After granting India a temporary reprieve, the United States has extended a 30-day license allowing more countries to purchase Russian oil currently stranded at sea, as Washington moves to stabilise global energy markets disrupted by the ongoing Iran war. US Treasury Secretary Scott Bessent (REUTERS) The United States Department of the Treasury said the measure…
The penny appears to have run out of luck. The U.S. Mint in Philadelphia pressed its last circulating penny on Wednesday, after President Trump earlier this year directed the Treasury Department to stop minting new one-cent coins, citing the rising cost of production. So, what will companies do if they’re short on change? Here’s…
The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows. The country’s mounting debt comes as the government remains closed, disrupting the economy as hundreds of thousands of federal workers go unpaid. Government shutdowns can boost the national debt because they delay economic activity and postpone fiscal…
The Treasury Department said it is working on a $1 coin featuring President Trump’s image to mark the 250th anniversary of U.S. independence next year, although the design isn’t final. A U.S. Treasury official on Friday shared a preliminary design of the coin featuring Mr. Trump. “No fake news here. These first drafts honoring…
{KXLG -Watertown, SD} The Arrow Education Foundation is offering a unique opportunity to support the Alan Mitchell Athletic Complex while giving participants a chance to win a rare $1,000 bill. Cris Ortmeier, Executive Director of the Arrow Education Foundation, discussed the “Win Big” fundraiser and other upcoming initiatives with KXLG… Your browser does not support…
Federal authorities sanctioned six leaders and affiliates of Tren de Aragua on Thursday, the latest step in the United States’ ongoing effort to target members of the Venezuelan gang. The Treasury Department announced sanctions against Hector Rusthenford Guerrero Flores, the head of the gang known as “Niño Guerrero,” as well as five others connected to Tren de…
Why only dead individuals can appear on U.S. money – CBS News Watch CBS News Among the 5,800 bills before Congress, one piece of legislation would create a $250 bill bearing the image of President Trump. At the moment, the law only allows deceased individuals on our money. Be the first to know Get browser…
Washington — Treasury Secretary Scott Bessent told Congressional leaders Friday that the federal government could be unable to pay its bills as soon as August if Congress doesn’t act, urging lawmakers to address the debt limit by mid July. In a letter to House Speaker Mike Johnson, Bessent said after reviewing April tax filings, “there is…