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Us Treasury News

India may face heat as US revives Russia sanctions push

NATO rebel destabilising allies from within? Steals company from West to continue Russia oil trade

Updated 3 days ago

Indian CEO, Chhattisgarh-based firm sanctioned by US over Sudan civil war

Among those sanctioned is Alok Choudhari of Raipur, the Chief Executive Officer of SBL Energy Limited, also known as Amin Explosive Private Limited.

Updated 17 days ago

US grants 60-day waiver on Iranian oil sanctions as part of interim deal

An aerial view shows the fuel depot of Aral at the Ruhr Oel petroleum refineries of BP Gelsenkirchen GmbH in Gelsenkirchen, western Germany on April 7, 2026.

Updated 21 days ago

US treasury dept may use Iran assets to pay for damages to Gulf allies: Report

Scott Bessent has reportedly asked the treasury department to take a comprehensive measure of the repair costs by the US' Gulf allies since the war began on February 28,.

Updated 37 days ago

‘Will aggressively target…': Bessent warns Oman over Hormuz toll plans with Iran

US Secretary of Treasury Scott Bessent speaks during a press briefing in the Brady Briefing Room of the White House in Washington, DC, on May 28, 2026.

Updated 46 days ago

US extends waiver on sanctions for Russian seaborne oil by 30 days

US extends waiver on sanctions for Russian seaborne oil by 30 days

Updated 56 days ago

Did 30M claim Trump’s ‘No Tax on Tips, Overtime’? Bessent reveals details

Scott Bessent, US treasury secretary, during a roundtable at the Theodore Roosevelt Executive and Legislative Building in Mineola, New York.

Published 94 days ago

What happened at Bessent-Powell talks? 7 key takeaways from urgent DC meet

The meeting focused on emerging technological risks.

Published 95 days ago

‘US will take control of Straits’: US Treasury Secretary amid tensions with Iran

US Treasury Secretary Scott Bessent said several countries have cut their deals with Iran, which is building supply of oil in the global market.

Updated 106 days ago

Trump sign on dollar bills draws sharp reactions; Social media reacts ‘ego move’

Trump's signature will replace the Treasurer's on dollar bills. Social media reactions are polarized, with critics viewing it as self-promotion.

Published 109 days ago

US govt collecting public donations to reduce $38 trillion national debt?

The US Treasury Department building in Washington, DC.

Published 148 days ago

US labels Maduro-tied Cartel de los Soles as a terror organization

But many — including Maduro himself — see the military moves as an effort to end the ruling party's 26-year hold on power.

Published 231 days ago

Why Scott Bessent wants Americans to ‘save’ the $2,000 tariff check

US treasury secretary Scott Bessent has hinted that the tariff “dividend” payments could come through tax cuts.

Published 236 days ago

Larry Summers family: Who is wife, Elisa New? All on their children

Elisa New (L) and Larry Summers.

Updated 238 days ago

How experts see mortgage rates moving as treasury yields decline slowly

US: What will be the 30-year mortgage rates for the next five years? Here is what forecasts indicate

Updated 266 days ago

US Treasury confirms minting commemorative $1 coin with Trump's image

The US Treasury Department will mint a one-dollar coin featuring President Donald Trump to commemorate the 250th anniversary.

Updated 283 days ago

Charlie Kirk's face to appear on US currency with six-word message?

House Republicans plan legislation to honor late conservative activist Charlie Kirk with 400,000 silver dollar coins featuring his likeness.

Published 292 days ago

US Treasury asks G7, EU to impose tariffs on China, India over Russian oil

US Treasury

Published 304 days ago

US to halt penny production: Will it remain legal tender?

Pennies to continue being accepted

Published 416 days ago

US increases sanctions on Iranian oil trade after Donald Trump's call

FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005.

Updated 504 days ago

Elon Musk's DOGE given full access to US govt payments system: Report

SpaceX CEO Elon Musk, close ally of Trump, was picked to co-chair the newly-created Department of Government Efficiency.

Updated 527 days ago

Janet Yellen's computer targeted by Chinese hackers, sensitive data accessed

FILE PHOTO: Federal Reserve Chair Janet Yellen addresses a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016. REUTERS/Gary Cameron/File Photo

Updated 543 days ago

Chinese hackers breach US Treasury, stole documents in ‘major incident’

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo

Published 560 days ago

US Treasury set to unleash a tsunami of bonds, Wall Street warns

The White House is lit in orange in honor of Gun Violence Awareness Day Friday, June 2, 2023, in Washington. (AP Photo/Andrew Harnik)

Published 1136 days ago

As debt ceiling deadline looms Biden and McCarthy meeting ends in stalemate: All we know so far

WASHINGTON, DC - MAY 22: U.S. House Speaker Kevin McCarthy (R-CA) talks to reporters outside his office at the Capitol following a meeting with President Joe Biden on May 22, 2023 in Washington, DC. McCarthy characterized today's debt limit negotiations as more productive than previous sessions. Chip Somodevilla/Getty Images/AFP (Photo by CHIP SOMODEVILLA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Published 1148 days ago

US default on $31.46 trillion debt may lead to global crisis: Treasury chief

US Treasury Secretary Janet Yellen issued the latest in a series of increasingly stark warnings ahead of a meeting in Japan with her counterparts from the G7 rich nations, as well as India, Indonesia and Brazil.

Updated 1160 days ago

India's economy recovered strongly despite 3 Covid waves: US Treasury report

After recording a current account surplus of 1.3 per cent of GDP in 2020, its first surplus since 2004, India returned to a current account deficit of 1.1 per cent of GDP in 2021.

Published 1494 days ago

November saw highest disbursement of rental aid, says US treasury

Gene Sperling, who leads the oversight for distributing funds from President Joe Biden's $1.9 trillion coronavirus rescue package, speaks during the daily briefing at the White House in Washington.

Published 1648 days ago

US blocks Taliban access to $9.5 billion Afghan monetary reserves

US treasury secretary Janet L Yellen and the Office of Foreign Assets Control on Sunday gave orders to freeze Afghan government reserves held in American banks.

Published 1791 days ago

Janet Yellen wins unanimous Senate panel vote for US Treasury

Janet Yellen's Republican predecessor, Steven Mnuchin, was not confirmed until three weeks after Trump's 2017 inauguration, and then by a 53-47 nearly party-line vote in a Republican-controlled Senate.

Updated 1998 days ago

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