Iran Outsmarts US Sanctions With Scheme Linked To Trump's Ex Commerce Secretary

Iran Outsmarts US Sanctions With Scheme Linked To Trumps Ex Commerce Secretary

Iran has been using a dollar-pegged cryptocurrency as a key tool to circumvent U.S. sanctions, according to a recent Senate report. This cryptocurrency, issued by Tether, is reportedly entangled with financial interests linked to Howard Lutnick, a former Commerce Secretary under President Donald Trump. The Senate Permanent Subcommittee on Investigations, led by Senator Richard Blumenthal of Connecticut, highlighted that Tether’s USDT stablecoin has become an … Continue reading Iran Outsmarts US Sanctions With Scheme Linked To Trumps Ex Commerce Secretary

Wall Street Erupts In Revolt Against Troubled Trump Treasury Secretary

Wall Street Erupts In Revolt Against Troubled Trump Treasury Secretary

In a striking claim during a recent address at Southern Methodist University in Texas, Treasury Secretary Scott Bessent declared, “I am the house now,” referring to his view of the bond market. However, as the market reacts with volatility, analysts suggest Bessent may have underestimated the forces at play. Journalist Joseph Zeballos-Roig captured the fallout in a late September op-ed, suggesting that Bessent’s audacious challenge … Continue reading Wall Street Erupts In Revolt Against Troubled Trump Treasury Secretary