The reserve will start with Bitcoin seized by law enforcement from financial crimes. President Donald Trump signed an executive order on Thursday to establish a “digital asset stockpile,”…
Read MoreTreasury Department
SCOTUS Leaves Fired Special Counsel in Role Temporarily
The ruling from the lower court is due on Wednesday. The justices of the Supreme Court allowed the reinstatement order from District Judge Amy Berman Jackson retaining Special…
Read MoreFederal Judge Rules Treasury Secretary Not Part of DOGE Block
However, she retained the temporary restraining order against DOGE. U.S. District Judge Jeanette Vargas clarified a court ruling preventing the U.S. DOGE [Department of Government Efficiency] Service from…
Read MoreTreasury Department Places Sanctions Against Iranian Oil Network
The target entities are in China, India, and the United Arab Emirates. The Treasury Department announced new sanctions against an international network allegedly shipping Iranian oil to China.…
Read MoreDOJ Files Motion to Dissolve or Modify Block of DOGE Access to Treasury
The motion appeals the temporary restraining order, claiming no basis for distinguishing “civil servants” from “political appointees. The Department of Justice (DOJ) filed a motion on Sunday requesting…
Read MorePresident Instructs Treasury Secretary to Stop Production of New Pennies
The U.S. Mint reported the manufacturing and distribution costs over triple their value. President Donald Trump announced that he has directed Treasury Secretary Scott Besent to halt the…
Read MoreTreasury Secretary Says Payment System “Not Being Touched” By DOGE
House minority members introduce bill to restrict access to taxpayer data. Treasury Secretary Scott Bessent reported that the U.S. DOGE Service is not touching the department’s payment system.…
Read MorePresident Trump Warns Iran to Not Target U.S. Officials
He issued a memorandum placing maximum pressure on that nation. President Donald Trump stated last week that Iran would “be obliterated” if they were to target any current…
Read MoreScott Bessent, Secretary of the Treasury
Scott Bessent, Secretary of the Treasury
Read MoreSenate Confirms Scott Bessent as Treasury Secretary
Members of the upper chamber of Congress continue through the confirmation process of the president’s Cabinet. The Senate confirmed Scott Bessent as the new Secretary of the Treasury…
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