Podcasts about treasury department

CAPTION 1907 PERSIATreasury Targets Iranian Sanctions EvasionMax Meizlish explains how the Treasury Department's FinCEN is penalizing five branches of an Egyptian bank in Dubai to curb illicit financial flows. FinCEN identified $1.8 billion in suspicious transactions linked to the Iranianregime. To effectively dismantle Iran's financial network, Maizlish argues the US must target Chinese institutions, as China purchases over 90% of Iran's crude oil. Specifically, he advocates for blacklisting the Bank of Kunlun—a state-owned Chinese entity heavily involved in Iranian sanctions evasion. Maizlish asserts that CNPC officials are fully aware of these illicit transactions, making decisive sanctions necessary. (6)

CAPTION: 1955.CONTENTS THE JOHN BATCHELOR SHOW, 9-2-2026Saudi Arabia Seeks Nuclear EnrichmentAndrea Stricker discusses the Trump administration's submission of a Section 123 nuclear cooperation agreement with Saudi Arabia to Congress. This agreement could grant Saudi Arabia dual-use uranium enrichment and plutonium reprocessing capabilities, potentially enabling nuclear weapon development. A major concern is Saudi Arabia's refusal to sign the IAEA's Additional Protocol, which permits inspections of undeclared nuclear sites. Although Congress has 90 days to review and potentially block the accord, overcoming a presidential veto would require an unlikely two-thirds majority. Stricker notes the administration's claims about Chinese and Russian competition lack evidence. (1)China Rejects Global Trade ConsensusKamran Bokhari and Gordon Chang discuss China's refusal to sign a G20 finance ministers' consensus document, objecting to language targeting non-market policies that cause trade imbalances. Chang attributes this defiance to Xi Jinping's arrogance and belief in US decline. Bokhari explains that China is posturing ahead of a summit with Trump, utilizing command capitalism to flood global markets. Bokhari highlights a shifting security architecture in Asia, including Tokyo deploying fighter jets to India and Jakarta arming itself, driven by expectations of US retrenchment. Additionally, Xi Jinping maintains absolute control domestically through extensive military purges while building ties with Egypt. (2)Steve Yates Warns Of ConflictSteve Yates and Gordon Chang address China's refusal to sign the G20 finance ministers' statement, which criticized "non-market" policies. Yates views this as an honest admission that Beijing has no intention of conforming to international trade standards. He praises Treasury Secretary Bessent for maintaining a firm stance alongside allies. Anticipating the September 24th summit between Trump and Xi Jinping, Yates notes that Washington has delayed a $14 billion arms sale to Taiwan to preserve positive "mood music." Finally, Yates warns of the "CRINK" axis—comprising China, Russia, Iran, and North Korea—collaborating on military supply chains and conflicts. (3)Global Energy And Food CrisisMichael Bernstam outlines a compounding global energy and food crisis. Tensions between the US and Iran have halted critical oil shipments through the Strait of Hormuz, driving Brent crude prices up. Meanwhile, European winter natural gas prices have tripled due to storages being filled only to 62%. High gas prices also restrict fertilizer production, which, coupled with Black Sea port bombings by Russia and Ukraine, has caused a spike in global grain prices. Finally, despite US interest in Venezuelan heavy crude to produce diesel, decades of local mismanagement limit production. (4)Young Conservatives Embrace Nixon MaxingRyan Bangert explores the Gen Z trend of "Nixon maxing," where young conservatives view Richard Nixon as a heroic avatar resisting 1970s extremism. Bangert argues this aesthetic misinterprets Nixon as a revolutionary. In reality, Nixon was a counterrevolutionary who sought to preserve and revitalize established institutions based on the values of the American founding. Contrastingly, Bangert highlights the philosophical division between the destructive, post-Christian French Revolution and the enduring American Revolution. Ultimately, he urges young conservatives to appreciate Nixon's true legacy: conserving institutional checks and balances to temper flawed human nature. (5)Treasury Targets Iranian Sanctions EvasionMax Maizlish explains how the Treasury Department's FinCEN is penalizing five branches of an Egyptian bank in Dubai to curb illicit financial flows. FinCEN identified $1.8 billion in suspicious transactions linked to the Iranianregime. To effectively dismantle Iran's financial network, Maizlish argues the US must target Chinese institutions, as China purchases over 90% of Iran's crude oil. Specifically, he advocates for blacklisting the Bank of Kunlun—a state-owned Chinese entity heavily involved in Iranian sanctions evasion. Maizlish asserts that CNPC officials are fully aware of these illicit transactions, making decisive sanctions necessary. (6)El Niño Defies Weather ForecastsJeremy Zakis reports on the unpredictable impacts of the current super El Niño on Australian weather. Contrary to long-term dry forecasts, Sydney is experiencing unseasonable, rolling rain showers, while Western Australia faces extreme heat exceeding 100°F. Zakis warns that if droughts strike in late September rather than mid-October, Australia faces a catastrophic, extended bushfire season fueled by rapid undergrowth. Beyond Australia, extreme weather anomalies like French tornadoes and Southern California hurricane warnings are linked to historically high Pacific sea temperatures. Additionally, warm temperatures have caused dangerous eastern brown snakes to begin moving early. (7)brown snakes to begin moving early. (7)Axis Cooperates On Advanced WeaponryBradley Bowman and Mark Montgomery, authors of Axis of Aggressors, analyze the rising military coordination detailed in their book. They reveal a secret Russian program helping Iran build supersonic cruise missiles using ramjet engines, which pose a severe threat to US and merchant vessels in the Gulf. Furthermore, China assists Iran with chemical precursors and satellite targeting data. Beyond the Middle East, Russia engages in hybrid warfare in Europe, including attempted drone attacks in Germany. In response, Germany is significantly increasing defense spending and deploying a combat brigade to Lithuania to bolster deterrence. (8)Commodity Prices Spike Amid UnrestSimon Constable discusses recent extreme weather, including an unprecedented tornado in the south of France that damaged 300 homes. This disruption mirrors severe instability in the commodity markets, where Brent crude has surged to $94 a barrel, European gas has jumped 26%, and Black Sea grain prices have spiked up to 16%. Constable also critiques the new UK Prime Minister Andy Burnham for focusing on minor local issues rather than global crises. Finally, he reviews public backlash against data centers, which consume substantial water and over 4% of total US electricity. (9)SpaceX Builds Massive Private SpaceportBob Zimmerman highlights SpaceX's purchase of a massive plot in Louisiana to establish a private spaceport capable of hosting dozens of Starship flights daily. Zimmerman argues that SpaceX's market-driven approach ensures success, whereas state-sponsored space programs in the UK and Canada often flounder due to bureaucracy. He outlines SpaceX's progress, including recovering the prototype 13 Starship and preparing for flight 14. Finally, Zimmerman notes the successful, on-budget launch of the Nancy Grace Roman Space Telescope, upgrades to NASA's Deep Space Network, and the upcoming nuclear-powered Skyfall mission to Mars. (10)

We've launched Minimum Competence CLE, and our first course is now available completely free. Researching Federal Tax Issues After Loper Brightlooks at how the Supreme Court's decision ending Chevron deference changes the way lawyers should research and evaluate Treasury regulations, IRS guidance, and other federal tax authorities.Take the course and earn CLE credit at cle.minimumcomp.com.This Day in Legal History: The Treasury Department Is CreatedOn September 2, 1789, Congress passed the act establishing the Department of the Treasury—the third executive department created under the new Constitution, after Foreign Affairs and War, both of which we've marked on this show. A week or so later, President Washington would name Alexander Hamilton its first Secretary, and with that appointment, one of the most consequential careers in American governance began.The Treasury Department was, in a real sense, where the abstract new government became a functioning state. Hamilton inherited a country drowning in Revolutionary War debt, with no reliable revenue, no national bank, and shaky credit at home and abroad. Over the next few years, from that department, he engineered the financial architecture of the United States: the federal assumption of state debts, a system of customs duties and excise taxes to actually bring in revenue, the First Bank of the United States, and the establishment of public credit as a national asset. His conviction—captured in today's opening quote—was that a manageable national debt, properly serviced, would knit the country's creditors to its success and give the young republic financial standing in the world.The significance of September 2, 1789 is that the Treasury became, and remains, one of the most powerful institutions in American life. It runs the IRS, manages the public debt, enforces sanctions, and shapes economic policy in ways that touch every person in the country. The debates Hamilton started—about debt, about taxation, about how much the federal government should do with its fiscal power—are debates we are still having, quite literally, in every episode where we cover a tax question. And it's a fitting anniversary for today, because our final segment is a tax story—a reminder that the unglamorous machinery of how governments raise revenue, which Hamilton built, is where an enormous amount of real policy actually happens.A Utah judge has ruled that there is enough evidence to send Tyler Robinson to trial for the assassination of conservative activist Charlie Kirk—and, critically, that prosecutors may seek the death penalty. We covered the prosecution's theory of this case back in July; now it has cleared its first major legal hurdle. At a preliminary hearing, Judge Tony Graf found the state had met the probable-cause standard on all seven counts, including aggravated murder, concluding that the evidence was “sufficient at this stage to support a reasonable belief that the defendant is the individual who shot and killed Charlie Kirk.” A word on that standard, because it matters: a preliminary hearing is a low bar. The state doesn't have to prove guilt beyond a reasonable doubt—that's for the trial. It only has to show probable cause, a reasonable belief that a crime occurred and this defendant committed it. So this ruling isn't a verdict; it's a green light to proceed. The most consequential fight at the hearing was over whether this qualifies as aggravated murder, the charge that makes the death penalty available. Under Utah law, that generally requires an aggravating circumstance—and here prosecutors argued that Robinson, by allegedly firing a rifle from a rooftop toward Kirk near a crowd at Utah Valley University, knowingly created a great risk of death to people other than his target. The prosecutor called it “common sense” that shooting into a crowd endangers others; the defense contested it. The judge sided with the state, keeping capital punishment in play. The significance is that this now becomes a death-penalty trial in a case already saturated with political meaning, and everything—the evidence, the alleged motive, the aggravating circumstances—will now be tested under the far more demanding standard of a jury trial. Utah judge rules accused killer of Charlie Kirk will stand trial, face death penalty | ReutersNPR · CNNNow for something lighter, though still a real lesson in criminal procedure: Tiger Woods has reached a plea deal in his Florida impaired-driving case, and will lose his driver's license for five years. Woods was arrested in March after a rollover crash on Jupiter Island; no one was hurt. Under the plea agreement, prosecutors amended the charges—the first count down to reckless driving as a second offense, and the second to a careless-driving citation—and Woods agreed to the five-year license suspension plus a $1,500 fine, avoiding jail time. This is a textbook illustration of how plea bargaining actually works: the vast majority of criminal cases never go to trial, and instead resolve through negotiated pleas in which the defendant accepts responsibility for a reduced charge in exchange for a lighter, more certain outcome, and the state secures a conviction without the cost and risk of trial. Two details are worth flagging. First, “second offense”—Woods had a prior reckless-driving plea back in 2017, and repeat offenses generally carry stiffer consequences, which is part of why the license suspension is so long. Second, the judge was pointed about that suspension, saying it's “for the safety of the public” and that there are “no exceptions”—drive for any reason at all, the judge warned, and Woods goes straight to jail. The significance, beyond the celebrity, is a clean look at how the system handles impaired driving for someone who isn't a first-timer: not incarceration, but a charge reduction paired with a long, strictly-enforced license suspension aimed squarely at keeping him off the road. It's the everyday machinery of criminal justice, applied to an extraordinarily famous defendant. Woods gets 5-year license suspension in plea deal | ReutersABC News · CNNAnd finally, in my column for Bloomberg Tax this week, I take on a delightfully wonky problem with a real-world bite: the way Massachusetts taxes interstate trucks. My argument is that the state's rolling-stock tax is backward—it functions, weirdly, as a reverse carbon tax and a hidden tax on consumers—and that the fix isn't simply to exempt trucks, but to redesign the tax around where the trucks are actually used.Here's the problem. Massachusetts applies its sales and use tax to the full purchase price of an interstate truck, even if only a sliver of that truck's miles are logged in Massachusetts. Under state guidelines, a truck basically escapes the tax only if it spends six or fewer days in the state over a year—spend a week, and you can owe tax on the vehicle's entire price. Now layer on a perverse consequence: newer, cleaner trucks cost more money, so a tax based on purchase price falls hardest on the newest, most efficient, lowest-emission equipment. That gives carriers an obvious incentive to keep their clean new trucks out of Massachusetts and send in their older, dirtier ones. A state that says it cares about emissions has built a tax that literally rewards operating older, more polluting trucks within its borders. And because this is a tax on a business input, it doesn't stay with the trucking companies—it gets baked into freight costs and shows up in the price of groceries, medicine, and building materials, a phenomenon economists call tax pyramiding and the rest of us call higher prices.So what should Massachusetts do? There's a House bill to exempt qualifying interstate rolling stock, and I say that moves in the right direction—but the state shouldn't stop at a blanket exemption. The cleaner solution is apportionment: tax the Massachusetts share of the truck's use, based on in-state mileage, the same way states already apportion other business activity. Massachusetts taxes the Massachusetts piece, New York the New York piece, and so on. That six-day threshold is a lousy proxy—the seventh day a truck rolls through the state doesn't magically make the other 358 days of interstate driving Massachusetts activity. I also argue the state should make sure that upgrading to a cleaner fleet never increases a carrier's tax bill—give newer, higher-emissions-standard vehicles a credit or adjustment. And because no carrier should face a different tax regime every time it crosses a state line, I think the right long-term answer is a uniform, mileage-based model rule developed through something like the Multistate Tax Commission. The bumper-sticker version of my argument: removing this distortion is environmental policy, even though it looks like a tax break—because sometimes the cheapest, smartest thing a government can do is just stop taxing the very behavior it claims to want. Massachusetts Truck Taxes Need Revamp Beyond Adding an Exemption | Bloomberg Tax This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Steve Forbes explains how Fed Chair Kevin Warsh and Treasury Secretary Scott Bessent can save the U.S. economy—and the world's—by shifting the core missions of both the Federal Reserve and Treasury Department to achieving a stable value for the dollar. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jon Herold marks the six month anniversary of the Iran conflict by ribbing early predictions it would wrap up in weeks, then covers the Treasury Department's first named sanctions target under "Operation Economic Outcast," a UAE bank accused of processing 1.8 billion dollars for Iranian shadow banking networks. He digs into a new report on hundreds of millions in tax deductible charity dollars allegedly funneled into Democrat leaning voter registration efforts, and breaks down Trump's surprise announcement letting farmers and ranchers process their own meat to bypass a handful of dominant processors. Jon also debuts a new "Flashback Friday" segment, revisiting a November 2020 Politico article on presidential records that he argues quietly laid groundwork for the later classified documents scandals, plus a personal story about turning down a paid Polymarket promotion over disclosure concerns. Sponsor reads and lively chat banter round out a newsy Friday show.

Breaking news out of the Hawaii Supreme Court where justices have declared City Council Chair Tommy Waters ineligible to run for another term. New York Governor Kathy Hochul has granted a pardon to Sae Joon Park, the Purple Heart veteran who self deported to Korea last year after living in the U-S for nearly 50 years. And the U.S. Treasury Department announced new steps today to further isolate Iran economically, as the war hits the six-month mark today. See omnystudio.com/listener for privacy information.

Episode 365 of the Independent Advisors Podcast. Aaron Cramer and Nick Whitaker cover a lot of ground this week, including the bond market, Treasury yields, and the Treasury Department's decision to double its bond buyback program after 30-year yields hit their highest level since 2007.Also covered: why more companies raising guidance than lowering it is a bullish signal, how 2026 compares to past midterm election years, and whether the "US debt crisis" headlines are overblown.Plus, a look back at the history of the 401(k), including how stock ownership among Americans has grown from less than 20% in 1983 to over 60% today, and proposed IRS and Treasury guidance that could modernize retirement account rollovers.If you've been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!Blog Post from Charlie Vilello on August 18th - https://bilello.blog/2026/the-week-in-charts-8-18-26Post on X from Ben Carlson on August 19th - https://x.com/awealthofcs/status/2090190352745447726?s=12&t=Godkt5FzuqWcmpmvo2G5JgPost on X from Astra Insights on August 13th - https://x.com/AstraInsights/status/2087985036348059822?s=20Saving for RetirementThe Thrift Savings Plan

There have been a lot of sanctions programmes against Iran. But this week US Treasury Secretary Scott Bessent announced Operation Economic Outcast, which promises to go further than ever before. It will punish not just Iran but any country helping Iran - including China.It is the Trump administration's latest attempt to end the war. Will it work? We speak to Vali Nasr,  professor of international affairs and Middle East studies at Johns Hopkins University, and ask whether in trying to end one war, President Trump risks starting a global trade conflict.(Photo: US Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, DC, 24 August, 2026. He has short, mousy-grey hair and is wearing glasses, with the American flag behind him. Credit: Evelyn Hockstein/Reuters)Producers: Mhairi MacKenzie and Lucy PawleSound engineer: Travis EvansEditor: James ShieldSenior news editor: China Collins

The national debt exceeds $40 trillion, U.S. long-term Treasury yields are at 19-year highs, the U.S. Treasury Department is intervening in currency and bond markets. We unpack it all in this episode and show you how to position your investment portfolio to lock in higher yields and protect yourself from falling bond prices.SponsorsTry NetSuite for FreeDelete Me – Use code David20 to get 20% offOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesEpisode 563 Slide DeckDebt to the Penny - U.S. TreasuryHistorical debt and budget tables - U.S. White HouseAverage U.S. national debt interest rate - U.S. TreasuryTreasury Announces Increased Sizes of Nominal Long-End Liquidity Support Buybacks Beginning September 9 - U.S TreasuryAmerica's Risky Debt: What Markets See That Policymakers Don't - Hanno LustigRelated Episodes525: No More AAA – What the U.S. Debt Downgrade Means for Investors463: How to Lock in Higher Yields464: More Ways to Lock in Higher YieldsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Carbon credits. Regenerative agriculture. CI scores. 45Z. If you've been hearing these terms but still aren't sure what they actually mean for your farm, this episode is for you. Tanner, Corey, and Dave sit down with Kelly Garrett of XtremeAg and Mike Busing of Windy Ridge Ag to unpack one of the most talked-about opportunities facing corn growers today: 45Z. The conversation begins by looking back at the rise and fall of carbon markets. Mike shares his experience helping build one of the country's largest carbon programs through Regenerative Roots, while Kelly explains why the lack of standardized rules ultimately slowed the market's momentum. Together, they discuss why voluntary carbon programs struggled, how international demand still exists, and what lessons were learned from the "Wild West" days of carbon credits. From there, the discussion shifts to 45Z—a federal clean fuel production tax credit that could fundamentally change how ethanol plants value grain. Kelly and Mike explain how carbon intensity (CI) scores work, why low-CI corn could become increasingly valuable, and how competition between ethanol plants may create new revenue opportunities for farmers. They also discuss why the Treasury Department's final guidance is so critical and how regional differences could determine who benefits the most. The group also explores larger questions surrounding government incentives, environmental policy, and whether 45Z is simply another subsidy or a meaningful shift toward rewarding more efficient farming practices. Along the way, they debate whether the current program represents a "carrot" that encourages voluntary change—or whether future regulations could eventually become the "stick" if agriculture doesn't continue improving on its own. Whether you're skeptical, optimistic, or simply trying to understand what everyone is talking about, this episode delivers one of the most practical conversations we've had on the future of carbon markets and the role 45Z could play in improving farm profitability. Want Farm4Profit Merch? Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don't forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: Farm4profitllc@gmail.comCall/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/Farm4Profit Media is not a financial, legal, or tax advisor. Content is provided for informational purposes only, and we serve solely as a platform for third-party opinions. Any actions taken based on this content are at your own risk. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Last week, Treasury Secretary Scott Bessent announced plans to buy back long-dated Treasuries to lower yields. The markets got a different message. The Treasury move reignited the debasement trade and sent both gold and silver sharply higher. In this episode of the Midweek Memo podcast, host Mike Maharrey explains what the Treasury Department hoped to do and the message it sent the markets instead. Meanwhile, some people regret missing out on the last gold bull run. If you're one of them, Mike explains why it's not too late to get in on the next move up.

August 25, 2026: 8am — Bessent threatens new sanctions against Iran  To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The US promises to squeeze Iran by targeting anyone who does business with Tehran - but Washington has so far announced only limited sanctions. Our correspondent says the US wants to put even more economic pressure on Iran. Also: fire crews in Nevada say they've brought under control about a quarter of the wildfire outside Reno. Health workers helping to tackle the Ebola outbreak are attacked in the Democratic Republic of Congo. There's been an explosion of gambling in Brazil. Retired international cricketers are trying to help the former Pakistan captain - and ex-prime minister - Imran Khan, who's currently in prison. And there's been an apparent leak of footage from the new edition of the game, Grand Theft Auto.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.ukPhoto: U.S. Treasury Secretary Scott Bessent at a press conference to outline further sanctions against Iran, at the Treasury Department in Washington. Credit: Reuters

A.M. Edition for Aug. 25. Two lawmakers detail their bipartisan bill to end personalized dynamic pricing in grocery stores, where AI is increasingly deciding whether Shopper A should pay more for the same product than Shopper B. Plus, the Supreme Court helps clear the way for President Trump's restrictions on mail-in voting. WSJ supreme court reporter James Romoser explains what it could mean for the midterms. And, more companies are preparing to join Wall Street's IPO bonanza. And Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On Tuesday, August 18, the Treasury Department announced that the debt held by the U.S. government surpassed $40 trillion, a record high. The national debt has more than doubled since 2017, and it increased from $39 trillion to $40 trillion in roughly the past five months. In response to the latest milestone, lawmakers from both parties called for new initiatives to reduce the debt. Ad-free podcasts are here!Get 20% off your first year of ad-free episodes, exclusive interviews, and deep dives with Tangle's podcast membership!Applications are open.For the past three years, Tangle has run a college ambassador program, offering current college students the chance to serve as Tangle's liaison on their campus, organizing speaking events, clubs, class talks, and more. Applications are now open for the fall semester program. If you (or someone you know) is interested in applying, you can do so here. We are accepting applications until Wednesday, September 2 at 11:59 PM ET. Please email Will Kaback at will@readtangle.com with any questions.You can read today's podcast⁠ ⁠⁠here⁠⁠⁠ and today's “Have a nice day” story ⁠here⁠.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: How would you address the national debt and deficit? Let us know.Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast written by: Ari Weitzman and audio engineered and edited by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Bailey Saul, Audrey Moorehead, and Carina Pacheco. Hosted on Acast. See acast.com/privacy for more information.

Secretary Bessent announced that the Treasury Department was going to intervene in the bond market last week because “market fundamentals were not working.”  In today's Capital Record, David explains what was done, why it was done, what to expect, and most of all, why it is so, so sad to see this happening. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed the chip sector rebounding from Monday's weakness, as well as Nvidia looking to snap a seven-day-losing streak — its longest such streak since 2022 — ahead of the chip giant's much-anticipated earnings due out after Wednesday's close of trading. The anchors reacted to Stanley Druckenmiller's op-ed in The Wall Street Journal, in which the legendary hedge fund manager called the Treasury Department's bond intervention a "mistake," adding that the government needs to "let the bond market speak." Shares of Dick's Sporting Goods plunged on lowered guidance: Hear Jim compare the retailer's challenges with Nike's woes. Also in focus: U.S.-Canada trade war intensifies, SpaceX's morning launch, Elon Musk's AI vision, Cramer on beaten-down Netflix shares.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Throughout 2026, you cast your nominations for the FedScoop 50, and the results are in. Hundreds of top executives from across the government tech landscape are now up for vote to see who will be honored among this year's FedScoop 50. Voting is open now and runs through September 25. Make your voice heard to help us select who will be recognized on this year's list. One of those nominees in the prestigious Golden Gov category for this year is VA Deputy Secretary and currently acting CIO Paul Lawrence. Lawrence joined the Daily Scoop Podcast to discuss his top priorities in both roles, namely the continued rollout of the department's modernized electronic health record with Oracle. Sam Corcos, the Treasury Department's chief information officer who entered the federal government as a member of the so-called Department of Government Efficiency, has taken on three roles within the General Services Administration. Corcos now serves as acting director of Technology Transformation Services, acting deputy commissioner for the Federal Acquisition Service, and acting assistant commissioner of Login-dot-gov, according to the GSA. “As a current federal agency CIO, Sam Corcos has led complex technology operations and worked across government to advance the President's technology priorities,” a GSA spokesperson told FedScoop. Before Corcos was made Treasury CIO in May 2025, he was co-founder of Levels, a health tech company. Since joining Treasury as a special adviser in March 2025, Corcos has sought access to government data and, according to Wired, made efforts to unify the API at the IRS. “The Trump Administration is focused on making government more effective, efficient, and responsive, and TTS will continue to be an important part of that effort. We are confident that Sam will help advance that mission,” the spokesperson said. Outgoing federal CIO Greg Barbaccia has led TTS since February and Greg Hogan has overseen Login-dot-gov since April. Lawmakers are pushing back on Immigration and Customs Enforcement plans to equip in-the-field agents with gloves that deliver electric shocks. Members of the House Committee on Homeland Security sent a letter last week to Department of Homeland Security Secretary Markwayne Mullin, urging him to intervene and halt the procurement. The signatories included Bennie Thompson of Mississippi, the committee's top Democrat, as well as Reps. Luis Correa of California and Shri Thanedar of Michigan, ranking members of the Border Security and Enforcement, and Oversight, Investigations, and Accountability subcommittees, respectively. The representatives warned of the technology being “incorrectly used or abused by officers resulting in injury or death,” per the letter. In acquisition planning documents published earlier this month, DHS said it intends to invest up to $20 million into Compliant Technologies' Generated Low Output Voltage Emitter devices for Homeland Security Investigations officers and Enforcement Removal Operations agents. The contract is expected to be awarded later this year. “ICE is constantly assessing the needs of our officers in the field to ensure they have the tools and equipment necessary to safely arrest and remove criminal illegal aliens from our country,” a DHS spokesperson said in an email. “Every decision is made with careful consideration and appropriately reviewed to ensure that any technology ICE utilizes is consistent with all applicable law enforcement policies and standards.” The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

Ben Harris is vice president and director of economic studies at the Brookings Institution and previously served in senior economic policy roles at the Treasury Department and Council of Economic Advisers. Ben returns to the program to discuss why recent economic shocks have been less damaging than expected, the outlook for inflation and energy markets, whether AI can improve the U.S. fiscal outlook, why we should temper our AI optimism, how longer lifespans and higher interest rates could complicate the fiscal picture, and much more. Watch the full length video on our new YouTube Channel! Check out the transcript for this week's episode, now with links. Recorded on July 20th, 2026 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Follow Ben on X: @econ_harris Check out our Macro Musings merch! Timestamps 00:00:00 - Intro 00:00:55 - Reasons We Were Wrong 00:11:58 - Stubborn Inflation 00:14:57 - Crude Is Not Really the Problem 00:20:12 - A Novel Sanctions Regime 00:30:35 - Temper Your AI Optimism 00:39:34 - Longer Lives, But Larger Debt 00:45:00 - AI and the Future of Interest Rates 00:49:24 - Policy Implications 00:56:26 - Outro

After the U.S. treasury yields surged to levels not seen in nearly 20 years, U.S. Treasury Secretary Scott Bessent announced that the Treasury would double the size of its government debt repurchases. Treasury Department officials tell CNBC's Steve Liesman that the plan could be funded by the Treasury's General Account Fund, or its “rainy day” fund. Trade talks between the U.S. and Canada have collapsed, bringing 50% tariffs into effect on $20 billion worth of Canadian goods coming over the border. U.S. Trade Representative Jamieson Greer explains his own perspective on the negotiations. Nvidia is reportedly considering investing in AI startup Perplexity. Sprout CEO Shelly Li built her company to recycle, refurbish, remarket, and retire GPUs and data centers. Li explains the lifecycle of AI hardware from hyperscalers and the residual value of old chips and underscores power as the biggest constraint in the tech ecosystem.    Megan Cassella - 05:34 Steve Liesman - 13:39 Jamieson Greer - 22:55 Shelly Li - 39:03   In this episode: Amb. Jamieson Greer, @USTradeRep Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Megan Cassella, @mmcassella Steve Liesman, @steveliesman Cameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

While John is on vacation somewhere in Europe - Here's a special presentation of John's OTHER podcast - The Oath and the Office.Donald Trump is being sued over a service offering paying customers early access to his Truth Social posts, including market-moving announcements, for as much as $100,000 a month. Is official presidential information becoming a private commodity?Then Trump goes back to the Supreme Court after two lower court losses, asking the justices to revive his plan to impose new conditions on mail ballots ahead of the midterms. Professor Corey Brettschneider and John Fugelsang break down what the fight means for presidential power over elections.They also look at ICE's reported plan to spend millions on electric shock gloves and the Treasury Department's decision to dismantle major beneficial ownership disclosure rules designed to expose anonymous shell companies, rules originally championed by Marco Rubio as a weapon against money laundering, trafficking, and terrorism.From presidential self-enrichment to elections, immigration enforcement, and financial secrecy, the question is the same: who is left to constrain executive power?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A.M. Edition for Aug. 21. WSJ's Alex Frangos explains the combination of factors that fueled a multi-day bond selloff and what to watch for in the weeks to come. Plus, the Trump administration targets the Bar Association's ability to accredit law schools. And James Rundle from the Dow Jones Risk Journal podcast looks at a White House initiative that could see private companies join the fight against foreign criminal groups. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Crypto stocks gain as bitcoin heads for best week in over two years. And Swedish heating company Nibe Industrier sees sales growth from heat pumps and data centers. Julie Chang hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A light earnings and economic slate could keep oil prices and Treasury yields in the spotlight today. Yields rose Thursday despite another Treasury Department intervention pledge. Important Disclosures This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The securities, investment products and investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for their own particular situation before making any investment or trading decisions. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. For illustrative purposes only. Individual situations will vary. Not intended to be reflective of results you can expect to achieve. Investing involves risk, including, for some products, more than your initial investment. Past performance is no guarantee of future results. Supporting documentation for any claims or statistical information is available upon request. Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed-income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intended. Please read more about risks of trading cryptocurrency futures here. Schwab does not recommend the use of technical analysis as a sole means of investment research. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.  Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (0131-0826) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In case you missed it, investor jitters about borrowing, geopolitical conflict, and inflation drove the 30-year U.S. Treasury yield up to a nearly two-decade high. Then, the Treasury Department announced it would spend $4 billion on longer-term government bonds. There was some relief, and bond yields began to fall. We'll explain market reactions and why this is all about confidence in the long-term financial stability of the U.S. Plus, we'll learn about the current landscape for psychedelic therapy drugs.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

In case you missed it, investor jitters about borrowing, geopolitical conflict, and inflation drove the 30-year U.S. Treasury yield up to a nearly two-decade high. Then, the Treasury Department announced it would spend $4 billion on longer-term government bonds. There was some relief, and bond yields began to fall. We'll explain market reactions and why this is all about confidence in the long-term financial stability of the U.S. Plus, we'll learn about the current landscape for psychedelic therapy drugs.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Carl Quintanilla, Jim Cramer and David Faber led off the show with Jim live from Micron headquarters in Boise, Idaho. The chipmaker announced a $10 billion investment in a new AI and memory research lab. Cramer spoke exclusively with Micron CEO Sanjay Mehrotra about how the company is capitalizing on the AI boom. The anchors discussed a number of stories weighing on stocks: Walmart shares tumbled after the company missed on raised guidance and posted its weakest same-store sales growth in more than six years; Yields rebounded one day after the Treasury Department announced an increase in bond buybacks; Oil prices jumped after President Trump threatened "unprecedented" economic war against Iran. Also in focus: Strategy, Coinbase and Bitcoin extend their big rally sparked by Trump's White House meeting with crypto executives. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

//The Wire//2300Z August 19, 2026// //ROUTINE// //BLUF: PRESIDENT TRUMP ANNOUNCES HALT TO DIPLOMATIC EFFORTS WITH IRAN. DUBAI CONFIRMS YESTERDAY'S MISSILE ATTACK ORIGINATED FROM IRAN. ISRAELIS STRIKE AIRBASE IN SYRIA. TAJIK NATIONAL FLEES MURDER CONVICTION IN UNITED STATES AFTER VIRGINIA ALLOWS HIM TO OBTAIN PASSPORT.// -----BEGIN TEARLINE------International Events-Persian Gulf: Following yesterday's missile warnings in Dubai, the culprit of the missile attack was revealed to be not the Houthis, but Iran. Two ballistic missiles were launched from within Iran, with one impacting in the Gulf, and the other landing somewhere outside the UAE. Emirati officials have stated that the missiles were not intended for them, and that the missiles were attempting to target merchant vessels within the Strait of Hormuz. Nevertheless, the UAE has allegedly halted trade and financial transactions with Iran, until further notice.Analyst Comment: Prior to the war, Dubai was Tehran's gateway to the west, and served as a major hub for trade, but especially for banking. If the Emirs have indeed shut down Iran's access to financial markets, this will probably have more significant impact than it seems at first.Syria: Last night Israeli forces conducted airstrikes at Al Duhur Airbase, targeting the runway and several maintenance facilities at the airfield.Analyst Comment: This is a message to Turkey. Turkish forces have been at this airfield for a few months, trying to fix the airstrip enough for it to open once again, which would in turn allow for the recreation of the Syrian Air Force, but also another place for Turkish forces to run operations out of. The Israelis striking this runway is probably an effort to put the Syrians back in their box, and also inflame tensions with the Turks even more, to prevent their expansion into Israel's back yard.-HomeFront-USA: Around the nation, the energy crisis continues to worsen as gas prices climb steadily higher. This morning, the national average for diesel rose to over $5.50, as reflected by the current global diesel shortage. This afternoon bond yields dropped after the Treasury Department announced that the US will be doubling the repurchases of debt.Washington D.C. - Yesterday President Trump stated that no diplomatic efforts with Iran are taking place, sharply reversing the months of prior rhetoric that the White House has become legendary for. Up until this statement, the official stance has been that indirect talks are occurring, and that Iran frequently calls the White House "wanting to make a deal". Yesterday's statement by President Trump is a very sharp reversal regarding the diplomatic efforts in the region.Virginia: Yesterday local authorities revealed that a Tajik man fled the United States last month following his detention in a mental facility. In 2019, Abdulloi Toshpulodzoda stabbed his landlord to death, but was found not guilty by reason of insanity in 2022. He was sentenced to detention in a mental facility, before being deemed to be a candidate for early release last year. While serving his sentence, he was allowed by the prosecution to visit the Tajik Embassy in Washington D.C. where he was allowed to obtain a passport for his home country of Tajikistan. He was also allowed to have prison vacation time, when he could have two-day vacations outside the detention facility. During one of these vacation slots on July 6th, Toshpulodzoda used his passport to flee the United States.-----END TEARLINE-----Analyst Comments: In Utah, overnight more details have come to light regarding Monday's funeral shooting. The lead suspect at the moment is Afuhia Masiu Manatau, who pulled out a gun and attempted to kill an unidentified person at the funeral. At some point during the shootout, his son Tusi took his father's gun and continued to shoot at members of the Angilau family.Concerning the alleged victims, a correction to yesterday's report is needed as the fatality in this case is not the same person who was previously convicted of murder. The victim was Vilisoni Angilau (aged 18), and Vilisoni Angilau (aged 33) was previously convicted of crimes related to gang affiliation. Same exact name, same exact area, same exact family, same exact affiliation with the Ward, but different people. Turns out, the 18-year-old who was killed yesterday is also affiliated with the Tongan Crips, as evidenced by confirmed gang members and shotcallers mourning his death on Facebook. Local Tongans are claiming the victim is not affiliated with the gang, but social media posts indicate this is not true.The reason for why this matters is due to the elevated potential for a gang war to kick off, if it hasn't done so already. Clearly local police thought the same at the time, as they rolled way harder than they needed to in order to protect the hospital. Gang violence is very likely to continue to escalate within Utah over the next few weeks, and this is going to affect more people than just those in the gang. When the only Level 1 Trauma Center for hundreds of miles is locked down because hordes of Tongan Crips are trying to break down the doors after a gang shooting, this becomes more of a substantial concern than just some random gang war. Even in the legendary gang epicenters around the country, local hospitals don't have to worry about literally being overrun as if they were a forward-deployed military base in a foreign land. But in Salt Lake City, this is now a genuine concern that is all brought about by a demographic that comprises less than one percent of the population.Analyst: S2A1 Research: https://publish.obsidian.md/s2underground NomadNet: 5fa68c88be727a0e1a250a75e5e79269 Disclaimer: No LLMs were used in the writing of this report. //END REPORT//

On August 20, I'm going to be hosting a webinar on how to use AI to validate the quotes you receive from contractors and subcontractors. To register for the webinar click HERE. Even if you can't attend live, we will send you the recording. --------------Today we're talking about an announcement from the U.S. Treasury Department that has generated a surprising amount of noise in the financial markets.The two words getting attention are Treasury buybacks.Treasury announced today, August 19, that beginning September 9 it will increase, by at least double, the size of its liquidity support buyback operations for longer-dated Treasury securities. Specifically, the maximum size for operations in the 10-to-20-year and 20-to-30-year sectors will increase from $2 billion to at least $4 billion per operation.It might be coincidence, but this happened on the same day that US debt topped $40T. The country's “total public debt outstanding” officially hit $40.047 trillion on Tuesday, the Treasury Department reported Wednesday, ticking up from $39.987 trillion a day earlier.Immediately, people started describing this as quantitative easing, QE light, yield curve control, and even a new version of Operation Twist.I think we need to separate the mechanics from the headlines.A Treasury buyback is not the same thing as Federal Reserve quantitative easing. The Treasury is already issuing enormous quantities of debt. In a buyback operation, Treasury can issue securities in one part of the market and use some of those proceeds to repurchase securities that are already outstanding.The important distinction is which securities they are buying.The liquidity support program primarily targets what are called off-the-run Treasury securities.When Treasury issues a new 10-year note, for example, that newly issued security becomes the on-the-run Treasury. It tends to trade very actively. The older 10-year securities that were issued previously become off-the-run securities.They're still Treasury obligations. Their credit quality hasn't changed. But they don't necessarily trade with the same liquidity. That becomes important during periods of market stress. If a large investor needs to sell a significant quantity of an older Treasury security, there may not be as deep a pool of buyers as there is for the newest issue.--------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Get 20 Extra Minutes with Jackie & Dunlap over at http://patreon.com/redstateupdate In this episode of the Red State Update podcast, Jackie and Dunlap yell about : People Turning Against AI, Trump Data Centers & AI · GOP internal polls: data centers as unpopular as nuclear waste · They're stickin' em in rural towns and black neighborhoods because they thought they could do whatever they want there · AI billionaires look crazy · AI is "for old people" - young people don't like it Flock license-plate-reading cameras being used by police to track partners/exes · Musk visits Memphis, site of his AI Data Center Destruction, and laughs like a villain about ruining water America Turns on Trump  · Trump at 66% disapproval rate · BBC, ABC, Kennedy Center lawsuits: the US taxpayers are paying for this mess ·  Treasury Department turnover: people (TRUMP APPOINTEES) jumping ship before they get forced into doin illegal stuff · Trump loves Kim Jong Un so much Immigration & ICE · ICE targeting legal immigrants and green card holders, people showing up to immigration appointments, getting off planes · Trump voter whose wife was taken by ICE at airport: "I didn't know they'd come after me" President Pete Hegseth and Mrs. President Pete Hegseth Is Hegseth running for president? How do you win after losing a war? Why is his wife so involved in his job? Attending top-secret meetings, getting on the leaky Signal chats… she was his producer at Fox News so he probably don't know how to do nothing without her. So whose idea is it to fire all the black folks and women from the military? The anti-trans slurs? The testosterone? Also, what does Hegseth's woman-hating preacher think? Natalie Harp Jon Ossoff gave Natalie Harp the spotlight this week. Before this I just knew her as the woman who prints out racist memes for Trump to Truth in the middle of the night. Did not know that she: Wrote fan letters to George W. Bush (I mean, so did Jackie, but) Jumped in the SUV trunk to stay with Trump (SUVs don't have trunks but whatever, just pretend) "with all my heart, Natalie"—nobody ever signed a letter to Trump that way, not his wives, not his children Plus: · Desantis bud and Florida official Mike Caruso arrested for gross child abuse · Todd Blanche confirmed as AG /top pxxophile protector · Texas Gov. Abbott leaning into Islamophobiamania 2026 · but Andy Ogles lost Tennessee race despite anti-Muslim campaign · and in Michigan, Abdul El-Sayed leading Republican opponent by 9 points · McCarthy worried about midterms, says GOP "doesn't have a message" · Ballroom – will the Supreme Court let Trump keep buildin'? · USS Abraham Lincoln conditions are horrifyin and typical for this administration · Inflation, healthcare, Dracula Dead and Loving It Get 20 Extra Minutes with Jackie and Dunlap at http://www.patreon.com/redstateupdate Art by Yoni Limor Photos by Robyn von Swank Music by William Sherry Jr. https://linktr.ee/redstateupdate Follow us on Instagram, TikTok, Facebook, YouTube, BlueSky For 20 years, Jackie Broyles and Dunlap have been yelling about politics from a bunker underneath Jackie's Market (now closed) in Murfreesboro, Tennessee. They are former conservatives who couldn't understand why the South would vote for Donald Trump, a loudmouth yankee and the living opposite of Andy Griffith. Now they are leftie liberal TDS-infected snowflakes and madder than ever.  Thank you kindly for looking at us on the computer.

Stocks fell as Treasury yields reversed course from the decline seen in the prior trading day following the Treasury Department's debt buyback announcement, Treasury Department said it will at least double repurchases of up to 30 year debt in the next few months, Saturday September 12th at 10am is the Taxes in Retirement seminar with EP Wealth Advisors and CFP's Ryan Ignacio and Julie Chan-O'Rourke at the Don Tatzin Community Hall at the Lafayette Library

US government debt has topped $40 trillion for the first time, raising fresh questions about America's finances and the cost of borrowing. We also look at a new trade deal between Switzerland and China. And the workplace behaviours most likely to land employees in trouble with their bosses. (Photo:A screen displays the total U.S. National Debt, which surpassed $40 trillion for the first time according to the Treasury Department, in New York City, U.S., August 19, 2026. Credit: REUTERS/Brendan McDermid)

Stocks fell as Treasury yields reversed course from the decline seen in the prior trading day following the Treasury Department's debt buyback announcement, Treasury Department said it will at least double repurchases of up to 30 year debt in the next few months, Saturday September 12th at 10am is the Taxes in Retirement seminar with EP Wealth Advisors and CFP's Ryan Ignacio and Julie Chan-O'Rourke at the Don Tatzin Community Hall at the Lafayette LibrarySee omnystudio.com/listener for privacy information.

The U.S. national debt has crossed $40 trillion, and Treasury Secretary Scott Bessent says the country will need stronger economic growth to overcome the challenge. Bessent pushed back on parts of the debt figure and defended the administration's economic approach. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Philp checks out the political fallout from South Carolina Sen. Darline Graham's admission during a debate that she was "not that informed on national security" when asked about Taiwan and the South China Sea. The piece argues that while honesty is often praised in politics, publicly acknowledging a lack of knowledge on a major issue can carry significant risks, especially for candidates already facing questions about their qualifications. According to Treasury Department data, total federal debt surpassed $40 trillion in August 2026. The debt has more than doubled from roughly $20 trillion in early 2017, and the pace of growth has accelerated during the 2020s. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump announced plans to subject Iran to an “economic D-Day,” underscoring his rising frustration with Tehran’s refusal to capitulate despite military strikes and an American blockade targeting its oil exports. Trump didn’t specify what measures he would take, but his threat to target Iran’s trading partners, none of which he cited by name, put an immediate focus on China, which buys the bulk of Iran’s oil. Trump demanded that all countries cease providing Iran access to exchange houses, cash transfers, swap lines, ship registries, front companies and avenues to smuggle out its oil. He also sought to rally other nations that have so far declined to support his war on the Islamic Republic, saying the US needs all its allies to help “isolate, and defeat, the Iran threat.” 2) A tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25% and cut duties on Canadian auto exports to 15%, according to people familiar with the matter. The details have yet to be finalized and are not expected to apply across the board. For steel and aluminum, different rates could apply to some derivative products that include those metals, said some of the people, who requested anonymity to discuss terms of the agreement before it is announced. Tariffs on the non-US content in autos exported from Canada would be reduced to 15% from 25%, according to people familiar with the negotiations. Talks between US and Canadian trade advisers continued Wednesday, less than 24 hours after President Trump paused planned 50% levies on billions of dollars of Canadian goods to allow more time to negotiate. 3) Treasury Secretary Scott Bessent made a fresh attempt to rein-in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Just two weeks after releasing its planned schedule for buybacks this quarter, the Treasury Department on Wednesday said it’s “increasing, by at least double, the size of liquidity support buyback operations” for securities dated from the 10-year to the 30-year sector. The bold intervention to stem a potentially damaging rise in US borrowing costs has some investors saying the dollar will ultimately pay the price. Some market participants see the move as a turning point, with Washington taking a more active role in keeping its borrowing costs down. Coming after other recent efforts to rein in long-term yields, it’s reviving a concern that US policy could weaken faith in the dollar and push investors toward alternatives.See omnystudio.com/listener for privacy information.

The Treasury Department announced this morning that it'll double the amount it spends on its buyback operations for longer-term government bonds. It had planned to spend about $2 billion buying back government debt. Now, it will spend $4 billion. This comes after investor concerns over federal debt, global instability, and inflation drove the 30-year bond yield up to a nearly 20-year high. We explain. Then: why Mexico's government is launching a line of mini EVs.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories covered in this episode:Mexico launches its own electric car to show it can do more than build for other countries

The Treasury Department announced this morning that it'll double the amount it spends on its buyback operations for longer-term government bonds. It had planned to spend about $2 billion buying back government debt. Now, it will spend $4 billion. This comes after investor concerns over federal debt, global instability, and inflation drove the 30-year bond yield up to a nearly 20-year high. We explain. Then: why Mexico's government is launching a line of mini EVs.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories covered in this episode:Mexico launches its own electric car to show it can do more than build for other countries

The Nasdaq, S&P 500, and Dow all rose roughly a fifth of a percent. Plus: Moderna stock skyrocketed nearly 177% after an experimental vaccine's success in a study. Pierre Bienaimé hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As shares of Moderna and Merck surge on new vaccine trial data, we speak to a top analyst about why he thinks the move higher is very difficult to rationalize. Then, Former CEA Chair Jason Furman discusses the Treasury Department's new debt buyback operations. Plus, we bring you the details of Chinese robotics company Unitree soaring in its public debut in Shanghai. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

One day after the 30-year yield hit fresh 2007 highs — and stocks extended their daily losing streak to three — Carl Quintanilla, Jim Cramer and David Faber led off the show with yields falling after the Treasury Department announced it would at least double the size of its government debt repurchases. The anchors delved into all things AI — from OpenAI reportedly lagging behind Anthropic on revenue growth, to midterm elections being impacted by the backlash against data centers. Moderna shares doubled and Merck shares rose sharply on late-stage trial results involving the companies' melanoma vaccine. Also in focus: Why Marvell shares surged; Toll Brothers beats; Reaction to retail earnings from the likes of Target, Lowe's and TJX.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

America's national debt is closing in on $40 trillion, but Jerry Robinson says the debt total itself may not be the biggest warning.The real story is the rising cost of financing it.Recent Treasury auctions have produced the highest 10-year and 30-year auction yields in decades as investors demand greater compensation to lend Washington money. Meanwhile, the Treasury Department is doubling certain long-term debt buybacks, a move Jerry explains is debt reshuffling, not debt reduction.In this episode, Jerry examines what persistent long-term rates could mean for mortgages, businesses, stocks, government finances, and American households.Then, in our Market Insights segment, Jerry examines an S&P 500 sitting near record highs with record corporate profit margins, but increasingly stretched market breadth. He also discusses the weakening U.S. dollar, improving gold prices, record-high copper, oil and the depleted Strategic Petroleum Reserve, plus his outlook for Bitcoin and Ethereum heading toward October.Visit FollowtheMoney.com for Jerry Robinson's latest market insights, investing tools, trading education, and membership resources.Disclaimer: This podcast is for educational purposes only and should not be considered personalized financial advice. Investing and trading involve risk, including possible loss of principal. Always do your own research and consult a qualified financial professional before making financial decisions.

The AP's Alex Veiga reports US stocks halt their slide after the Treasury Department moves to ease pressure from the bond market.

Mary and Andrew begin this week by addressing Todd Blanche's “Meet the Press” interview with Kristen Welker, where, among other things, the newly appointed Attorney General proclaimed that “no attorney general should ever pledge” to act independently of the White House, despite decades of post-Watergate reforms. Keeping in the Blanche vicinity, the co-hosts detail a complaint filed by former Michigan AUSA Sunita Doddamani, who alleged she was fired without cause simply for doing her job prosecuting FACE Act violations. Then, a dive into revelations of undercover agents targeting Minnesota nonprofit organizations as part of an investigation that led to indictments of protestors that, in Mary's view, included “a whole lot of First Amendment protected activity.” Plus, Trump changes a Treasury Department rule making it harder to find fraud and illegal activity and asks the Supreme Court to let him keep building the ballroom while they appeal a lower court block. Last up, an unsatisfying end to litigation against the administration over their use of the Alien Enemies Act after the 5th Circuit en banc panel dismissed the case. Further Reading:  Here is the filing in the case Sunita Doddamani brought to challenge her firing. Doddamani v Blanche Here is the Main Justice episode that Sunita Doddamani appeared on earlier this year. Friends and Foes: The Fate of Prosecutors and Proud Boys Here is the chart Mary and Andrew referenced around the Minnesota grand jury “Association” conspiracy: HOMELAND SECURITY INVESTIGATIONS The Conspiracy A Note to Listeners: As the 2026 midterm elections heat up, MS NOW is headed to the Lone Star State. Join more than a dozen of your favorite hosts - including Rachel Maddow, Lawrence O'Donnell, Jen Psaki, Michael Steele, Ali Velshi and more - in Arlington, Texas on September 26 for a day of community and conversation about the issues that matter most to you. Get your tickets at ms.now/together. Sign up for MS NOW Premium on Apple Podcasts to listen to this show and other MS podcasts without ads. You'll also get exclusive bonus content from this and other shows. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

August 15, 2026Todd Blanche took the oath of office as attorney general on August 10, He immediately issued a  memo dramatically expanding executive privilege, This expansion will hinder efforts to investigate Trump's corruption, Independent journalist Katie Phang has filed a suit to force the Department of Justice to produce unredacted documents from the Epstein Files, The Department of Justice has not turned over those documents, The judge has warned the Department of Justice that he has held prosecutors in contempt of court in the past, The Financial Crimes Enforcement Network ended the registry that makes shell companies identify their owners, The Treasury Department will not collect information required by the Corporate Transparency Act that is intended to undercut shell companies that enable money laundering, In doing so, the Trump administration may be openly refusing to implement a law. Watch today's recording here: https://www.youtube.com/live/g9TUa1Rwd6U?si=T8_KKcHQZElhpnZ-Get full, free access to Letters from an American here: https://heathercoxrichardson.substack.com/subscribeYou can also find me: Bluesky: https://bsky.app/profile/hcrichardson.bsky.socialInstagram: https://www.instagram.com/heathercoxrichardson/?hl=enFacebook: https://www.facebook.com/heathercoxrichardson/YouTube: https://www.youtube.com/@heathercoxrichardson Get full access to Letters from an American at heathercoxrichardson.substack.com/subscribe

This week: The Treasury Department announced it's killing an anti-corruption measure that requires shell companies to identify their beneficiaries. Felix Salmon, Elizabeth Spiers, and Emily Peck explain how a key aspect of the bipartisan Corporate Transparency Act ended up on the chopping block—and what lobbyists and the Trump administration stand to gain from its elimination. Then, the hosts discuss the billionaires who are buying themselves fun little treats like the L.A. Lakers and Broadway theaters. And later: how Italian bank vaults full of Parmigiano-Reggiano cheese are dealing with the extreme heat.In the Slate Plus episode: What's $6 Million Between Friends?Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli. Hosted on Acast. See acast.com/privacy for more information.

This week: The Treasury Department announced it's killing an anti-corruption measure that requires shell companies to identify their beneficiaries. Felix Salmon, Elizabeth Spiers, and Emily Peck explain how a key aspect of the bipartisan Corporate Transparency Act ended up on the chopping block—and what lobbyists and the Trump administration stand to gain from its elimination. Then, the hosts discuss the billionaires who are buying themselves fun little treats like the L.A. Lakers and Broadway theaters. And later: how Italian bank vaults full of Parmigiano-Reggiano cheese are dealing with the extreme heat.In the Slate Plus episode: What's $6 Million Between Friends?Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli. Hosted on Acast. See acast.com/privacy for more information.

This week: The Treasury Department announced it's killing an anti-corruption measure that requires shell companies to identify their beneficiaries. Felix Salmon, Elizabeth Spiers, and Emily Peck explain how a key aspect of the bipartisan Corporate Transparency Act ended up on the chopping block—and what lobbyists and the Trump administration stand to gain from its elimination. Then, the hosts discuss the billionaires who are buying themselves fun little treats like the L.A. Lakers and Broadway theaters. And later: how Italian bank vaults full of Parmigiano-Reggiano cheese are dealing with the extreme heat.In the Slate Plus episode: What's $6 Million Between Friends?Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli. Hosted on Acast. See acast.com/privacy for more information.

Donald Trump is trying to get around restrictions on the construction of his White House ballroom by arguing that the facility is a military necessity. But as Jen Psaki points out, it's hard to argue the national security purpose of covering everything in gold. Jen Psaki looks at how Donald Trump's incompetence and mismanagement of his war on Iran has not only wasted physical military resources but has been injurious to service members as well, to the point where family members are having to speak out publicly even as Trump and his sycophants continue to deny there's a problem. Ben Rhodes, former deputy national security advisor, joins to discuss Trump's disastrous handling of his war against Iran. Life in the Trump era keeps getting easier for criminal fraudsters. Former Rep. Tom Malinowski talks with Jen Psaki about how Donald Trump is steadily dismantling the tools for catching and prosecuting criminals, and why the news that Trump's Treasury Department will stop enforcing the Corporate Transparency Act is good news for money launderers and drug dealers.  To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Treasury Department is changing the rules on which businesses have to report their ownership to the government. The Biden-era requirements were intended to prevent money laundering, but critics say they were too onerous. Will the changes make it easier for dirty money to get into the U.S.? Then: Even though the Trump administration says we're in control of the Straight of Hormuz, barely any ships are getting through. But unlike at the start of the war, oil markets don't seem spooked. We explain. Stories featured in today's episode:Treasury changes rules for business reporting ownershipEvery story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.