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US President Donald Trump sued the Internal Revenue Service and the Treasury Department for $10 billion, alleging that it leaked the president’s personal tax information to the news outlets. Citing “reputational and financial damage”, he claimed the data leak between 2018 and 2020 as the reason for his loss in the 2020 presidential elections.The lawsuit…
The US Treasury Department has terminated its contracts with consulting firm Booz Allen Hamilton following the conviction of a former contractor linked to the company for leaking sensitive tax data of thousands of wealthy Americans, including President Donald Trump, to media organisations.The decision comes amid broader efforts by the Trump administration to act against entities…
China has pushed its holdings of US government debt down to their lowest level in nearly two decades, underscoring a steady recalibration of its foreign exchange reserves away from dollar assets and towards gold and overseas investments amid strained ties with Washington, PTI reported.Data released by the US Department of the Treasury shows that China’s…
The room was buzzing with the familiar excitement. It was because the discussion was around dreams of distant beaches, misty hills, and cultures waiting to be explored. At a Skyscanner event in New Delhi recently, in the presence of Neel Ghosh (Country Manager & GM, India) and India’s beloved traveller influencer Shenaz Treasury, the discussion…
If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters. In an interview, Bessent said he doubted the court…
The film industry is built on constant motion—projects announced and shelved, applause that comes late, criticism that comes early, and personal lives unfolding quietly in the background. As 2025 nears its end, several actors and artists find themselves looking inward, not just at what they achieved, but at what the year taught them emotionally, spiritually,…
Britain’s Treasury chief Rachel Reeves delivered her tax-raising budget on Wednesday under the shadow of a major leak that exposed her proposals hours before she reached Parliament. The disclosure came from the Office for Budget Responsibility (OBR), which Reeves relies on for independent forecasts. According to AP, the leak effectively mapped out the entire fiscal…
When Ingraham noted that “we have plenty of talent”, Trump said, “No, you don’t, no you don’t. You don’t have certain talents. And people have to learn The Donald Trump administration is repositioning the H-1B visa program to bring in skilled foreign workers on a temporary basis to train Americans for high-tech roles, Treasury Secretary…
US Treasury Secretary Scott Bessent has warned that the economic fallout from the prolonged government shutdown is intensifying, saying the situation is getting “worse and worse” as disruptions ripple through key sectors and strain public finances.(Breaking story) Source link
US treasury secretary Scott Bessent once again criticised China’s rare earth export controls, saying the United States and its allies are now moving at “warp speed” to build independent supply chains and reduce reliance on Beijing.Speaking to CNN, Bessent said that China’s strategy had been in motion for decades and accused the previous US governments…
