says…
The Vanguard Group, one of the world’s largest asset managers, invests in Chinese military groups and companies linked to forced labor through index funds, a new report says. The report comes as the Treasury Department finalizes the rules pertaining to a White House executive order prohibiting certain outbound investments to China…
Treasury Documents: Hunter Biden Was Suspected of Hiring Prostitutes from ‘Eastern European Sex Trafficking Ring’ During Drug Binges and Falsifying Checks to Pay the Women…
Bank investigators suspected Hunter Biden was associated with a ‘sex trafficking ring’ and falsified checks to pay prostitutes, Treasury documents reveal…
The Banking Crisis for the Biggest U.S. Banks Began in April 2022; By December 14 They Had Shed $457 Billion of Deposits…
Pretty much everything the average American has read about the banking crisis is wrong. And there is at least a prima facie case that could be made that Big Media is responsible for that misinformation…
FDIC Seizure of Foreign Deposits at SVB Opens Pandora’s Box at JPMorgan Chase and Citi – Which Hold a Combined $1 Trillion in Foreign Deposits with No FDIC Insurance…
If you have been following the banking crisis, you have likely read at least a dozen times that on March 12 federal banking regulators, with the consent of the U.S. Treasury Secretary Janet Yellen, invoked the “systemic risk exception” in order to protect both insured and uninsured depositors at the two banks that failed in March – Silicon Valley Bank and Signature Bank…
The Pain of Silicon Valley Bank’s Collapse Is Being Felt by These Depositors…
Customers that banked at SVB’s Cayman Islands branch have had their funds seized by the FDIC…
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