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The Latest Breaking News from the US Treasury

Jeff Bezos Is Right: Taxing Billionaires Won't Solve the Affordability Crisis

Before demanding more money from America’s wealthiest, lawmakers should account for the billions of dollars the federal government wastes each year.

Reason

US Justice Department drops all criminal charges against Gautam Adani, closes case permanently

US authorities have dropped criminal fraud charges against Gautam Adani. This follows a $275 million settlement for a probe into sanctions violations. Adani had promised a $10 billion investment in the US economy. His lawyer argued the case was weak and investment was contingent on dismissal. The settlement involved apparent…

The Economic Times

Middle East negotiations continue as US awaits Iranian response to latest peace proposal – as it happened

Centcom says it has struck two tankers heading for Iran after Tehran warned Washington was violating fragile ceasefire; two days of ‘intensive talks’ between Israel and Lebanon slated as strikes continue in the region

The Guardian - UK

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Taxpayers funded more than $300K in payouts for sexual harassment claims in congressional offices, Nancy Mace claims

The lawmaker plans to release the documents after redacting personal information about the victims and witnesses

The Independent UK

Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’

“The level of things that are adding to the risk column are high, like geopolitics, oil, government deficits. And they may go away, but they may not.”

Fortune

US Treasury Department Adds Venmo Option to Solicit Public Donations for Staggering $39 Trillion National Debt Burden

The US Treasury now accepts Venmo and PayPal for debt donations, sparking viral attention, though the effort has little impact on the nation's $39 trillion debt.

International Business Times UK

US Treasury Approves President Trump’s Plan To Phase Out All Paper Money in Favor of Crypto, Gold Coins

The days of pulling a crumpled twenty out of your wallet may be numbered. The US Treasury has greenlit replacing paper money with cryptocurrency and gold coins.

GOBankingRates

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Who are Iran’s new leaders? A look at 6 the US placed a bounty on – 2 of whom are already dead

The Trump administration announced a US$10 million reward on March 15, 2026, for information leading to the capture of several senior Iranian figures.

The Conversation

Commission handpicked by Trump approves putting his picture on a commemorative gold coin

The design features a portrait of Trump standing above the Resolute Desk on a 14k gold coin

The Independent UK

The Federal Spending Spree Will Make the Next Economic Shock Even Worse

Growing federal debt hobbles the government’s ability to respond to crises.

Reason

Zelenskyy blasts Trump after a shocking decision rocks Ukraine’s war efforts

Ukrainian President Volodymyr Zelenskyy has condemned the recent US decision to ease some sanctions on Russian oil sales, a move he says “certainly does not help achieve peace” and could be worth a staggering $10 billion to Russia. This unexpected move from President Donald Trump has sparked widespread criticism from…

The Mary Sue

Can Unclaimed Stimulus Payments Expire, and What Happens to the Money?

What happens to the money when stimulus checks go unclaimed or uncashed? Find out more about Treasury deadlines and what to do if you didn't cash a check.

GOBankingRates

51st state? The ultra-right Canadian separatists going behind Carney’s back to meet with Trump on secession

Conversations with Alberta secessionist group could be meant to undermine the Canadian leader

The Independent UK

Fed confirms it obeyed White House request for an unusual ‘rate check,’ weakening the dollar against foreign currencies

“Something like this is extremely rare in foreign exchange markets,” ING says.

Fortune

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Fortune

America is shorting one of its best assets as the $38 trillion national debt runs out of control

There’s a 59% arbitrage opportunity hiding in plain sight and it has to do with college-educated women.

Evening Standard

Fact check: US debt is held by both people and governments

Just under 900 billion dollars of US government debt is held through the UK.

International Business Times UK

IRS Eases Health Savings Account Eligibility Under Trump's Bill Amid Uncertainty Over ACA Subsidies

The US Treasury and the IRS have widened the eligibility for health savings accounts as policymakers debate the future of Affordable Care Act subsidies, which are set to end this year.

The Conversation

Black-market oil buyers will push Venezuela for bigger discounts following US seizure – starving Maduro of much-needed revenue

The U.S. seizure of an oil tanker off the Venezuelan coast looks designed to further squeeze the economy of President Nicolás Maduro’s country.

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The Independent UK

The Department of Transportation is paying an airline for being more timely. It could improve flying for all

Southwest Airlines owed $140 million after canceling 17,000 flights during the 2022 snowstorm

International Business Times UK

Inside Media Land: Russian Hosts Sanctioned for £14B Cyber Hit

UK, US, and Australia sanction Media Land, a "bulletproof" host for ransomware gangs like LockBit, tied to cyber-attacks that cost Britain £14.7 billion last year.

International Business Times UK

£760 Billion Tariff Refund Crisis: What Happens if the Supreme Court Strikes Down IEEPA Tariffs?

If the Supreme Court overturns IEEPA tariffs, the US could face up to £760 billion in refund claims, raising questions about presidential authority and trade stability.

Barchart

Dear Fannie Mae Stock Fans, Mark Your Calendars for November 18

Billionaire investor Bill Ackman is set to propose a deal for the government-sponsored mortgage financier.

The Independent UK

Grocery chain desperate for pennies offers gift cards at double the value if people exchange 1-cent coins

Giant Eagle and Sheetz are finding creative ways to collect pennies as the US Treasury phases out 1-cent coin production

Euronews

US throws Argentina €17bn lifeline as Milei-Trump ties deepen

Washington’s rare move to buy pesos and open a massive swap line steadied Argentina’s markets — but set off a political storm.

GOBankingRates

4 Ways Your Holiday Shopping Could Be Affected If the US Has To Pay Back Tariffs

The U.S. may have to refund tariff money, which could put a stop to tariffs just in time for the holidays. But how could it impact your holiday shopping?

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