According to the U.S. Treasury Department, the Gulf cartel uses fishing boats to shift drugs and smuggle migrants.

For years, U.S. authorities and fishermen have been complaining about illegal fishing for red snapper in the Gulf of Mexico, and now its been revealed who is behind the lucrative trade: a Mexican drug cartel. The U.S. Treasury Department announced sanctions Tuesday against members of the Gulf drug cartel, which operates in the border cities […]The post

Bessent worked for Soros and played a key role in the short bet that broke the Bank of England.

President-elect Donald Trump's pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago -- even as global markets sagged.

U.S. Treasury officials are urging Congress to release $20 billion allocated for IRS enforcement before Trump takes power.

If they dont get that $20 billion that is at risk they would run out of enforcement money at the current pace sometime in fiscal year 2025, Treasury Deputy Secretary Wally Adeyemo said.

After reading Benjamin Soskisinteresting and thoughtful assessmentearlier this week inThe Chronicle of Philanthropyof Elon Musks role in the 2024 U.S. election, I began to thumb through a copy of Nixon Treasury Secretary and, later, philanthropy executiveWilliam E. SimonsA Time for Truth.Published in the late 1970s, Simons influential book can help us broadly understand s...

Lou Basenese, chief market strategist at Public Ventures LLC, spoke with Quartz for the latest installment of our Smart Investing video series.Read more...

On October 28, 2024, the U.S. Treasury Department issued regulations to implement President Bidens 2023 executive order designed to restrict certain investments in countries of concernparticularly Chinaand require the disclosure of others.

Turkey is seeking a U.S. sanctions waiver to continue using a now-sanctioned Russian bank for paying for its energy imports from Russia, while also talking with Russian officials about the future of energy trade and payments. Last week, the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC)sanctioned Gazprombank in what the Treasury said was another major step in impl...

A post shared on X claims an Army Lieutenant Colonel purportedly resigned over President-elect Donald Trump’s Treasury Secretary nominee, Scott Bessent. https://t.co/OgVa7MxPNm White Hat Council Member Resigns Over Trump Nominee By Michael Baxter Nov 25, 24 A White Hat council member has resigned his commission in protest of President Donald J. Trump nominating a Soros […]

Bankers expect Trump's Treasury Secretary Nominee to remove regulatory burdens.

Scott Bessent, a hedge fund manager, is President-elect Donald Trump’s pick as Treasury Secretary. Trump says he’ll make the United States more competitive and fight against unfair trade imbalances. NTD spoke to Cameron Hamilton, a Republican political strategist and former Congressional candidate, who says Bessent will balance free trade alongside Trumps push for tariffs.

President-elect Donald Trump is almost finished making his cabinet picks, with just a few posts remaining. NTD takes a closer look at one of his latest nominees, Scott Bessent for Treasury secretary, along with previous prominent picks known for their tough-on-China stances. John Mills, retired Army colonel and former director of cybersecurity at the Defense […]

The Federal Communications Commission is mulling a $700,000 fine on a Chinese doorbell maker. What does an investigation reveal about how easily the devices can be controlled? Google says it has blocked over 1,000 fake news websites promoting pro-Beijing content. President-elect Donald Trump has tapped Wall Street veteran Scott Bessent to lead the Treasury. Whats […]