Bank of America fined $1.2 billion over money-laundering violations
A Bank of America branch in New York, US, on Sunday, Oct. 11, 2026. Michael Nagle | Bloomberg…
Treasury’s Scott Bessent hires Judy Shelton, Trump’s controversial former Fed pick, as adviser
Judy Shelton, whose controversial economic ideas led the Senate to block her nomination to the Federal Reserve, has…
Iran’s rial hits record low of 2.44 million to the dollar as Bessent warns of 3 million next
US Treasury publishes graphic showing Iranian rial at 2.44 million to the dollar with a trajectory pointing toward…
US sanctions Turkish bank that it calls ‘critical financial lifeline’ for Iran
WASHINGTON (AP) — The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as…
‘Not normal behaviour’: De Nederlandsche Bank reallocates gold from US
For six months between March and August, the Dutch central bank quietly shifted 86 tons of gold out…
Oil steadies as investors weigh expanded U.S. sanctions against Iran
Oil prices steadied on Tuesday, after falling more than 2% in the previous session, as investors assessed the…
US dollar weakens sharply against the Japanese yen
TOKYO (AP) — The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump…
US Mint begins producing $1 coin with Trump’s face on it
WASHINGTON (AP) — The U.S. Mint has begun producing a new $1 coin bearing President Donald Trump’s face…
Trump and Vance tout Iran deal as a payday for US farmers
WASHINGTON (AP) — U.S. President Donald Trump and Vice President JD Vance say their interim deal to end…
Melania Trump announces Fostering the Future savings account
First lady Melania Trump speaks about a Trump administration initiative for savings and investment accounts for children in…
Treasury warns banks of ‘red flags’ for customers in the US illegally
WASHINGTON (AP) — Treasury’s financial crimes arm wants banks to help identify payroll schemes tied to people living…
Bessent is performing IRS commissioner duties amid Trump IRS tax scrutiny
Scott Bessent, US treasury secretary, during a Senate Finance Committee hearing in Washington, DC, US, on Wednesday, June…