US Treasury Department

The US and Iran exchanged accusations following renewed attacks, with the US striking over 80 targets in Iran and Iran claiming to have hit 85 US military facilities. The US Treasury revoked a license for Iranian oil sales, and military officials indicated ongoing strikes. Meanwhile, US Defense Secretary Pete Hegseth is set to visit Israel, and bombs near a hotel in Damascus injured 18 people during French President Emmanuel Macron's visit.

The US Treasury Department revoked a temporary sanctions waiver on Iranian oil following attacks on tankers in the Strait of Hormuz. The US condemned Iran's actions in the waterway as 'wholly unacceptable' and stated there would be consequences.

The United States revoked a sanctions waiver for Iranian oil following attacks on tankers in the Strait of Hormuz. The US Treasury Department canceled a license allowing Iran to produce and sell oil until August 21, stating Iran's actions were unacceptable and would face consequences.

Oil prices increased as the U.S. Treasury Department revoked Iran's license to sell oil, leading to a rise in oil futures. The decision, which canceled a license issued on June 21, caused market reactions late Tuesday.

Trump rings the opening bell at the White House with a group of CEOs in a first-of-its-kind market open. The Trump Accounts program includes a one-time $1,000 contribution from the U.S. Treasury Department for babies born between 2025 and 2028.

Trump Accounts, investment accounts for American children under 18, officially launched on July 4. Michael Dell pledged $250 for the first 25 million qualifying children, while the US Treasury offers a $1,000 deposit for eligible children born between 2025 and 2028. The initiative allows annual contributions up to $5,000 and includes support from companies like BlackRock, Chipotle, and MasterCard.

The U.S. Treasury Department sanctioned over 130 Tron cryptocurrency wallets linked to a Central Asian ISIS affiliate. Tether froze funds associated with these wallets.

President Donald Trump’s administration plans to launch Trump Accounts on July 4, providing $1,000 government contributions for children born during his second term. The program allows parents to open investment accounts for eligible children, with funds invested in U.S. equity index funds. Private donors like Michael Dell and Sanjay Mehrotra have pledged significant contributions to expand the initiative.

The U.S. Treasury sanctioned two Brazilians, three Brazilian companies, and one Portuguese company for money laundering linked to the Primeiro Comando da Capital (PCC) criminal organization. The sanctions block their U.S. assets and business dealings, targeting over $30 million in drug trafficking proceeds laundered via cryptocurrency between Florida and São Paulo.

A report reveals the Trump Administration significantly reduced the U.S. Department of Education's staff by 40% and terminated $2 billion in contracts and grants. The Office of English Language Acquisition, which supports immigrant students, was nearly eliminated, raising concerns about the department's ability to fulfill its obligations.

A U.S. Department of Education internal report reveals that the Trump Administration cut 40% of its staff and $2 billion in contracts and grants by March 31, 2025, severely impacting offices like the Office of English Language Acquisition, which was reduced to one employee. The report highlights concerns that the department may no longer effectively support students or enforce federal education laws, though its findings remain incomplete due to staff non-cooperation.

The Trump administration is removing decades of sanctions on Iran as part of a deal to end the war, including authorizing oil sales and frozen funds. A 14-point memorandum signed with Iran outlines a schedule for sanctions removal and 60-day waivers, but challenges remain in implementation and potential disagreements.

Chicago rapper Twista, whose real name is Carl Mitchell, pleaded guilty to willfully failing to pay federal income taxes for five years, resulting in an unpaid tax liability of over $440,000. He faces up to one year in prison for each of the five counts and made luxury purchases totaling over $300,000 during the period while avoiding tax payments through a third-party arrangement.

Venezuela's health minister reports 235 deaths and tens of thousands missing after twin earthquakes on June 24. Emergency workers are searching rubble, with international rescue teams and US military aid arriving. The US Treasury issued a license allowing relief transactions that would otherwise be banned under sanctions.

The Trump administration claims an interim deal with Iran will unlock frozen Iranian assets to fund purchases of U.S. agricultural products, but Iran denies such terms. Experts question how funds would reach American farmers, while Iranian officials emphasize that asset usage decisions rest solely with Iran.

The Trump administration claims an interim deal with Iran will provide U.S. farmers with a financial boost by using unfrozen Iranian assets to purchase American agricultural products. Iran denies the agreement includes such terms, stating purchases will be based on market prices and quality, not U.S.-dictated conditions.

The Trump administration claims an interim deal with Iran will provide a financial boost to U.S. farmers by unfreezing Iranian assets to purchase American agricultural products. Iran denies these terms, stating it will decide how to use the funds based on market conditions. Experts remain uncertain about how the assets would reach farmers due to unclear logistics.

The Trump administration claims an interim deal with Iran will provide a financial boost to U.S. farmers by unfreezing Iranian assets, but Iran denies this arrangement. The agreement aims to reopen the Strait of Hormuz and allow Iran to sell oil, though details on asset distribution remain unclear, prompting skepticism from sanctions experts and Iranian officials.

The U.S. Treasury Department granted Iran a two-month license to produce, sell, and deliver oil without U.S. penalties on buyers. The White House stated this decision is linked to progress in ongoing negotiations.

The United States and Iran advanced their memorandum of understanding with agreements on sanctions relief, nuclear inspections, and the release of $12 billion in frozen Iranian assets. Disagreements persist over fund usage and Lebanon tensions, while technical negotiations concluded and a new phase began. The US linked fund use to purchases of American agricultural goods, but Iran rejected this condition.

Pennsylvania private education leaders and Republican lawmakers are urging the state to join a federal school choice program offering tax credits. The program, part of the One Big Beautiful Bill Act, allows up to $1,700 tax credits for donations to approved scholarship organizations, with 27 states already participating. Governor Josh Shapiro has not yet committed, citing a lack of federal guidance, while Secretary of Education Linda McMahon and Senator Dave McCormick advocate for Pennsylvania's inclusion.

The Treasury Department's preview of federal tax credit scholarship rules indicates states will not be able to impose additional requirements on scholarship groups, contradicting earlier statements by Education Secretary Linda McMahon. Deputy Assistant Secretary Kevin Salinger emphasized states cannot set 'substantive' rules more restrictive than federal law, which may challenge Democratic governors' plans to shape the program. The scholarship program, set to launch in 2027, allows tax credits for donations to nonprofits providing educational vouchers.

The US imposed sanctions on Cuban President Miguel Díaz-Canel, his wife, and three others, including Alejandro Castro Espín and his son Raúl Alejandro Castro Calis. The sanctions, part of the Trump administration's strategy to pressure Cuba's leadership, follow an executive order expanding sanctions and threats of military action after Venezuela-related actions. The measures aim to freeze assets and address economic instability in Cuba.

The United States has imposed sanctions on Cuban President Miguel Díaz-Canel, his wife, and three others, including Alejandro Castro Espín, as part of the Trump administration's efforts to pressure Cuba's leadership. The sanctions aim to address economic issues and regime change, with Trump stating the country is 'sort of collapsed.'

US Treasury Secretary Scott Bessent stated the Treasury Department is progressing on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. The department is moving 'with all deliberate speed' to implement the directive.

The US Treasury Department sanctioned Iran's Persian Gulf Strait Authority (PGSA), an agency formed to manage the Strait of Hormuz. The Treasury described the PGSA as a new effort by Iran's Islamic Revolutionary Guard Corps (IRGC) to monetize control of the strategic waterway.

The US has imposed new sanctions targeting fentanyl distribution linked to the Sinaloa Cartel, with over 12 entities and individuals sanctioned. The sanctions aim to disrupt the cartel's fentanyl trafficking networks. The move is part of US efforts to combat the opioid crisis.

President Trump seems unconcerned about the possibility of interest rate hikes under incoming Federal Reserve chair Kevin Warsh. Trump has previously criticized outgoing chair Jerome Powell for not cutting rates enough. The market now expects a rate hike this year to be more likely than a cut.

The Bitcoin price remains below $77,000 due to rising US bond yields and oil prices. Market analysts consider this a crucial level of support for Bitcoin. The situation is being closely monitored by market observers.

Citi says 5.5% may be the next key level for the 30-Year Treasury Yield, according to a report from the US Treasury Department in Washington. The yield is an important indicator of the overall health of the economy. This news may have implications for investors and financial markets.

Foreign holdings of US Treasuries decreased in March due to bill sales, while Treasuries posted small gains as investors await delayed US economic reports. The reports may impact expectations for Federal Reserve interest-rate cuts next year. The US Treasury Department is monitoring the situation.

The US 10-Year Yield has reached its highest point since July due to concerns about inflation. This increase is significant and indicates a shift in market sentiment. The Treasury Department is involved in this economic development.

Hengli's former Singapore arm has dismissed staff due to US sanctions imposed by the US Treasury Department. The move is a result of the economic penalties. The situation affects Hengli's operations.

The US Treasury Department sent a letter to Binance regarding the monitoring of the exchange. The Federal Reserve will buy $25 billion of Treasury bills each month. This move aims to ease short-term funding costs by rebuilding reserves in the financial system.

China has ordered companies to disregard US sanctions targeting Iranian oil, forcing a direct test of Washington's ability to enforce its crackdown on Iran. The move represents a shift from years of opaque workarounds to more explicit state-backed resistance. China remains the primary destination for Iranian crude, with much of the country's sanctioned oil exports flowing to Chinese refiners despite mounting US pressure.

The US Treasury Department has paused debt auctions, indicating no changes until 2027. This decision may impact the economy and financial markets. The pause affects the US Treasury's borrowing activities.

Treasury Secretary Scott Bessent announced that help is on the way to address rising gas prices in the US, which are nearing an average of $4.50 per gallon. The statement comes amid ongoing conflict affecting the market. Bessent emphasized the market's role in the situation.

The US Treasury Department has sanctioned Cambodian Senator Kok An and his associates for allegedly using political influence to shield a network of fraud centers. The accusation highlights ties between the senator and organized scam operations, leveraging political power to protect criminal activities.

The US Treasury Department sanctioned Cambodian senator Kok An for his involvement in scam operations, alongside 28 others linked to scam centers. The sanctions target individuals and entities profiting from fraudulent activities in Cambodia.

Bank of America (BofA) advises buying US Treasuries that have underperformed amid an Iran-related market rally. The Federal Reserve announced it will purchase $25 billion in Treasury bills monthly, accelerating the reduction of a program designed to lower short-term funding costs by rebuilding financial system reserves.