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The Latest Breaking News from the US Treasury

Trump Lets Americans Buy Iranian Oil for the First Time Since the 1980s

As part of peace negotiations, the U.S. Treasury issued an unprecedented total waiver from Iranian oil sanctions.

Reason

Iran-US war latest: Trump says Tehran willing to ‘give us anything’ as Senate votes to block his military action

Iran has denied that it has agreed to the inspections and warned against ‘exaggerations’

The Independent UK

State legislative incumbents are retiring at a lower rate, facing primaries at a higher rate in 2026

Welcome to the Monday, June 22, 2026, Brew.

Ballotpedia

From analysis to the latest developments in health,
read the most diverse news in one place.

North Carolina General Assembly overrides Governor's veto of bill opting state into federal education tax credit scholarship program

On June 3, 2026, the North Carolina General Assembly overrode Gov. Josh Stein's (D) veto of HB 87, titled the Educational Choice for Children Act (ECCA), opting the state into the federal education tax credit scholarship program.

Ballotpedia

Hall Pass: Your Ticket to Understanding School Board Politics, Edition #209

Welcome to Hall Pass, a newsletter written to keep you plugged into the conversations driving school board governance, the politics surrounding it, and education policy.

Ballotpedia

Washington could tap into Iran's frozen billions to pay for Gulf attack damage

The Iranian assets Washington is considering reallocating could include frozen funds, along with ships previously seized by the United States.

Euronews

Oman resists US pressure to break ties with Iran over strait of Hormuz

Sultanate says talks with Tehran are limited to lawful management of waterway, but Washington has doubts about neutrality

The Guardian - UK

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US sanctions Iran's largest crypto exchange over IRGC links

America has imposed sanctions on Iran's largest cryptocurrency exchange, Nobitex. The US accuses the exchange of helping Iran's government and state institutions bypass Western sanctions.

The Economic Times

Trump Wants to Audit Fort Knox's $667 Billion Gold Reserves — What Could Go Wrong?

President Trump's call for a Fort Knox audit has reignited debates on the transparency and accountability of US gold reserves, highlighting concerns over government asset oversight.

International Business Times UK

US, Vietnam pledge to avoid currency manipulation, boost transparency

HANOI - ⁠The ⁠United States and Vietnam reaffirmed their commitment to avoid currency manipulation in a joint statement issued by the US Treasury and Vietnam's central bank following high-level consultations, the Treasury said over the weekend.

Bangkok Post

Iran Is Turning America's Sanctions Playbook Against It

The U.S. Treasury is trying to fight the kind of trade embargo that it usually imposes on other countries.

Reason

Jeff Bezos Is Right: Taxing Billionaires Won't Solve the Affordability Crisis

Before demanding more money from America’s wealthiest, lawmakers should account for the billions of dollars the federal government wastes each year.

Reason

US Justice Department drops all criminal charges against Gautam Adani, closes case permanently

US authorities have dropped criminal fraud charges against Gautam Adani. This follows a $275 million settlement for a probe into sanctions violations. Adani had promised a $10 billion investment in the US economy. His lawyer argued the case was weak and investment was contingent on dismissal. The settlement involved apparent…

The Economic Times

Middle East negotiations continue as US awaits Iranian response to latest peace proposal – as it happened

Centcom says it has struck two tankers heading for Iran after Tehran warned Washington was violating fragile ceasefire; two days of ‘intensive talks’ between Israel and Lebanon slated as strikes continue in the region

The Guardian - UK

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The Independent UK

Taxpayers funded more than $300K in payouts for sexual harassment claims in congressional offices, Nancy Mace claims

The lawmaker plans to release the documents after redacting personal information about the victims and witnesses

Fortune

Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’

“The level of things that are adding to the risk column are high, like geopolitics, oil, government deficits. And they may go away, but they may not.”

International Business Times UK

US Treasury Department Adds Venmo Option to Solicit Public Donations for Staggering $39 Trillion National Debt Burden

The US Treasury now accepts Venmo and PayPal for debt donations, sparking viral attention, though the effort has little impact on the nation's $39 trillion debt.

GOBankingRates

US Treasury Approves President Trump’s Plan To Phase Out All Paper Money in Favor of Crypto, Gold Coins

The days of pulling a crumpled twenty out of your wallet may be numbered. The US Treasury has greenlit replacing paper money with cryptocurrency and gold coins.

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The Conversation

Who are Iran’s new leaders? A look at 6 the US placed a bounty on – 2 of whom are already dead

The Trump administration announced a US$10 million reward on March 15, 2026, for information leading to the capture of several senior Iranian figures.

The Independent UK

Commission handpicked by Trump approves putting his picture on a commemorative gold coin

The design features a portrait of Trump standing above the Resolute Desk on a 14k gold coin

Reason

The Federal Spending Spree Will Make the Next Economic Shock Even Worse

Growing federal debt hobbles the government’s ability to respond to crises.

The Mary Sue

Zelenskyy blasts Trump after a shocking decision rocks Ukraine’s war efforts

Ukrainian President Volodymyr Zelenskyy has condemned the recent US decision to ease some sanctions on Russian oil sales, a move he says “certainly does not help achieve peace” and could be worth a staggering $10 billion to Russia. This unexpected move from President Donald Trump has sparked widespread criticism from…

GOBankingRates

Can Unclaimed Stimulus Payments Expire, and What Happens to the Money?

What happens to the money when stimulus checks go unclaimed or uncashed? Find out more about Treasury deadlines and what to do if you didn't cash a check.

The Independent UK

51st state? The ultra-right Canadian separatists going behind Carney’s back to meet with Trump on secession

Conversations with Alberta secessionist group could be meant to undermine the Canadian leader

Fortune

Fed confirms it obeyed White House request for an unusual ‘rate check,’ weakening the dollar against foreign currencies

“Something like this is extremely rare in foreign exchange markets,” ING says.

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