This post was originally published on this site.
September 1, 2026September 1, 2026
This post was originally published on this site.
This post was originally published on this site.
This post was originally published on this site. The U.S. gross national debt surpassed $40 trillion last month for the first time in the nation’s history, and while the federal government is continuing to rack up debt at an increasing pace, fiscal challenges loom on the horizon for political leaders who are currently in office and those who will be competing in upcoming elections. Earlier this year, the annual report of the Social Security and Medicare Trustees noted that the main Social Security trust fund is on track to be depleted in 2032, when automatic 22% benefit cuts would occur....
This post was originally published on this site. The proposal would modernize rules largely unchanged since the 1980s, addressing blockchain-based recordkeeping, tokenized securities and increasingly automated market infrastructure.
This post was originally published on this site. U.S. Treasury Secretary Scott Bessent detailed an aggressive campaign of economic “asphyxiation” against Iran, warning that the Trump administration could strip banks, firms or other entities that do business with the regime of access to the U.S. dollar-based financial system. During a fireside chat with FOX Business’ Larry Kudlow on Tuesday at the G20 Finance Ministerial in Asheville, North Carolina, Bessent said the U.S. had identified the Islamic Revolutionary Guard Corps’ (IRGC’s) offshore accounts held by trust companies and luxury real estate holdings. “Countries that go against this embargo, you’ll cut them...
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