Melania Trump unveils a spinoff of Trump Accounts for foster kids First lady Melania Trump and Treasury Secretary Scott Bessent have announced the launch of Fostering the Future Accounts AAP · Jun 11
Melania Trump announces spinoff of Trump accounts for kids in foster care The accounts are set to open for contributions on July 4 The Independent UK · Jun 11
Cuba Blasts New U.S. Sanctions After Trump Targets President Díaz-Canel, His Family and Raúl Castro's Inner Circle Cuba's government lashed out at Washington after the Trump administration imposed a sweeping new round of sanctions on President Miguel Díaz-Canel, his wife, his stepson, relatives of Raúl Castro and five key Cuban entities, escalating a pressure campaign that is now reaching not only the island's formal leadership but also… Latin Times · Jun 5
The Latest: Scott Bessent testifies before the House on Treasury Department priorities Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a… The Independent UK · Jun 4
Trump's Immunity Deal Stinks Even More Than His Blatantly Corrupt 'Anti-Weaponization Fund' An addendum to the president's "settlement" of his lawsuit against the IRS shields him and his family from liability for any federal offenses they committed prior to May 19. Reason · Jun 3
Bernie Sanders' AI Wealth Fund Bill Shows That He Doesn't Understand AI or Wealth Sanders' plan would impose a one-time tax of 50 percent of AI companies' stock and give the government voting shares and the power to block corporate decisions. Reason · Jun 2
U.S. Offers $15 Million Reward for Information Leading to the 'Disruption of the Financial Mechanisms' of the Islamic Revolutionary Guard The Treasury Department also sanctioned an alleged oil sales network involving Hong Kong-based entities that facilitated storage, transport and sale of Iranian oil worth billions of dollars Latin Times · May 29
Meet Trump’s ‘favourite British artist’ designing the White House’s new $250 bill Iain Alexander claims he’s painted portraits of the US president, Queen Elizabeth II, and Elon Musk’s mother The Independent UK · May 29
‘The buck stopped here’: Donald Trump appointees adamant on making Trump $250 banknote happen, even if it means reassigning key staff Even at the cost of breaking a 150 year old tradition. We Got This Covered · May 29
US Treasury prepares mock-up of $250 note with Trump portrait US Treasury Secretary Scott Bessent revealed mock-ups for a proposed $250 note featuring President Donald Trump, pending Congressional approval. Current law prohibits living individuals on currency, but proposed legislation aims to amend this. This initiative has reportedly caused internal controversy and led to the reassignment of the Bureau of Engraving… The Economic Times · May 29
Trump Accounts app for kids goes live: Who qualifies for $1,000 government deposit, how parents can apply, launch date, app features, contributions and withdrawal rules explained Trump Accounts for kids app explained: Parents can now access the Trump Accounts mobile app, a new government savings program for children. Launched May 28, the app offers financial literacy tools ahead of the official account debut on July 4, 2026. Eligible children born between 2025-2028 will receive a $1,000… The Economic Times · May 28
Trump's face could appear on US $250 bill A proposal to feature Donald Trump on a new $250 bill for America’s 250th anniversary is under discussion, raising legal and political concerns. The move would break a long-standing ban on depicting living individuals on US currency, with critics calling it controversial and supporters framing it as symbolic recognition. The Economic Times · May 28
Trump’s face on $250 bill? White House pushes bold currency plan The Trump administration is exploring plans for a commemorative USD 250 bill featuring President Donald Trump, a move that would require Congress to overturn a long-standing federal law barring living people from appearing on American currency. The Times of India · May 28
Treasury Exploring $250 Bill That Would Have Trump's Face On It: Report The Treasury Department is exploring what a $250 bill featuring President Trump would look like. International Business Times · May 28
The Economic Times · May 28 Treasury officials moot $250 note featuring Trump: Report America may soon see a USD 250 currency note with President Donald Trump's portrait. This move requires a new law from Congress. Officials are preparing designs for the note. Trump's image is also planned for a gold coin. These initiatives coincide with celebrations for America's 250th anniversary.
The Independent UK · May 28 Trump now wants to create a new $250 bill with his face on it: report Under federal law, only deceased people can appear on currency
The Economic Times · May 28 US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involved America has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could invite US sanctions. This move escalates pressure on Tehran's control over the vital Strait of Hormuz. The US Treasury Department stated that such cooperation might support Iran's Revolutionary Guard…
Latin Times · May 26 Experts Say Trump Banking Crackdown May Hit Mexico Through Reduced Remittance Flows, Warn Banks Could 'Use This as an Excuse' to Pull Back The order directs the Treasury Department and federal banking regulators to tighten customer identification and due diligence requirements for financial institutions
The Times of India · May 24 Hasan Piker reportedly under scrutiny over Cuba sanctions investigation Popular Twitch streamer Hasan Piker is reportedly under scrutiny by U.S. officials regarding a recent trip to Cuba. The Treasury Department's OFAC has issued a "Request for Information" linked to his participation in the "Nuestra América Convoy." Investigations are examining potential violations of U.S. sanctions and laws concerning travel and…
France 24 · May 20 US lifts sanctions against Francesca Albanese, UN rapporteur on Palestinians The United States on Wednesday lifted sanctions on Francesca Albanese, a UN expert critical of Israel’s treatment of Palestinians, after a court order. A Treasury Department notice showed Albanese was removed from a sanctions blacklist that had effectively cut her off from global banking and credit card services.
The Independent UK · May 19 Top government lawyer resigns as outrage mounts over Trump’s ‘slush fund’ of $1.7B for allies The Treasury Department would have been responsible for distributing payments to those who successfully filed claims with the anti-weaponization fund
International Business Times UK · May 19 Trump's Treasury Lawyer Resigns in Disgust Over Secret $1.8 Billion Payout Fund for J6 Rioters Brian Morrissey resigned just hours after the Trump administration created a $1.776 billion 'anti‑weaponisation' fund to compensate allies, including some Jan. 6 defendants.
Fortune · May 17 The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs Yields for 10- and 30-year JGBs have soared to the highest levels since the 1990s, and the central bank is expected to tighten for the fifth time since 2024.
Latin Times · May 15 U.S. Expands Charges Against Jalisco Cartel's 'El Jardinero' to Include Meth Trafficking, Money Laundering El Jardinero remains in preventive detention at the maximum-security Altiplano prison. The U.S. government has sought his extradition since 2021.
Fortune · May 15 Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay On Wednesday, the Treasury Department sold $25 billion of 30-year bonds at a 5% yield for the first time since 2007.