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The Best in Alternative News

Treasury Employee Arrested. Accused of Leaking Bank Records on Manafort, Gates, Russia…

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The U.S. has arrested a Treasury Department employee for leaking confidential bank records pertaining to Paul Manafort, Rick Gates, the Russian Embassy and Maria Butina, who’s been accused of being a Russian agent. Natalie Mayflower Sours Edwards , a senior adviser at the Financial Crimes Enforcement Network, known as FinCEN, was accused of leaking Suspicious […]

Treasury Sanctions Vast Financial Network Supporting Iranian Paramilitary Force That Recruits and Trains Child Soldiers…

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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today against a vast network of businesses providing financial support to the Basij Resistance Force (Basij), a paramilitary force subordinate to Iran’s Islamic Revolutionary Guard Corps (IRGC). Among other malign activities, the IRGC’s Basij militia recruits, trains, and deploys child soldiers […]

Deficit Hits Six-Year High of $779B…

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The federal government spent $779 billion more than it took in during the 2018 fiscal year, the highest deficit since 2012, according to Treasury Department data released Monday. The deficit rose 17 percent from the previous year, fueled by the 2017 GOP tax cuts and a bipartisan agreement to increase spending. Treasury projected that the […]

Lighthizer Submits 90-day U.S.-Mexico Trade Modification Notification to Congress…

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U.S. Trade Represenative Robert Lighthizer releases a statement announcing the administration is filing a NAFTA Section 2202 trade modification “notification of intent” letter to congress: Washington, DC – U.S. Trade Representative Robert Lighthizer today issued the following statement regarding the status of trade negotiations with Mexico and Canada: “Today the President notified the Congress of […]

Here’s Who Owns a Record $21.21 Trillion of U.S. Debt…

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Who owns the huge and growing U.S. national debt? By and large, Americans. Some 70% of the national debt is owned by domestic government, institutions investors and the Federal Reserve. A shade under 30% is owned by foreign entities, according to the latest information from the U.S. Treasury. The nation’s debt climbed to a record […]

National Debt Jumps $500B in Less Than Six Months…

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The U.S. national debt has increased by more than half a trillion dollars in less than six months, amid predictions that the U.S. is on the verge of returning to another explosion in government borrowing. The debt rose to an all-time high of $21.4 trillion on Thursday, according to government data posted Friday. That’s more […]

Obama Administration Knowingly Funded a Designated Al-Qaeda Affiliate…

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The Middle East Forum has discovered that the Obama administration approved a grant of $200,000 of taxpayer money to an al-Qaeda affiliate in Sudan — a decade after the U.S. Treasury designated it as a terrorist-financing organization. More stunningly, government officials specifically authorized the release of at least $115,000 of this grant even after learning […]

Why China Can’t Afford a Trade War…

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China and the United States have agreed not to impose tariffs on one another—that is, not to engage in a trade war—at least while they negotiate a trade settlement. If the White House is to be believed, China has agreed to increase “significantly” its purchases of American goods, especially agricultural products. This is welcome news: […]

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