Complicated business folks, complicated business….President Trump is withdrawing his nomination for former U.S. attorney for D.C. Jessie Liu to serve as the Treasury Department’s undersecretary for terrorism and financial crimes, a top position overseeing economic sanctions, according to two sources with direct knowledge. The big picture: Liu was confirmed in September 2017 to lead the […]
Former Senior Treasury Financial Crimes Official Pleads Guilty to Leaking Records of Cohen, Manafort, Gates, Butina and More…
As you review this story keep in the back of your mind that U.S. DC Attorney Jessie Liu has been recently moved to head the Financial Crimes Division of the Treasury Department. CTH noted last year when John Fry, an intelligence analyst with the IRS’s law enforcement arm, was arrested that something more was happening […]
Congress Held a Hearing on the Fed’s Bailout of the Repo Market: Here’s Why You Haven’t Heard About It…
Trump Announces Tariffs on Steel and Aluminum From Brazil and Argentina…
Brazil and Argentina will face American tariffs on steel and aluminum, President Donald Trump announced early Dec. 2. “Brazil and Argentina have been presiding over a massive devaluation of their currencies, which is not good for our farmers. Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into […]
U.S. Dollar Faces the Threat of Being Displaced by China’s Digital Currency…
From a dictation of a blanket ban on all crypto activities and digital currencies as tools for retail payments, including access to international exchange platforms in 2018, to recent declaration of the People’s Bank of China (PBOC) to launch a central bank-backed digital currency (CBDC) by November 11, 2019, China has come a long way. […]
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