Cut financial ties to Iran or face consequences

Bessent warns the world to cut financial ties to Iran or face US retaliation

Treasury Secretary Scott Bessent said Monday that new U.S. secondary sanctions in the pipeline aim to block all potential sources of revenue for Iran, telling nations to cut economic ties to Tehran or face U.S. retaliation.

Bessent added it’s “no longer acceptable to operate in the gray spaces” of Iran conflict as US threaten sanctions against Tehran’s trade partners.

The treasury secretary did not name what countries could face potential secondary sanctions from the United States, but China, Turkey and the United Arab Emirates are Iran’s largest trade partners.

“Let there be no ambiguity as to the position of the United States,” Bessent said at a Monday afternoon news conference. “An economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.”

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Lawsuit against Omar's husbands' Badlands Ventures

Federal anti-terror agency allegedly froze funds tied to Ilhan Omar's husband during Biden years

Tim Mynett, the husband of Rep. Ilhan Omar (D., Minn.), saw investment funds from a marijuana venture allegedly frozen by the Treasury Department's anti-terrorism enforcement arm in 2022, a previously unreported episode that adds another layer to a sprawling pattern of failed businesses, investor lawsuits, and financial mysteries now drawing scrutiny from Congress and federal prosecutors alike.

The claim comes from Mynett's longtime business partner, Will Hailer, who told investors in August 2022 that the Office of Foreign Assets Control had placed a hold on funds they were demanding back from Badlands Ventures, a marijuana investment vehicle the two men co-founded.

OFAC, housed within the Treasury Department's Office of Terrorism and Financial Intelligence, administers economic sanctions against foreign terrorists and hostile regimes. It does not typically concern itself with domestic marijuana startups.

The Washington Free Beacon reported Thursday that it was unable to independently confirm whether OFAC ever placed a hold on any known business entity associated with Mynett and Hailer. The Treasury Department did not return requests for comment.

But investors found Hailer's explanation baffling at the time, and the trail of financial wreckage that followed has only deepened their suspicions.

Angel investors who put $1.683 million into Badlands Ventures sued Hailer when their money didn't come back. Court filings allege that Mynett and Hailer "moved at least some, and perhaps all, of Plaintiffs' $1.683 million out of Badlands Ventures' bank account for purposes other than Badlands Ventures' business."

The lawsuit went further, claiming the pair formed Badlands "with the present intention of stealing and/or misappropriating" investor money.

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Trump & Trump Organization sues the IRS for $10billion

Trump Sues IRS for $10B Over Tax Leaks

President Donald Trump, his two eldest sons and his family business sued the Internal Revenue Service and the U.S. Treasury Department over alleged leaks of their confidential tax information, court records showed Thursday.

The plaintiffs seek at least $10 billion in damages, according to the lawsuit in Miami federal court. The case has been assigned to Judge Kathleen Williams, who was appointed to the U.S. district court bench by former President Barack Obama.

In August, Williams issued a temporary injunction that halted further expansion of the federal government’s Florida immigrant detention facility known as “Alligator Alcatraz,” effectively shutting it down. A federal appeals court later blocked Williams’ ruling.

The civil complaint filed Thursday alleges that the IRS and Treasury failed in their obligation to prevent the leak of those tax records by former IRS employee Charles “Chaz” Littlejohn in 2019 and 2020 who worked under Biden.

A spokesman for Trump’s legal team told CNBC in a statement, “The IRS wrongly allowed a rogue, politically-motivated employee to leak private and confidential information about President Trump, his family, and the Trump Organization to the New York Times, ProPublica and other left-wing news outlets, which was then illegally released to millions of people.”

The suit was filed three days after Treasury Secretary Scott Bessent said he had canceled all of his department’s contracts with the consulting firm Booz Allen Hamilton in connection with the company’s contractor, Littlejohn, stealing and leaking confidential tax returns.

Littlejohn, 40, is serving a five-year prison sentence after having pleaded guilty in October 2023 to one count of disclosure of tax return information.

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Littlejohn’s acts were described by one federal prosecutor, as “one of the most serious crimes in the IRS’s history,” and the federal judge who sentenced Littlejohn described it as “an intolerable attack on our constitutional democracy.” 

Pro-growth, America First policies - Winning

Blue-Collar Wages Under Trump Post Largest Increase in Almost 60 Years

Wage numbers are ‘even bigger than the improvement seen at the start’ of Trump’s first term

In the first five months of President Donald Trump’s second term, blue-collar hourly workers have experienced a nearly 2 percent increase in real wage growth—the most significant growth under any administration since President Richard Nixon.

New Treasury Department data suggest real (inflation-adjusted) hourly wage growth is up 1.7 percent year-to-date for production and non-supervisory workers.

By comparison, real wages declined 1.7 percent during the first five months under the previous administration.

The last time wages outpaced inflation at this pace was during the president’s first term, says Joe Lavorgna, counselor to Treasury Secretary Scott Bessent.

“Today’s data confirm what we saw during President Trump’s first administration: pro-growth policies like tax reform and deregulation had a measurable impact on real wages, especially for blue-collar workers. This isn’t theoretical—it is showing up in the paychecks of everyday Americans.”

Read more at the Epoch Times

DOGE Investigates Treasury Department

DOGE Says $4.7 Trillion in Treasury Payments Missing Identification Codes

The Department of Government Efficiency (DOGE) said on Feb. 17 that a total of $4.7 trillion worth of payments from the Treasury Department are almost impossible to trace because of missing account identification codes.

DOGE said the Treasury Department has assigned identification codes called Treasury Access Symbols (TAS), designed to note which account a Treasury payment is linked to, which DOGE said was a “standard financial process” for bookkeeping. However, the codes were not assigned for trillions of dollars worth of payments as the field was considered optional, according to the agency.

“In the Federal Government, the TAS field was optional for ~$4.7 trillion in payments and was often left blank, making traceability almost impossible,” DOGE stated on the social media platform X.

“As of Saturday, this is now a required field, increasing insight into where money is actually going. Thanks to U.S. Treasury for the great work.” FINALLY.

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Trillions of your $$$$ went into a Black Hole

Crooks! Trillions Lost: Govt’s Massive Blackhole Fund

In a stunning revelation, Elon Musk’s DOGE team has exposed that a staggering $4.7 trillion in taxpayer money was funneled into what can only be described as a governmental black hole.

The implications of this discovery have sent shockwaves throughout the nation (other than with Democrats, of course), as the federal government allegedly failed to trace these funds properly.

According to the DOGE team’s findings, “$4.7 trillion dollars in payments were left blank,” making it nearly untraceable and creating a significant accountability issue. This oversight was largely due to the optional nature of the Treasury Access Symbol (TAS), an identification code meant to link Treasury payments to specific budget line items.

The negligence displayed by leaving the TAS field optional resulted in a lack of transparency regarding how taxpayer money was spent. DOGE revealed, “In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible.”

However, there is light at the end of the tunnel: As of Saturday, this is now a required field, increasing insight into where money is actually going."

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In a time when accountability is of the utmost importance, the American people can rest assured that leaders like President Trump are hard at work. They are prioritizing transparency and efficiency, ensuring that taxpayer dollars are spent wisely, not vanishing into bureaucratic obscurity.

Sinister forces in our federal government

Democrat hypocrisy on full display after China’s disturbing influence in one embattled department is exposed

President Donald Trump for months told anyone who would listen that he would go line-by-line through the bloated federal government to root out corruption and waste.

Even as his appointees found exactly what they were looking for, the Left howled in anger and called for violence in the streets.

And Democrat hypocrisy is on full display after disgusting revelations over Communist China’s disturbing influence in an embattled department.

Imagine allowing the nation’s primary adversary to hack into the U.S. Treasury and have access to the inner workings of the federal government—and Democrats did not bat an eyelash.

Chinese state-sponsored actors breached U.S. security in 2024 and accessed employee workstations and federal documents in what the Treasury described as a “major incident.”

But it was under Joe Biden’s bumbling watch, and there was barely a ripple in the left-wing media.

Read more about Communist China with free rein in our Treasury Department under the worst President since America's founding.

Chinese Hackers compromised Treasury

China Hacked Treasury Dept. in ‘Major’ Breach

Chinese state-sponsored hackers breached the U.S. Treasury Department’s computer security guardrails this month and stole documents in what Treasury called a “major incident,” according to a letter to lawmakers that Treasury officials provided to Reuters on Monday.

The hackers compromised third-party cybersecurity service provider BeyondTrust and were able to access unclassified documents, the letter said.

According to the letter, hackers “gained access to a key used by the vendor to secure a cloud-based service used to remotely provide technical support for Treasury Departmental Offices (DO) end users.

With access to the stolen key, the threat actor was able to override the service’s security, remotely access certain Treasury DO user workstations, and access certain unclassified documents maintained by those users.”

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Treasury Department officials had banks flag terms like “MAGA” and “Trump”

Jim Jordan blew the whistle on this bone-chilling plot against Trump supporters

The Deep State is ramping up ahead of the 2024 election. They are putting their sights on Donald Trump’s political movement.

And Jim Jordan blew the whistle on this bone-chilling plot against Trump supporters.

President Joe Biden has weaponized the federal government against his political opponents.

The events of January 6 were used by the Biden regime to create a bogus narrative that supporters of former President Donald Trump were a threat to the country.

Jim Jordan (R-OH) discovered an alarming collusion between big banks and the Treasury Department to spy on the transactions made at popular retailers frequented by conservatives.

Read about the spying

Janet, Secretary of the Treasury

Yellen Says Funding Ukraine War is Good for Economy

I’ve always heard that war is a money racket. That’s why there are so many warmongers in Congress. It’s a massive way of making money and that’s exactly what the Biden administration just confirmed to us through Janet Yellen.

The war between Ukraine and Russia has been ongoing since 2014. The global economy has been affected by the conflict, with food and fuel prices soaring. Janet Yellen, the United States Treasury Secretary, has said that redoubling financial backing for Ukraine is the single best way to aid the global economy. In addition to this, she also believes that boosting emerging economies and tackling debt distress also have a role to play.

Yellen believes that the only way to end the conflict is to provide financial support to Ukraine. Biden has hired some real winners. On November 30, 2020, then-President-elect Joe Biden nominated Yellen to serve as secretary of the treasury; she was confirmed by the U.S. Senate on January 25, 2021, and took office the next day.

How many billions have we given to Ukraine to date? I have lost count.

Read about it...

The Ukraine Waterloo

Biden wants to appoint another Communist

this time to be in charge of our Treasury Department!

Biden’s Radical Banking Nominee Faces Impossible Odds After Democratic Senators Turn on Her

President Joe Biden’s nominee to head a key Treasury Department agency overseeing the nation’s banks appears to be about to go down in flames.

Axios reported three Democratic senators who serve on the Banking Committee — Kyrsten Sinema of Arizona, Jon Tester of Montana and Mark Warner of Virginia — told chairman Sen. Sherrod Brown of Ohio on a Wednesday call they oppose Saule Omarova’s appointment to head the Office of the Comptroller of the Currency.

The New York Post reported Omarova is a Cornell University law professor who was raised in the former Soviet Union and has advocated for an end to banking “as we know it” by moving Americans’ finances from private banks to the Federal Reserve.

This was a position she advocated in an October law review article, saying the new system created by the move would be known as “the People’s Ledger.”

Read about the Communist Biden wants to appoint

Janet Yellen

Is Biden's Pick for Treasury Secretary Already in the Pocket of Wall Street?

Look How She Made Millions in the Past 2 Years

"The woman chosen by former Vice President Joe Biden to head the Treasury Department in a prospective Biden administration is drawing attention for racking up millions in speaker fees from the financial industry after leaving her position as the Federal Reserve Chair.

Janet Yellen has spoken at more than 50 in-person and virtual events since 2018, getting more than $7 million in speaker fees, The Wall Street Journal reported.

Although getting millions from speeches is common for current and former public officials, the audiences for these speeches are raising eyebrows."

Read about Janet

Who owns the United States?

Comment Up

While China steals our intellectual property and receives favored export status, they now own our country.  Our country's policies over the past 30 years have allowed China to climb out of the dark ages.

Message from the Wall Street Daily:

(scary) China Just Pierced the U.S. Treasury's Veil...

Dear concerned American,

I have troubling news to report. News that was NOT announced publicly by the United States government, that is.

In an unprecedented agreement, the U.S. Treasury has agreed to give China direct access to its auctions. Per the deal, China is allowed to bypass Wall Street, and purchase Treasury Bills without placing any bids through primary dealers. The deal wasn't announced publicly or in any message to primary dealers.

Never before... Not in the entire 237-year history of this great country has any foreign government been granted such intimate access to Capitol Hill. Although there are no laws being broken, the Treasury's accommodation of China is definitely suspicious.

China already holds more than $1.2 trillion in U.S. Treasuries. Before long, China will own 50 cents on every dollar of U.S. debt.

With that in mind, I must ask a very difficult question...

Has the United States ALREADY lost its sovereignty to China?