April 26, 2024

U.S.-China relationship is on ‘more stable footing,’ Treasury Secretary Yellen claims during meeting with Premier

BEIJING (AP) — U.S. Treasury Secretary Janet Yellen sent a message of mutual cooperation at a meeting Sunday with Chinese Premier Li Qiang, highlighting the improvement in relations since her visit to China last year while recognizing that major differences remain. After focusing on trade and economic issues for the first two days of her visit, Yellen […]

Former Assistant Treasury Secretary issues stark warning over Biden border priorities: A ‘deliberate act’

Former Assistant Treasury Secretary Monica Crowley joined “Fox & Friends Weekend” on Sunday to comment on Biden’s border priorities, claiming that the administration was intentionally ‘flooding’ the U.S.’ while supporting the funding of border security for foreign nations. BIDEN GETS HONORARY DEGREE FROM HOWARD UNIVERSITY, HEADS TO BEACH HOUSE AMID BORDER CRISIS  MONICA CROWLEY: …We’ve […]

Economist sounds the alarm on the ‘greatest enemy to the US dollar’: ‘It’s the US Treasury’

China and Malaysia revived a decades-old proposal that would reduce dependency on the U.S. dollar during a meeting between Malaysian Prime Minister Anwar Ibrahim and Chinese leader Xi Jinping last week. The resurfaced Asian Monetary Fund would also lessen reliance on the International Monetary Fund. Economist and “Currency Wars” author Jim Rickards warned that while […]

Fmr. Obama Treasury Official Rattner: February CPI ‘Not a Good Thing’ for Getting Inflation to Goal, ‘What the Fed Really Looks at’ ‘Is Rising’

On Wednesday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that the core services inflation metric that the Federal Reserve “really looks at” is “rising and that is not a good thing” to getting inflation down to the target level. Rattner said, “[I]nflation looked

Fmr. Obama Treasury Counselor Rattner: Powell Got Inflation Wrong Because WH Was Wrong and He’s ‘a Team Player’

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, argued that Federal Reserve Chairman Jerome Powell got inflation wrong in part because “the White House was signaling that they thought inflation was going to come down.” And Powell “is a team player” who was

Fmr. Obama Treasury Counselor Rattner: We’ll Have ‘Higher Rates for the Foreseeable Future,’ Inflation Isn’t Declining Due to Stimulus

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, predicted higher interest rates “for the foreseeable future,” and said that inflation isn’t declining in part due to people still spending the large amounts of stimulus they got during the pandemic. Rattner also stated that

Report: Treasury Hacked by Group Backed by Foreign Government

A report published on Sunday revealed that data stored by the United States Treasury was compromised by a sophisticated hacking group backed by a foreign government. The hackers also infiltrated the Commerce Department’s National Telecommunications and Information Administration. The National Security Council launched an investigation into the incident after a meeting on Saturday at the White…

A SET-UP? Russian Spy Butina Was Meeting with Obama Treasury While Spying on NRA, Conservatives.

Four days ago we suggested that this “Maria Butina – Russian spy” story was a set-up to take down the NRA and conservatives. It looks like we may have nailed it. Russian operative Maria Butina was indicted this week on charges of being a covert Russian agent. Butina struck up friendships with the influential leaders […]

Treasury and Commerce Departments Issued New Sanctions Against Cuba

  On June 16, 2017, President Donald Trump signed his Cuba policy directive on new sanctions against the communist regime at the Manuel Artime Theater in Miami. However, it took several months for the Departments of the Treasury, Commerce, and State and the White House National Security Council to implement the Cuban sanctions based upon […]

Trump’s Treasury Secretary Nominee Wants to Sell Fannie Mae, Freddie Mac

In an interview on FOX Business Network’s Mornings With Maria on Wednesday, Donald Trump’s nominee for treasury secretary, Steve Mnuchin, said one of Trump’s “top 10” priorities was to sell government-sponsored mortgage giants Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC). Referred to colloquially as Fannie Mae and Freddie Mac respectively, […]

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