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#treasury

2 messages2 participants0 message aujourd’hui
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The #Trump admin has been considering #sanctions against Moraes for weeks, according to 4 people familiar w/the situation…. Two said they had seen a copy of a proposed sanctions order against Moraes within the last month, but said it had initially met with pushback from the #Treasury Department, an account corroborated by a senior #State Department official.

#law#justice#felon47
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The move by #SCOTUS represents an expansion of #PresidentialPower, allowing #Trump to functionally eliminate a government department created by #Congress, without legislators’ input.

It comes after a decision by the justices last week that cleared the way for the Trump admin to move forward with cutting thousands of jobs across a number of #FederalAgencies, including #HUD, #State & #Treasury.

#law #education #AbuseOfPower
nytimes.com/2025/07/14/us/poli

The emergency application to the justices stemmed from efforts by the Trump administration to sharply curtail the federal government’s role in the nation’s schools.
The New York Times · Supreme Court Allows Trump to Gut Education Department With Mass FiringsPar Abbie VanSickle

So y'all...most of us don't think about #Treasury bills, because most of us are worried about real bills. U.S. Treasuries are debt securities issued by the U.S. Department of the Treasury to finance the federal government's spending when its revenues are insufficient to cover its expenses.

So, basically, T-bills are short-term U.S. government debt obligations with maturities of one year or less. You buy them at a discount of their face value, and at maturity are paid the face value. They have been considered one of the safest, albeit most conservative method of parking capital.

Most of the 29 Trillion dollar US debt is held by foreign governments and investment banks. The top three; #Japan, #UK and #China hold near or over 1 Trillion (with a T) each of #Tbills.

Guess who Mango has been sending insane Weirdly capitalized Letters to on White House stationary? If you guessed the vast majority of our debt holders, you've been paying attention!

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The announcement, buried at the bottom of a routine bulletin published in April, provided no explanation for Ms. Rotenberg’s removal from the #sanctions list. It was an unusual deletion. Ms. Rotenberg, a US citizen, was among the first Russian nationals to face sanctions after the Russian invasion.

The Rotenbergs did not respond to requests for comment. The #Treasury Dept declined to comment, & instead referred questions to the #State Dept.

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By contrast, the #Trump admin has eased some restrictions on #Russia.

In April, the #Treasury Dept, which is responsible for administering & enforcing #sanctions, quietly lifted limits that had been placed on Karina Rotenberg, the wife of a #RussianOligarch. Ms. Rotenberg’s husband, Boris, made a fortune in construction & energy, & as a childhood friend of #Putin’s he has been a central figure in the Russian president’s inner circle for decades.

"The US Treasury didn't take measures that could have prevented or mitigated major cyberattacks, a Bloomberg News investigation found."

The #TrumpRegime has destroyed national security, cybersecurity, faith in US govt institutions, like Treasury, the IRS, NSA IRA, DHS, HHS, DOD FEMA...
#NationalSecurity #Cybersecurity #Treasury #USPol
bloomberg.com/news/features/20

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#TrumpMedia said the buyback will be funded *independently* & will not affect the capital already earmarked for its #bitcoin #treasury initiative.

In Feb, #Trump Media reported a $400.9M net loss for the full year on just $3.6M in annual revenue. The company cited legal fees & a revised advertising revenue-sharing agreement as contributing factors.

Despite the losses, Trump Media said it ended the year with $776.8M in cash & short-term investments.

#law#fraud#securities
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The announcement follows #TrumpMedia's $2.5 billion raise last month from institutional investors — one of the largest #bitcoin #treasury plays by a public company. The company said it would use those funds, which include $1.5 billion in equity & $1 billion in convertible notes, to buy bitcoin, with custody provided by Anchorage Digital & Crypto.com.

#law#Trump#fraud

#TrumpMedia approves $400M stock buyback

The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.

#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.

Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.

#law #fraud #securities #Emoluments
cnbc.com/2025/06/23/trump-medi

CNBCTrump Media approves $400 million stock buybackPresident Donald Trump indirectly owns more than 114 million shares of the company through a revocable trust and is the largest shareholder.

Aaron Rupar has posted some great clips of today’s humiliating #Trump #Treasury Secy #ScottBessent’s #House Ways & Means hearing.

Here’s one:

Rep Don Beyer (D-VA): Isn't this embarrassing?

Bessent: You seem not to have seen the economic data. #GDP growth has been quite substantial

BEYER: GDP growth is half what it was last year, sir

BESSENT: #Job growth is solid

BEYER: Job growth is a third what it was last year, sir