Podcasts about us treasury

This is Part 6 of Cold as ICE. This is a sample of a premium episode. Sign up to listen to the entire episode. patreon.com/wetwired We go over the ballooning Homeland Security budget and ICE's unprecedented expansion. None of this looks good for anyone in the US but as always with things like this the most vulnerable people are hit first and the hardest. Unsurprisingly and despite their positive comments, the real winners won't be Trump's supporters. It's the private contractors who are coming out on top. Companies like GEO Group and Core Civic are vacuuming up money as fast as the US Treasury can print it. All the while, DHS has been running a Blood and Soil ad campaign on social media.

In this special episode of TRM Talks, Ari sits down with Tyler Williams, Counselor to the Secretary of the US Treasury for digital assets and one of the lead architects of last week's landmark White House report on digital assets.Ari and Tyler, from inside the historic Cash Room at Treasury, unpack the 163-page report which outlines a forward-looking framework for market structure, stablecoin oversight, illicit finance mitigation, tax modernization, and responsible innovation.Tyler offers a rare behind-the-scenes look at how Treasury coordinated with the White House, other financial regulators, law enforcement and national security agencies to deliver a unified approach. He breaks down:How the report builds on the GENIUS ActAdvances global AML standardsReimagines compliance through holding mechanisms, ecosystem monitoring, and privacy-preserving technologies.The episode dives deep into the policy architecture laid out in the report — from piloting new public-private partnerships, to the importance of blockchain intelligence, and pushing Congress toward regulatory clarity. A must-listen for policymakers, compliance teams, crypto builders, and anyone tracking this inflection point in US digital asset policy.

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news in search of short-term riches, the Cook Islands is establishing itself as a haven base for deep sea mining, it be used by both great powers.But first, American mortgage applications rose last week with a modest +3.1% gain from the prior week attributed to a small fall in benchmark mortgage interest rates. It was the stronger +5% refinance activity that drove the modest gain rather than new home purchases.Those benchmark rates may keep falling. There was slightly softer demand for the latest overnight US Treasury 10yr Note auction, but the resulting median yield came in at 4.20%, down from 4.31% at the prior equivalent event a month ago. However the yield is up on more recent levels.Separately, the NY Fed monitoring of global supply chain pressure eased again in July.In Canada, they are seeing residential real estate markets operating like we see here. For example Toronto sales transactions are rising (+13% in July from a year ago), but prices falling (-5.4% on the same basis).The Reserve Bank of India kept its key policy rate at 5.50% during its August meeting, now holding a neutral stance, following a larger-than-expected -50 bps decrease in June. There were no surprises here and the rate remains at its lowest level since August 2022. Easing inflation and the recent US tariff challenges were key considerations.Meanwhile, the US has doubled its tariffs on India to 50% as 'punishment' for buying Russian oil. Interestingly it has boosted Modi's standing at home in India and brought bi-partisan support for him in resisting the US.In China, they have brought in a ¥3,600 yuan (NZ$845) per year child care subsidy for under threes, designed to boost household consumption and ease pressure on family budgets. Encouraging childbirth is probably the core motivation for this subsidy. It is just another is a broadening range of consumer subsidies China is rolling out to support its economy and build domestic demand.EU retail sales volumes impressed in an overnight data release for June. They were up +3.1% on a volume basis, the best increase since September 2024. German gains were particularly strong, up +4.8% on the same volume basis.But new German factory orders again disappointed in June, down -1.0% in volume terms. Although this was twisted by some lumpy 'large' orders. Excluding those, the change is a gain of +0.5% in volume terms. (Large-scale items include aircraft, ships, trains, military vehicles).Australia said living costs rose for all type of households in June. Over the past year, all LCIs rose between +1.7% and +3.1%, slowing from annual rises of between +2.4% and +3.5% to the March 2025 quarter. In the South Pacific, the Cook Islands is becoming a renegade state. Its deal with China allows the Chinese to use it as a base for deep sea mining. Now the US is keen to use it in the same way. These great powers see “one of the most promising regions for deep-sea mineral deposits.” These nations are keen to plunder as far away from themselves as possible.The UST 10yr yield is now at 4.22%, up +2 bps from yesterday. The price of gold will start today at US$3,374/oz, down -US$5 from yesterday.American oil prices have slipped back again, down another -50 USc to just under US$65/bbl with the international Brent price holding at just over US$67.50/bbl.The Kiwi dollar is at 59.4 USc and up +40 bps from yesterday. Against the Aussie we are unchanged at 91.3 AUc. Against the euro we are also unchanged at 51 euro cents. That all means our TWI-5 starts today at just on 67.1, up +20 bps.The bitcoin price started today at US$115,465 and up +1.6% from this time yesterday. Volatility over the past 24 hours has been low at just under +/-0.9%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Custodia Bank CEO and crytpo-advocate Caitlin Long comes back to the podcast to challenge me on a number of subjects concerning the Federal Reserve What role did OMC Chair Jerome Powell play in assisting or hindering the Biden Junta's persecution of conservatives, it's debanking operations, and how it mismanaged the post-COVID world.  We also discuss how that interfaces with the new stablecoin regime being put in place legally by President Trump and what it really means for the US Treasury market and the US dollar.Show Notes:Custodia BankCaitlin on XTom on XGGNG on Patreon

This week Joann Spadigam, Kevin Cummins and Ian Vanderhorn focus on the Federal Reserve's decision to hold rates in the US. They analyse the stance on interest rates, inflation and labour market conditions, as well as the US Treasury's borrowing plans. Lastly they discuss European bond curves and share their views on whether the Bank of England will cut rates next week. Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.This episode was recorded on 31 July 2025For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.htmlPlease view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html

Donald Trump has stepped up his diplomatic assault on the government of Brazil's left- wing president, Luis Inacio Lula da Silva. He's signed an executive order which brings total tariffs on Brazilian goods to fifty percent. At the same time, the US Treasury has imposed financial sanctions on the senior Brazilian judge overseeing the criminal case for coup plotting against Brazil's former leader, Jair Bolsonaro. We speak to Brazilian ambassador to London, Antonio Patriota.Also, we speak to Yehuda Cohen - the father of an Israeli soldier taken hostage on October 7th -- who tells us he thinks the recognition of a Palestinian state will help pressure his government to get his son home. And the actor Stephen Fry on playing a formidable aristocratic woman in Oscar Wilde's most famous play, the Importance of Being Earnest.(Photo: President Trump and Brazilian then-President Bolsonaro at Mar-a-Lago in 2020. Credit: Getty Images)

TT: New News In this episode, the teenagers (Deven and Ethan) Talk about now things that were happening in the world. Such as Adobe now being able to spy on what you do. The US Treasury's Venmo and PayPal accounts. And much more. Warning: Some of the topics talked about in this episode may be sensitive to some listeners.  Sponsors: American Gold Exchange Our dealer for precious metals & the exclusive dealer of Real Power Family silver rounds (which we finally got in!!!). Get your first, or next bullion order from American Gold Exchange like we do. Tell them the Real Power Family sent you! Click on this link to get a FREE Starters Guide. Advanta IRA Our family has our IRA's & HSA at Advanta IRA. Set up a truly Self-Directed Roth or Traditional IRA, HSA, 401k or other accounts with Advanta IRA & you can invest in hard assets like we do. We own Real Estate, Gold, Silver, Bitcoin, Notes & even private placements in our retirement accounts. With Advanta IRA you can too! They will waive the application fee on new accounts when you mention the Real Power Family. Abolish Property Taxes in Ohio: https://reformpropertytax.com/ Our Links: www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)

Jahangir Aziz and Katie Marney discuss sluggish EM capital flows against a backdrop of trade uncertainty, risks to global growth, elevated treasury yields, and a weaker dollar. EM capital flows have been languishing and shifting in composition since about 2015. Hopes that a weaker US dollar would break EM capital flows out its malaise have not been fulfilled. We explore our finding that dollar's influence as a push factor for EM investment flows has been waning, while US Treasury yields matter more. EM also needs to offer a sufficient growth pick-up to pull in flows. We also discuss China's role as an attractor or substitute for broader EM capital flows. Greater macro stability for many EMs have also necessitated lower capital flows and enabled EM to face three big economic and funding shocks over the last 5 years. Speakers: Katherine Marney, Emerging Markets Economic and Policy Research Jahangir Aziz, Emerging Markets Economic and Policy Research   This podcast was recorded on July 29, 2025. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5040188-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.  

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the IMF says global growth is projected at 3.0% for 2025 and 3.1% in 2026, an upward revision from the April 2025 World Economic Outlook. This reflects front-loading ahead of tariffs, lower effective tariff rates, better financial conditions, and fiscal expansion in some major jurisdictions.But first, the overnight GDT Pulse dairy prices came in without the signaled drop in WMP prices by the derivatives market. In fact it rose +1% from the prior event. The SMP price however fell -1%. So in fact little net movement.And the Stockholm US-China tariff negotiations are to be extended, essentially ignoring the US imposed August 1 deadline. And the US-EU 'deal' wasn't 'done' as the Whitehouse claimed. More 'horse-trading' is being scheduled.The growth steam is slowly leaking from the Redbook retail index, up +4.9% last week from this time last year. Most of this will be goods inflation.US exports rose +3.4% in June from a year ago whereas US imports were up +0.3% on the same basis. That reduced their merchandise trade deficit to -US$87 bln and back to about where it was at the start of 2024. Without the +11% rise in aircraft exports there would have been little improvement.The number of job openings in the US fell by -275,000 from May to 7.4 mln in June, below market expectations of 7.55 mln. Their quit rate fell to a six month low. Expectations for the July non-farm payrolls are pretty modest at +110,000, taking them back to early 2025 levels.The latest Conference Board survey of consumer sentiment, for July, was little changed. But almost 19% of those surveyed indicated that jobs were hard to get in July, up from 14.5% in January. This group thought inflation was running at 5.8% currently, and is likely to go higher.There was a very well supported US Treasury bond auction overnight, for their seven year Note. But investors still wanted higher yields with the median coming in at 4.06%, up from 3.96% at the prior equivalent event a month ago.But expect rising pressure from the demand side. The US Treasury said during the July - September 2025 quarter, they expect to borrow US$1.007 tln in privately-held net marketable debt, assuming an end-of-September cash balance of US$850 bln - which may be optimistic. This new borrowing estimate is +US$453 bln higher than they announced in April so it is rising faster than even they expected, primarily due to the lower beginning-of-quarter cash balance and projected lower net cash flows.In Europe, the latest ECB survey of inflation expectations has them well contained, coming in at 2.6% for the year ahead, the lowest in four months. Policymakers there are not battling high inflation expectations.Later today, Australia will release its Q2 CPI inflation rate, expected to be 2.2% and down from the 2.4% in Q1-2025.The UST 10yr yield is now at 4.33%, down -9 bps from yesterday.The price of gold will start today at US$3,327/oz, up +US$18 from yesterday.American oil prices have risen +US$2.50 at just under US$69/bbl with the international Brent price is now at just over US$72/bbl.The Kiwi dollar is now at 59.6 USc and down -10 bps from yesterday. Against the Aussie we are down -20 bps at 91.4 AUc. Against the euro we are up +10 bps at 51.6 euro cents. That all means our TWI-5 starts today at just on 67.5, down another -10 bps from yesterday.The bitcoin price starts today at US$117,725 and essentially unchanged (+US$61) from this time yesterday. Volatility over the past 24 hours has remained low at just on +/-0.8%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Hello, and welcome to episode 174 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. In this episode, we look at US Treasury sanctions against a Houthi petroleum smuggling network and a clandestine North Korean IT worker network funding missile programmes. The UK's OFSI warned of rising sanctions evasion in the crypto sector, noting under-reporting and exposure to designated Russian, North Korean, and Iranian entities, while HM Treasury consults on streamlining civil sanctions enforcement. On money laundering, the EU's Cash Controls Regulation (EU) 2018/1672 was assessed as an efficient instrument against cross-border financial crime despite some challenges, and the Wolfsberg Group reaffirmed its commitment to a risk-based approach, emphasising proportionality and effectiveness. In bribery and corruption, a new UK-India trade deal includes comprehensive measures to combat bribery and promote transparency. For fraud, the SFO Director signalled a new era of aggressive corporate enforcement, leveraging new powers and technology for faster casework. Finally, the UK Government announced key research priorities to strengthen the fight against economic crime, and a major cybercrime forum administrator was arrested in Ukraine.A transcript of this podcast, with links to the stories, will be available by Monday at www.crimes.financial.

Crypto's privacy war isn't simmering anymore. It's blowing wide open. What began as a digital experiment has morphed into something closer to a modern-day Reformation. An uprising against centralized power, driven not by scripture, but by code. From Brussels to Washington, authorities are drafting their own theses. More KYC. Fewer privacy tools. A coordinated effort to strip anonymity from the system. But the crypto world isn't kneeling. For many, financial freedom means self-custody, not compliance. It means privacy by design, not by permission. As someone who has long followed this space and considers XRP one of the most fascinating and resilient projects in the ecosystem, I have watched these battles unfold with growing concern. This isn't just about coins or code. It is about whether digital privacy survives the crusade against it or gets excommunicated entirely. Why Crypto Was Always About Privacy When Bitcoin launched in 2009, it wasn't just about making money. It was a protest. A way to flip the script on centralized banks, bloated institutions, and the people who controlled your financial life. Crypto's early adopters were rebels. The ideas behind it? Pseudonymity, freedom from censorship, and control over your own funds. Privacy coins like Monero and Zcash weren't shady outliers. They were the purest version of the original dream. Self-custody wallets let people hold their own keys. No middlemen. No questions asked. It made sense for a movement born from libertarian roots, where freedom from surveillance was sacred. But that dream is now under threat. The threat is not from hackers, but from the very systems crypto tried to escape. Why Crypto Scares Governments Governments never like a system they can't watch or tax. That's where the friction started. The European Union rolled out its Markets in Crypto-Assets (MiCA) regulation, aiming for comprehensive oversight. The United Kingdom pushed its financial promotions regime, tightening the reins on crypto marketing. And the US Treasury? It's making aggressive moves to bring Know Your Customer (KYC) requirements to the forefront of Decentralized Finance (DeFi) platforms. Their stated reasons sound reasonable: they want to stop money laundering, terrorism financing, and tax evasion. A critical distinction exists between fighting genuine crime and effectively criminalizing financial privacy for all. However, that line is indeed getting increasingly blurry. Crackdown measures against privacy coins are ramping up with alarming speed. Monero and Zcash, once mainstays, have been delisted from major exchanges as compliance pressures mount. Developers of privacy-focused wallets now face legal threats and increasing scrutiny. Even established tools like Wasabi Wallet are blocking users in certain regions, demonstrating the immediate impact of these regulatory shifts. Crypto's privacy tools are no longer merely innovative instruments; they have become targets in a broader regulatory crackdown, pushing the boundaries of individual financial freedom. The ongoing pressure is forcing the crypto ecosystem to adapt, often by compromising on the very privacy features that were once central to its appeal. KYC vs. DeFi: The Fight Over Self-Custody KYC means Know Your Customer. It's how banks check who you are, verifying identities to prevent illicit activities. However, in the decentralized finance (DeFi) landscape, where no single entity controls the platform, the question of who performs this checking remains unanswered, much to the discomfort of regulators. Decentralized platforms like Uniswap lack a central off switch or a single point of control, making traditional enforcement mechanisms ineffective. Tornado Cash, for instance, did not simply vanish after sanctions were imposed; its code remained open-source and operational, a testament to the resilient nature of decentralization. This inherent characteristic makes enforcing KYC in DeFi incredibly challenging. It is also precisely wh...

As the “gifts to reduce the public debt” website causes a stir in the US with a new payment method, Monocle’s in-house team joins to discuss splitting the bill. See omnystudio.com/listener for privacy information.

They take Venmo nowSee omnystudio.com/listener for privacy information.

A review of the week's major US international tax-related news. In this edition:  US House Republicans working on second budget reconciliation bill – US Treasury official comments on G7 statement on global minimum taxes – G20 communique addresses BEPS – US reaches trade agreement with Japan. 

Brad Setser is the Whitney Shepardson senior fellow at the Council on Foreign Relations. His expertise includes global trade and capital flows, financial vulnerability analysis, and sovereign debt restructuring. He regularly blogs at Follow the Money. Brad served as a senior advisor to the United States Trade Representative from 2021 to 2022, where he worked on the resolution of several trade disputes. He had previously served as the deputy assistant secretary for international economic analysis in the US Treasury from 2011 to 2015 and as a director for international economics on the staff of the National Economic Council and the National Security Council. This podcast covers US tariffs and their implementation, economic impact: recession or not, disrupting global system or not, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

Danny Moses is joined by Michael A. Gayed, founder of the Lead Lag Report, to discuss his new venture, the Free Markets ETF, which focuses on stocks benefiting from deregulation. The conversation covers a range of topics including the Japanese yield curve, the US debt and the Federal Reserve, and the potential impacts of deregulation on various sectors. Michael also discusses his personal journey, including his father's influence and his recent health regimen involving fasting. The episode delves into the role of banks in supporting the US Treasury, the nuances of private credit, and the future outlook for crypto and gold. Michael shares insights on the potential for increased market volatility due to deregulation and the challenges of managing funds in an unpredictable economic environment. --ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Economists and policy advisers have said that it is a strategic necessity for China to further scale back holdings in United States government debt in order to safeguard national financial stability, amid waning confidence in the dollar-based system and persistent geopolitical tensions.经济学家和政策顾问表示，在对以美元为基础的体系的信心减弱和持续的地缘政治紧张局势下，中国进一步缩减对美国政府债务的持有是一种战略必要性，以维护国家金融稳定。To pursue a more balanced, controllable allocation of foreign exchange reserves, the country is also likely to increase investments in non-dollar assets, including financial instruments of its Asian trading partners and crucial resources such as gold, energy and food, they added.他们补充说，为了实现更平衡、更可控的外汇储备分配，中国还可能增加对非美元资产的投资，包括其亚洲贸易伙伴的金融工具以及黄金、能源和粮食等关键资源。Yu Yongding, an academic member of the Chinese Academy of Social Sciences, called for China to continue reducing US government debt holdings in an orderly manner.中国社会科学院院士余永定呼吁中国继续有序减持美国国债。"The ideal approach would be to increase imports and utilize the excess foreign exchange reserves to purchase high-tech capital goods and strategic materials. This could require China to narrow its trade surplus, move toward a basic balance in the trade of goods and services, or even run a trade deficit for a while."“理想的做法是增加进口，利用多余的外汇储备购买高科技资本货物和战略物资。这可能需要中国缩小贸易顺差，实现商品和服务贸易的基本平衡，甚至在一段时间内出现贸易逆差。”"Extraordinary times call for extraordinary measures. We must closely monitor the US fiscal situation and prepare contingency plans to avoid being caught off guard," Yu said.余表示：“非常时期需要非常措施。我们必须密切关注美国财政状况，制定应急计划，避免措手不及。”。After stepping back from being the second-largest holder of US debt to third place in March, China further reduced its holdings of US Treasury securities in May by $900 million, to $756.3 billion, the lowest since February 2009, when the reading was $744.2 billion, according to the US Department of the Treasury.根据美国财政部的数据，中国在3月份从美国债务的第二大持有者退居第三位后，5月份进一步减少了9亿美元的美国国债持有量，至7563亿美元，为2009年2月以来的最低水平，当时该数字为7442亿美元。The reduction bucked the overall rebound of foreign holdings in US debt after a drop in April. Foreign holdings of US Treasury securities increased from April's $9.013 trillion to $9.046 trillion in May, with major US debt holders such as Japan, the United Kingdom and Canada increasing their holdings.这一减少抵消了外国持有的美国债务在4月份下降后的整体反弹。外国持有的美债从4月份的9.013万亿美元增加到5月份的9.046万亿美元，日本、英国和加拿大等主要美国债务持有者增加了持有量。Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, said that China's holding cut in May—the third consecutive month of decrease despite other major holders' increased exposure—stems from a continued effort to optimize the structure of foreign exchange reserves.北京社会科学院副研究员王鹏表示，尽管其他主要持有者的敞口增加，但中国5月份的减持是连续第三个月下降，这源于持续优化外汇储备结构的努力。The aim is to reduce the risks of overreliance on US government debt and limit potential economic losses from geopolitical tensions, including the risk of asset freezes in the event of US sanctions, Wang said, adding that the move also reflects concerns about growing US fiscal deficits and uncertainty about the US economy.王表示，此举的目的是降低过度依赖美国政府债务的风险，并限制地缘政治紧张局势造成的潜在经济损失，包括在美国制裁的情况下冻结资产的风险。他补充说，此举也反映了人们对美国财政赤字不断增长和美国经济不确定性的担忧。Pan Gongsheng, governor of the People's Bank of China, the nation's central bank, has pointed to the risks associated with the US dollar's dominance as the global reserve currency, saying last month that US fiscal and financial regulatory problems could spill over, while the dollar could be weaponized in geopolitical conflicts.中国央行中国人民银行行长潘功胜指出了美元作为全球储备货币的主导地位所带来的风险，他上个月表示，美国的财政和金融监管问题可能会蔓延，而美元可能会在地缘政治冲突中被武器化。Guan Tao, global chief economist at investment bank BOCI China, said there is no immediate risk of a US sovereign debt crisis, as market demand for US Treasuries remains strong, and US Treasury yields could fall if the US Federal Reserve cuts rates later this year. Bond yields move in the opposite direction of prices.投资银行中银国际中国（BOCI China）全球首席经济学家关涛（Guan Tao）表示，目前没有美国主权债务危机的风险，因为市场对美国国债的需求仍然强劲，如果美联储今年晚些时候降息，美国国债收益率可能会下降。债券收益率与价格走势相反。But the deeper concern, Guan said, is US debt's long-term sustainability. If US government debt keeps expanding without a path to stabilization, it will eventually trigger problems.但关表示，更令人担忧的是美国债务的长期可持续性。如果美国政府债务继续扩大而没有稳定的道路，最终将引发问题。Credit ratings agency Moody's downgraded the US credit rating to Aa1 in May, citing runaway deficits, while the US administration's massive tax-and-spending bill, effective this month, could intensify such concerns, as it is forecast to increase US federal deficits by more than $3 trillion over the next decade.信用评级机构穆迪在5月份将美国信用评级下调至Aa1，理由是赤字失控，而美国政府本月生效的巨额税收和支出法案可能会加剧这种担忧，因为预计未来十年美国联邦赤字将增加3万亿美元以上。Chen Weidong, director of the Research Institute of Bank of China, said, "As the third-largest holder of US Treasuries, China must build a multilayered, systematic strategy to guard against mounting risks tied to US sovereign debt and the dollar-based financial system.中国银行研究院院长陈卫东表示：“作为美国国债的第三大持有者，中国必须建立一个多层次、系统的战略，以防范与美国主权债务和以美元为基础的金融体系相关的日益增长的风险。"This is not only vital for China's financial security, but also has far-reaching implications for the evolution of the global financial order," Chen said, adding that China has cut its US Treasury holdings by over 40 percent since 2013.陈表示：“这不仅对中国的金融安全至关重要，而且对全球金融秩序的演变也有着深远的影响。”他补充说，自2013年以来，中国已将其持有的美国国债减少了40%以上。He said that key priorities for China going forward include gradually reducing US Treasury holdings, optimizing the dollar investment portfolio by allocating more to short-term securities, increasing non-dollar investments, and advancing renminbi internationalization.他说，中国未来的主要优先事项包括逐步减少美国国债持有量，通过将更多资金分配给短期证券来优化美元投资组合，增加非美元投资，以及推进人民币国际化。He also called for deepening financial cooperation within Asia—which together holds over 60 percent of global reserves in dollar-denominated assets—so that Asia can form an internal reserve circulation system and reduce its reliance on external markets.他还呼吁深化亚洲内部的金融合作，亚洲拥有全球60%以上的美元计价资产储备，这样亚洲就可以形成内部储备流通体系，减少对外部市场的依赖。China has been stepping up efforts to diversify its reserve assets. The country's official gold reserves rose for the eighth consecutive month to 73.9 million ounces at the end of June, the State Administration of Foreign Exchange said.中国一直在加紧努力，使其储备资产多样化。国家外汇管理局表示，截至6月底，该国官方黄金储备连续第八个月增长至7390万盎司。consecutiven.连续不断的/kənˈsɛkjʊtɪv/dollar-denominatedn.以美元标价的/ˈdɒlə dɪˈnɒmɪneɪtɪd/

Take the Survey: https://tiny.cc/cc860 BestPodcastintheMetaverse.com Canary Cry News Talk #860 - 07.21.2025 - Recorded Live to 1s and 0s Deconstructing World Events from a Biblical Worldview Declaring Jesus as Lord amidst the Fifth Generation War! CageRattlerCoffee.com SD/TC email Ike for discount https://CanaryCry.Support   Send address and shirt size updates to canarycrysupplydrop@gmail.com   Join the Canary Cry Roundtable This Episode was Produced By:   Executive Producers Greg G*** Sir Holmes Good and Faithful Knight of the Canarian*** Sir LX Protocol V2 Baron of the Berrean Protocol*** Sir Jamey Not the Lanister***   Producers of TREASURE (CanaryCry.Support) Cage Rattler Coffee, Sir Sentinel the Challenge Knight, Clayton C, Kim W, American Hobo, Caretaker Dan, Aaron B, Christopher M   Producers of TREASURE (CanaryCry.Support) Kalub   Producers of TIME Timestampers: Jade Bouncerson, Morgan E Clippy Team: Courtney S, JOLMS, Kristen Reminders: Clankoniphius Links: JAM   SHOW NOTES/TIMESTAMPS HELLO WORLD 0:25   SHILLZILLA/HUNTER 5:08 Chris has advice for Hunter Bidens defense of slavery (X)   TRUMP/EPSTEIN/MT 25:50 MTG warns Trump that ‘dangling bits of red meat no longer satisfies' (Politico)   OBAMA 34:12 CLIP: Tulsi Releases Russia Russia Russia (X) New Evidence of Obama Conspiracy to Subvert Trump's 2016 Victory and Presidency (DNI)   MONEY 49:28 → US Treasury's Bessent says Federal Reserve needs to be examined as an institution (Reuters) → Fed Chair Jerome Powell hit with criminal referral by House GOP Trump ally (FOX)   OIL/33 1:22:34 The largest Polish oil field has been discovered at the bottom of the Baltic Sea (Poland News)   AI 1:28:43 Ai Admits to wrongdoing Autistic man (WSJ) Americans Are Using AI To Diagnose Their Health Issues (Newsweek)   TRANSHUMAN/BIBLICAL 2:09:21 Christianity is being rewritten by men who think they'll never die (The Blaze)   EXECUTIVE PRODUCERS 3:03:13 TALENT/TIME END 3:46:38

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Trumps policies are working, local businesses are now admitting that they are feeling the benefits of the tariffs, they said before they were being robbed because of loop holes in previous deals. Powell being brought up on charges. Treasury Sec Bessent says the Fed should be reviewed, he doesn't know what they do. The [DS] is in panic mode. Trump is bringing the storm up on them and they are trying to spin the Russia hoax, it is failing. Trump is now going after the king on the chess board. The [DS] attacked him and repeated that nobody is above the law, it's like Trump lead them down the path to set the stage later on. All roads lead to Obama. Trump is bringing the pressure, the [DS] are about to make stupid moves, checkmate.   Economy   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/EricLDaugh/status/1947289932449394865  calls of people having an interest in doing business!" "And the process hasn't even changed. Food security is national security and we need to be able to produce our own food here in the United States."  https://twitter.com/ElectionWiz/status/1947333237891551411   US Treasury's Bessent says Federal Reserve needs to be examined as an institution U.S. Treasury Secretary Scott Bessent on Monday said the entire Federal Reserve needed to be examined as an institution and whether it had been successful. But he said the institution should be reviewed, citing what he called "fear-mongering over tariffs" despite the emergence thus far of little, if any, inflationary effect. "I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent said, adding that he would give a keynote speech at the U.S. central bank on Monday evening at the start of a regulatory conference. Source:  gazette.com  U.S. Treasury Secretary Scott Bessent's statement, calling for a comprehensive review of the Federal Reserve (    Specifically, Bessent suggested evaluating the Fed's entire institutional structure, operations, and track record to assess whether it has effectively met its core mandates—such as achieving maximum employment, stable prices (typically targeting 2% inflation), and moderate long-term interest rates. Such an examination could involve congressional oversight, audits, or policy changes, though Bessent did not specify details in the interview. https://twitter.com/KobeissiLetter/status/1947343993756344521 Political/Rights Writers Guild Calls on Letitia James to Investigate CBS Cancellation of Late Show With Stephen Colbert Over Alleged “Bribe” to “Curry Favor” With Trump The Writers Guild of America is urging Trump nemesis New York State Attorney General Letitia James to investigate CBS owner Paramount over the cancellation of the Late Show with Stephen Colbert. The Guild accuses Paramount of bribery by firing Colbert to “curry favor” with the Trump administration as it seeks approval for a merger with Skydance. Text of the Guild's statement: Source: thegatewaypundit.com Pete Buttigieg's DOT spent $80 billion on DEI grants,

The US Treasury is looking for answers as it eyes higher interest rates in an environment of uncertain demand for rising US debt. Confluence Associate Market Analyst and Certified Business Economist Thomas Wash joins Phil Adler to discuss why stablecoins, a cryptocurrency, may be a partial solution.

Avik Roy joins Bitcoin Magazine Political Correspondent Frank Corva for a discussion on the passage of the GENIUS Act, the future of Bitcoin in Washington as well as the macroeconomic picture when it comes to U.S. Treasury issuance, stablecoins, and why he believes bitcoin may become the focal asset in years to come.He breaks down the implications of various U.S. debt default scenarios, programmable currency surveillance, and the central tension between free markets and central planning in the digital age.Avik is the Founder & CEO of the Foundation for Research on Equal Opportunity (FREOPP) and is also the President & CEO of the National Institute for Health Care Management. He is also a Senior Advisor at the Bitcoin Policy Institute and an incoming Board Member at STRIVE Asset Management.

In this week's Live from the Vault, Andrew Maguire is joined by Alasdair Macleod to examine the West's deepening sovereign debt crisis and warn of a looming fiat endgame, as governments remain paralysed by mismanagement and rising tariffs.Exposing the trillion-dollar fragilities underpinning the US Treasury and derivatives markets, Macleod explains why interest rates must rise - and why gold is being quietly revalued by central banks as the final bastion of trust.Send your questions to Andy here: https://www.speakpipe.com/LFTVCheck out Alasdair at his Substack: https://alasdairmacleod.substack.com/_______________________________________________________________Timestamps: 00:00 Start01:05 Paper currency crisis looms as tax revenue collapses07:39 Global debt spiral accelerates as gold reclaims safe haven14:14 Credit bubble echoes 1929 as gold asserts real value22:00 Silver surges as gold nears a physical market breakout29:26 Gold delivery demands overwhelm bullion banks35:10 Paper gold crisis brews as Asia shifts to physical bullion43:07 Fiat currency devaluation accelerates globally49:20 How to protect your wealth long-term_______________________________________________________________Sign up for Kinesis on desktop:https://kinesis.money/kinesis-preciou...Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle:

Doug McHoney (PwC's International Tax Services Global Leader) is joined by Pat Brown, an international tax partner and Co-Leader of PwC's Washington National Tax Services practice and former Deputy Assistant Secretary for Tax Policy at the US Treasury. In part three of Doug's three-part OBBBA discussion with Pat, they discuss the newly enacted OB3 reconciliation law, focusing on its permanent corporate and individual tax provisions, the recalibration of bonus depreciation, Section 174 expensing and Section 163(j); the Senate's redesign of GILTI, FDII and BEAT; Inflation Reduction Act rollbacks; Treasury's last-minute removal of Section 899; and the G7's surprise accord intended to exempt US-parented groups from Pillar Two's IIR and UTPR while elevating QDMTTs and compliance simplification. They map the procedural and legislative steps still needed, potential timing gaps, and why multinational groups must keep Pillar Two compliance front-of-mind.  

This is the full show for July 14, 2025. We ask the American Mamas why people on the left think they always have the moral high ground. We Dig Deep into the ICE raid at marijuana farms in California last week where agents faced violent protestors. Plus, the US Treasury reported a surplus for June, and that's a Bright Spot. And we finish off with some words of wisdom about debt that will make you say, "Whoa!" 

Glen unpacks key provisions of the recent US tax/spending bill with help from his expert friends: the Defense Credit Union Council's Jason Stverak on $1,000 newborn accounts, and credit union lifer Lou Grilli on the “no tax on tips” details. Also- has Big Tech determined that regulation isn't so bad after all?    Links related to this episode:   The DCUC's call for the US Treasury to include credit unions in the newborn account rollout:  https://www.dcuc.org/news/dcuc-to-treasury-include-credit-unions-in-trump-accounts-rollout-for-newborns  Bloomberg's coverage of JPM Chase's plan to charge for open banking data: https://www.bloomberg.com/news/articles/2025-07-11/jpmorgan-tells-fintechs-they-have-to-pay-up-for-customer-data?embedded-checkout=true  The Wall Street Journal on tech firms' desire for federal AI regulation, and why it's unlikely by 2026:  https://www.wsj.com/articles/after-setback-tech-firms-renew-push-for-federal-ai-regulation-cc2b26d5  Labor/Employment law firm Littler's take on the “No Tax on Tips” provision: https://www.littler.com/news-analysis/asap/what-employers-need-know-about-no-tax-tips-and-no-tax-overtime   Today's newborns are tomorrow's youth bankers; for more on that topic, check out our recent CU Town Hall featuring Marcell King, CEO of Incent: https://www.youtube.com/watch?v=5GkfKtp26Xw  The Defense Credit Union Council: https://www.dcuc.org/  World Credit Union Conference: https://www.woccu.org/#trendingnow    Check out https://www.bigmerger.ai/ for details on how BIG has turbocharged its 20 years of credit union M&A experience with an AI-assisted framework that delivers successful conversions with remarkable speed, full data privacy and zero member downtime. Read about how BIG enabled the UCCU/TransWest core system merger in just 5 months. Join us on Bluesky!  @bigfintech.bsky.social;  @154advisors.bsky.social (Glen); @jbfintech.bsky.social (John) And connect on LinkedIn for insights like the Friday Fintech Five: https://www.linkedin.com/company/best-innovation-group/  https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Crypto News: Bitcoin pumps to a new high of $117,000 as Altcoins like Ethereum and XRP starting moving. US Treasury rolls back crypto broker reporting rules.Show Sponsor -

A daily update on what's happening in the Rocket Pool community on Discord, Twitter, Reddit, and the DAO forum. #RocketPool #rpl #Ethereum #eth #crypto #cryptocurrency #staking #news Podcast RSS: https://anchor.fm/s/cd29a3d8/podcast/rss Anchor.fm: https://anchor.fm/rocket-fuel Spotify: https://open.spotify.com/show/0Mvta9d2MsKq2u62w8RSoo Apple Podcasts: https://podcasts.apple.com/us/podcast/rocket-fuel/id1655014529 0:00 - Welcome 0:46 - Bullish crypto price https://www.binance.com/en/trade/BTC_USDT?theme=dark&type=spot https://www.binance.com/en/trade/ETH_USDT?theme=dark&type=spot https://www.binance.com/en/trade/RPL_USDT?theme=dark&type=spot https://discord.com/channels/405159462932971535/405503016234385409/1392614114609729556 Rocket Pool news3:48 - RPIP 72 vote live https://vote.rocketpool.net/#/proposal/0x836e0fcb86b41ff45b075910eeeae53c14af80d3b2a91f89e13904407f871d8e 5:46 - IMC elections live https://vote.rocketpool.net/#/proposal/0xe97b77711428fccba2740871edd4c1ed1e26721ff3a15b08370813c4cf5c877d 8:42 - rETH in Liquity v2 https://discord.com/channels/405159462932971535/405163713063288832/1392508879253798962 https://liquity.app/ 10:13 - rETH yield strategy https://x.com/factor_fi/status/1943235373418844234? 12:22 - 2 new minipools dissolved https://discord.com/channels/405159462932971535/894377118828486666/1392783916091441162 Staking news 13:29 - Client updates https://github.com/sigp/lighthouse/releases/tag/v7.1.0 https://github.com/status-im/nimbus-eth2/releases/tag/v25.7.0 14:24 - Tailscale changing IP address rules https://discord.com/channels/405159462932971535/1070004025610739883/1392521408474648576 Ethereum news 15:27 - hugely bullish ETH reports https://x.com/ryansadams/status/1942742550982373816 https://x.com/fundstrat/status/1943314579792040001 https://institutional.fidelity.com/app/literature/view?itemCode=9919383&renditionType=PDF https://x.com/MariaShen/status/1942658782439395815 24:47 - BTCS up their dollar raise target https://x.com/charles_btcs/status/1942901597488447922? https://x.com/nasdaqbtcs/status/1942563971791204695 https://www.youtube.com/watch?v=-JunBkcr_so 27:37 - Financial games with treasury companies https://x.com/laurashin/status/1942967401450201345 31:01 - EF ecosystem engagement change https://x.com/ethereumfndn/status/1943321131144089661 https://x.com/james_gaps/status/1943302929965842710 33:33 - GMX hacked https://x.com/Mudit__Gupta/status/1942949671699206159 34:11 - Growthepie update https://x.com/growthepie_eth/status/1943293328746819817?s In other news 36:47 - US Treasury changing broker rules https://x.com/watcherguru/status/1943322047980900589?

US Treasury yields are the lowest among the G3+, once hedged back to US dollars. Ira Jersey, Bloomberg Intelligence's US interest rate strategist, and Huw Worthington, his European rate strategy counterpart, take up the topic in this episode of the Macro Matters podcast. The analysts discuss central bank policy action and government bond markets in general. They also discuss why long-end yields have been more sensitive to fears of rising deficits than shorter-maturity bonds. Terminal users can view their note on how Treasuries are the lowest-yielding sovereign bond market, after the currency hedge, by clicking here.  The Macro Matters podcast is part of BI's FICC Focus series.

Scott and Crew talk about the sale of the Lakers, are today's players selfish, Deion Sanders, My Town and More. #lebronjames #lalakers #jerrybuss #nba #markwalter #magicjohnson #bostonceltics #covid19 #bobcousy #larrybird #acebailey #johnstockton #kobebryant #shaigilgeousalexander #chetholmgren #netherlands #penny #ustreasury #okcthunder #troypercival #mikemaroth #tropicanafield #billwalton #kevindurant #sampristi #markeaton #nickel #deionsanders #bojackson #kirkgibson #johnelway #michaelvick #alleniverson #brianjordan #davewinfield #dannyainge #jimthorpe #timtebow #davedebussucre #michaeljordan #giannisantetokounmpo #milwaukeebrewers #ladodgers #beckyhammon #dawnstaley #nancyleiberman #greggpopovich #detroitshock #rickcarlisle #brucearians #tiktok #youtube #subscribe

Wall Street stalled overnight amid a lack of investor conviction, with banks leading the declines as HSBC adopted a more cautious stance. US Treasury yields fell for a fifth straight session, while copper posted its best day since 1989 after President Trump vowed not to extend tariffs and toughened his stance on copper and drug imports. In company news, Moderna was the top performer on the S&P 500, surging 8.8%, while Amazon Prime Day spending remains in focus. Back home, Aussie shares are set to open lower on Wednesday after the RBA surprised markets with its latest decision. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

What happens when the world's reserve currency faces a crisis of confidence, yet alternatives remain elusive? Emmanuel Daniel, author of "The Great Transition: The Personalization of Finance," offers a fascinating perspective on this paradox that defines our current global economic moment.The dollar's remarkable resilience stems from an unexpected source – American indifference. "The US doesn't care. And that's how the dollar became global," Daniel explains. With approximately 70% of dollars circulating outside American borders and about 130 countries maintaining trade surpluses with the US, the dollar has become the de facto medium of exchange worldwide. Despite numerous attempts to challenge this hegemony – from the euro to China's renminbi to BRICS initiatives – no viable alternative has emerged. The fundamental obstacle? Trust. Even BRICS nations don't sufficiently trust each other's treasuries to establish a shared currency.We're witnessing a profound economic transformation that extends beyond currency matters. Daniel describes our transition from a markets economy (defined by buyer-seller transactions) to a networked economy where value derives from function and participation. This shift helps explain phenomena like cryptocurrencies, which puzzle traditional investors precisely because they operate on network principles rather than market principles.Most fascinating is how digital innovation, particularly stablecoins, is actually extending rather than undermining dollar dominance. These predominantly dollar-based digital assets, backed by US Treasury bonds, create new channels for global dollar use. As traditional financial systems face digitization, the personalization of finance accelerates – putting more control in the hands of individuals rather than institutions.This great transition presents both challenges and opportunities. Countries embracing technological change can leapfrog development stages, while education systems emphasizing learning discipline over specific content better prepare students for an AI-driven future. Despite internal challenges, the US maintains its economic edge through innovation and adaptability.Ready to understand the forces reshaping our financial future? Subscribe now to explore how the personalization of finance is transforming our world in ways we're only beginning to comprehend.Send us a text Musis by Bitterlake, Used with Permission, all rights to BitterlakeSupport the showCrew:Host: C. Derick VarnIntro and Outro Music by Bitter Lake.Intro Video Design: Jason MylesArt Design: Corn and C. Derick VarnLinks and Social Media:twitter: @varnvlogblue sky: @varnvlog.bsky.socialYou can find the additional streams on YoutubeCurrent Patreon at the Sponsor Tier: Jordan Sheldon, Mark J. Matthews, Lindsay Kimbrough, RedWolf, DRV, Kenneth McKee, JY Chan, Matthew Monahan, Parzival, Adriel Mixon

A solid US jobs report sends global stocks higher and US equities to all-time highs. But the devil lies in the detail. A US Federal Reserve rate cut in July is now off the table, pushing US Treasury yields higher and gold lower. What comes next? Investors are already looking to next week when Wednesday's tariff deadline looms. Trump has intensified trade tensions even ahead of the deadline, saying the administration would start sending out letters to countries from today. Joining us is Tim Gagie, Head of FX/PM Private Banking in Geneva, who shares his views on the weakening US dollar, the moves in the British pound this week, and why gold remains a buy-on-dip.(00:00) - Introduction: Helen Freer, Investment Writing (00:51) - Markets wrap-up: Jan Bopp, Investment Writing (06:06) - FX and metals: Tim Gagie, Head of FX/PM PB Geneva (09:40) - Closing remarks: Helen Freer, Investment Writing Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

On today's show we are looking at what the Fed could do that would cause a major increase in demand for US Treasuries. If the demand for Treasuries were to increase, the prices would rise and the market rate for those bonds would fall. The US Treasury would no longer be dependent on the interest rate guidance coming from the Federal Reserve. That could save hundreds of billions per year in interest costs for the US government.--------------**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)  

While European stocks had a subdued start yesterday, broader US indices managed to kick off the second half of 2025 firmly in the green, shrugging off concerns on the looming tariff ‘decision day' on 9 July. However, big tech mega caps dragged down the S&P 500 and the Nasdaq. Talk of the day was the Senate's passing of the ‘Big, beautiful (tax) bill' as President Trump calls it, and a flurry of manufacturing activity reports from around the globe, which showed that this part of the economy keeps on facing challenges. Dario Messi, Head of Fixed Income Research, explains why he believes that the US Treasury yield curve is likely to steepen going forward.(00:00) - Introduction: Bernadette Anderko, Investment Writing (00:28) - Markets wrap-up: Roman Canziani, Head of Investment Writing (06:27) - Bond market update: Dario Messi, Head of Fixed Income Research (12:55) - Closing remarks: Bernadette Anderko, Investment Writing Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

On today's show we are talking about distorted valuations. When you consider risk, I'm seeing what I can only describe as an atmospheric inversion in today's markets. Wall Street surged toward new record highs on Thursday, as the S&P 500 briefly topped its February 19 closing high of 6,144.15, extending a nearly $10 trillion rally from the brink of a bear market.On today's show I'm going to compare the risk free yield on US Treasuries as a baseline benchmark. In some ways, every other investment could be compared to that benchmark. I'm not going to get into the debate whether the US is going to default on its debt in the next decade or not. For the purpose of today's discussion let's take it as a given that the US will meet its debt obligations even if that means expanding the annual deficit and the global debt. We know that will eventually break down, but let's accept the US Treasury as a foundation for now. The reason I'm proposing that is that the reference for all of these investment returns is the US dollar. If the dollar is in question, then the value of all the other investments that a dollar denominated could be called into question as well. That includes Nvidia, Amazon, Walmart, United Airlines and so on. So let's call the risk free rate of return the yield on the US 10 year treasury. Today the market opened at 4.25%, pretty much in lock step with the Fed Funds rate. So whether you buy a 30 T-bill or a 10 year bond, your risk free rate of return today is at 4.25%.The argument is that if another investment is offering a lower yield, then it is somehow a better investment than the risk free rate of return. Does that make sense that the S&P 500 index would be more expensive than the risk free rate of return? --------------**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)  

Doug McHoney (PwC's International Tax Services Global Leader) is joined on June 24, 2025, by Pat Brown, an International Tax Partner and Co-Leader of PwC's Washington National Tax Services practice. Pat previously served as the US Treasury's Deputy International Tax Counsel and has been a frequent guest on the podcast. Doug and Pat start where they left off discussing 'One Big Beautiful Bill' (OB3), in wake of the US Senate Finance Committee Chairman's Substitute Amendment. They discuss the next steps in the legislative timeline including the impending July 4th deadline, the impact of the Byrd rule, as well as the many changes to both the business and international provisions. They focus on the major changes to Section 899, global intangible low-taxed income (GILTI), foreign derived intangible income (FDII), and the base erosion and anti-abuse tax (BEAT).  

In a world where visibility means opportunity, your personal brand is no longer optional - it's essential. In this episode, discover why treasury professionals can no longer afford to stay silent online, and how building a strategic LinkedIn presence can future-proof your career, attract opportunities, and showcase the value you bring - even if you're not actively looking for a new role.This special episode features Mike Richards, CEO and Joe Grabowski, Executive Consultant for US Treasury from The Treasury Recruitment Company,Together, they dive deep into the often-overlooked power of personal branding within the treasury profession, sharing real-life examples, practical tips, and hard-won lessons from their decades of recruitment experience.What You'll Learn in This Episode:Why personal branding matters more than ever for treasury professionalsThe evolution from offline networking to the LinkedIn eraMisconceptions about being active on LinkedIn (and why it doesn't mean you are job hunting)Practical steps to start building your personal brand todayHow to post about your achievements without sounding boastfulManaging internal perceptions and maintaining authenticity onlineTips for updating your LinkedIn profile and avoiding common mistakesThe power of consistent networking and making meaningful connectionsHow to handle professional conflict while maintaining your brandWhy “visibility” is your new career currencyCheck out the FULL Video via our YouTube: https://youtu.be/bJtLXO7pShQ----

Matt and Nic are back for another week of news and deals. In this episode:  The GENIUS Act passes the Senate Should GENIUS be stapled to market structure? Bessent thinks stablecoins could be $3.7T by 2030 Stablecoin FUD Will stablecoins destabilize the US Treasury market JPM's stablecoin FUDs JPMD's deposit token will launch on Base The future of stablecoin yield in the US  Circle hits a $50b market cap Yellowcard partners with Visa in Africa Kraken will launch a token for their Ink L2 Are Walmart and Amazon looking at their own stablecoins?  An Iranian crypto exchange is hacked at the coins are lost We review old Bitcoin FUDs on the FUD Dice Content mention in this episode: Yesha Yadav and Brendan Malone, Stablecoins and the US Treasury Market

Doug McHoney (PwC's International Tax Services Global Leader) is joined by Pat Brown, an International Tax Partner and Co-Leader of PwC's Washington National Tax Services practice. Pat previously served as the US Treasury's Deputy International Tax Counsel and has been a frequent guest on the podcast. Doug and Pat discuss the legislative and international tax implications of the 'One Big Beautiful Bill', including its procedural path through US Congress under budget reconciliation, and its implications for both domestic and cross-border taxpayers. They explore the bill's temporary business provisions, including TCJA 'orphan' fixes, and the evolving treatment of research expenses, bonus depreciation, and interest deductions. A major focus is Section 899—dubbed the 'super BEAT'—which targets foreign digital services taxes (DSTs), diverted profits taxes (DPTs), and Pillar Two's undertaxed profits rule (UTPR) with steep retaliatory measures. They also analyze the international negotiations around UTPR exemptions, the impact on treaty obligations, and the ongoing debate over treatment of US tax credits—particularly the R&D credit—under global minimum tax rules. 

Alan's Soaps https://www.AlansArtisanSoaps.comUse coupon code TODD to save an additional 10% off the bundle price.Bioptimizers https://Bioptimizers.com/toddEnter promo code TODD to get 10% off your order of MassZymes today.Bizable https://GoBizable.comUntie your business exposure from your personal exposure with BiZABLE.  Schedule your FREE consultation at GoBizAble.com today.  Bonefrog https://BonefrogCoffee.com/toddThe new GOLDEN AGE is here!  Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.Bulwark Capital Bulwark Capital Management (bulwarkcapitalmgmt.com)Do you know how tariffs can affect your retirement?  Join Zach Abraham's FREE Webinar “Tariff Edition” Thursday May 22 at 3:30 Pacific. Sign up at KnowYourRiskRadio.com today.Renue Healthcare https://Renue.Healthcare/ToddYour journey to a better life starts at Renue Healthcare. Visit https://Renue.Healthcare/ToddLISTEN and SUBSCRIBE at:The Todd Herman Show - Podcast - Apple PodcastsThe Todd Herman Show | Podcast on SpotifyWATCH and SUBSCRIBE at: Todd Herman - The Todd Herman Show - YouTubeSeattle still trying to surrender to Antifa // Treasury Secretary Admits Massive Fraud Potential, Commits to Change // Thank GOD this Presbyterian Sect Has Stopped Making DisciplesEpisode Links:WATCH: Rep. Jasmine Crockett, the dumbest member of Congress, debuts new game called, 'Trump or Trans.'"It would be so beautiful to see your bodies hanging from the tree" - Trantifa/Antifa members threatened an elderly couple leaving a @Riley_Gaines_ event at the @UW campus. Police had to escort them as the militants followed. Video by @KatieDaviscourt:King County public defender among 30 arrested after Antifa occupation of University of Washington building; "We are working with law enforcement and through our own disciplinary processes to ensure those responsible face appropriate consequences for their actions," said UW President Ana Marie CauceREP DEAN: "When can I expect the FBI at my door?" KASH PATEL: "You know who was targeted by a weaponized FBI? Me. You should read the book." DEAN: "Should we worry more about your memory or your veracity?" PATEL: "Your lack of candor. Your accusing me of perjury. Tell the people how I broke the law… Have the audacity to actually put the facts forward instead of lying for political banter. So you can have a 20-second donation hit."SEN. KENNEDY: "Did Jeffrey Epstein hang himself or did somebody kill him?" KASH: "I believe he hung himself in a cell in the Metropolitan Detention Center." KENNEDY: "Are you going to release all the information about that...before I die?"The left got its wish. Ed Martin won't be U.S. attorney for D.C. Instead, he'll get a senior DOJ job heading the investigation into Biden-era weaponization of the DOJ against conservatives. Be careful what you wish for, libs. You just might get it!Treasury Secretary testified today that 1/3 of the 1.5 billion Treasury payments were Untraceable in 2024. He explains that 500 million transactions, where the US Treasury issued payments were missing a Treasury Account Symbol (TAS). THAT ENDS… now every single payment requires a TAS number.PC-USA has decided to stop making disciples … thank GOD! - Not The Bee.ICYMI. During COVID times, Saddleback Church instructed members on how to administer "self-baptisms" - "You should be the only person in the water" - Protestia

In this long-form episode, Trevor connects with Paul Gurney of Beacon Securities. The discussion revolves around the current state of the commodities market, with a focus on precious metals like gold, silver, and platinum. The two discuss the bullish sentiment surrounding commodities due to underinvestment and supply constraints, particularly in the context of a weakening US dollar. They delve into the performance of gold and its correlation with US Treasury yields, the dynamics of silver and platinum group metals, and the potential risks of a recession impacting demand. Overall, the discussion highlights the complexities and opportunities within the mining and commodities sector. This conversation also delves into the evolving landscape of mining and energy, particularly in the context of artificial intelligence and data centers. The speakers discuss the increasing demand for energy, the challenges of building infrastructure, and the dynamics of global resource markets. They emphasize the importance of management in mining companies and the emergence of a new generation of executives. The discussion also touches on investment strategies in exploration and the significance of market conditions in shaping opportunities.This episode of Mining Stock Daily is brought to you by... Revival Gold is a pure gold, mine developer operating in the western United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at ⁠⁠revival-dash-gold.com⁠⁠Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.calibremining.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

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“You can't reset the gold price. It's global. No one nation can do that,” says Dr. Nomi Prins, international economist and investigative journalist.In an interview with Daniela Cambone, Prins unpacks the myths behind recent headlines claiming China is resetting the gold price. She clarifies that while China isn't resetting the price, it is making structural moves to reduce its reliance on the U.S. dollar and elevate gold's role in trade and settlement.“What China is doing is accumulating more gold in its reserves while it is selling US Treasury bonds,” she explains.Addressing the upcoming July 1 Basel III deadline, Prins notes that gold is already classified as a Tier 1 asset under current rules. However, it is not yet recognized as a High-Quality Liquid Asset (HQLA) in the U.S. banking system.“The July 1st date matters, but the attribution to the date that's out there is mostly inaccurate,” she says, emphasizing that the Fed's decision remains uncertain.

As the US races against China to develop the most advanced capabilities in AI, energy is critical. In this second episode from the ACORE finance forum, we speak to experts about how US energy policy, and in particular the reconciliation bill now being debated in Congress, might affect that race.Host Ed Crooks and regular guest Amy Myers Jaffe talk first to Joseph Webster, a Senior Fellow at the think-tank the Atlantic Council. They discuss the need for increased power supplies for data centers, the US reliance on clean energy supply chains that originate in China, and the challenges facing attempts to reduce that dependence.Ed and Amy then talk to Seth Hanlon, a Senior Fellow at the New York University Tax Law Center, and to Lesley Hunter, the Senior VP for Policy and Engagement at ACORE. They dig into the politics around the reconciliation bill currently being worked on in the Senate. Seth previously worked at the US Treasury on the implementation of the energy tax credits in the Inflation Reduction Act, and shares his perspectives on the possible effects of the new legislation that could come out of Congress. Lesley provides her insight on the prospects for persuading senators to support a more favorable outcome for the clean energy industry.This is the second of three special episodes from the ACORE Finance Forum. We'll be back next week with further coverage of all the essential conversations at the event.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Have any spare change? Do you still use cash and coins? The US Treasury Department and US Mint announced that it will stop making pennies after it runs out of the blank templates used to make the coins, saving the government $56 million a year in materials costs.  There is no indication that pennies will be taken out of circulation, only that new pennies will not be produced. This move should have no impact on electronic purchases - ACH, Wire, Debit, Credit, etc.  A few news articles on the subject: https://www.axios.com/2025/05/22/penny-coins-end-production-2026 https://www.axios.com/2025/05/24/treasury-penny-production-trump-shopping-change This issue is not unique to the United States. Canada, Australia and New Zealand stopped producing their penny-equivalents years ago. The cost to produce $0.01 is now approximately $0.0369 per penny, causing a loss to the US Mint of approximately $85.3 million.  And our other coins are similarly expensive to produce: $0.05 nickel costs $0.1378 per coin $0.10 dime costs $0.0576 per coin $0.25 quarter costs $0.1468 per coin It may be time to start using all those pennies we're currently saving in jars and piggybanks. What do you think? How will stopping the production of the penny impact you? Let us know if you enjoy this episode and, if so, please share it with your friends! Please also visit our sponsor Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.   Or, you can support the show by visiting our Patreon page: https://www.patreon.com/crushingDebt   To contact George Curbelo, you can email him at GCFinancialCoach21@gmail.com or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach   To contact Shawn Yesner, you can email him at Shawn@Yesnerlaw.com or visit www.YesnerLaw.com.  

INTRO (00:23): Kathleen opens the show drinking a Dead Parrot Salted Lime Light Lager from Florida Avenue Brewing Company.    TOUR NEWS: See Kathleen live on her “Day Drinking Tour.”   COURT NEWS (18:43): Kathleen shares news that Queen Cher celebrated her 79th birthday, Dolly Parton is releasing a line of Southern inspired frozen meals, Snoop Dogg & Martha Stewart won an Emmy for their 2024 Olympic coverage, Stevie Nicks turns 77 years old, and Jelly Roll has vowed to pledge $20M to build a dog shelter in Tennessee.    TASTING MENU (5:03): Kathleen tastes Simply Doritos White Cheddar Nacho chips, Chocolate Covered Pretzel Oreos, and Albanese Gourmet Gummy Bears.    UPDATES (37:21): Kathleen shares updates on Belichick's girlfriend being kicked out of a Nantucket party, Meghan Markle inks a reduced deal with Netflix,    HOLY SHIT THEY FOUND IT (43:01) : Kathleen reveals the discovery of the secret of what happened to America's “lost colony” of Roanoke.   FRONT PAGE PUB NEWS (45:45) : Kathleen shares articles discussing Brits who scaled Everest using anesthetic gas, Bigfoot is spotted in a Michigan swamp, the “Bubblehead family” is a St. Louis urban legend, Buc-ee's has broken ground in Arizona, Pop-Tarts is releasing 6 new summer products, the US Treasury will stop producing new pennies at the end of the year, the Canadian province of Alberta is looking to secede from the country, 17 members of a cartel kingpin's family were escorted into the US by the current administration, Taco Bell is entering Ireland, and Ticketmaster implements up-front ticket pricing.    STUPID TOURIST OF THE WEEK (50:07): A Florida man is gored by a Yellowstone bison, and a Russian tourist dies while leaning out of a train to take a selfie.    WHAT ARE WE WATCHING (27:58): Kathleen recommends watching “Earnhardt” on Prime Video, “Untold: The Fall of Favre” on Netflix, “Sirens” on Netflix, and “Jamestown” on Prime.    FEEL GOOD STORY (1:13:43): Kathleen reads about how teddy bears got their name. 

Market Insights and Sovereign Debt Discussion - Dividend Cafe In this episode of Dividend Cafe, Brian Szytel discusses the recent market movements following a significant rise due to a delay in tariffs on the EU. He covers the Richmond Fed survey results, FOMC meeting minutes, and the implications of long-term sovereign debt yields, particularly from Japan. Brian also breaks down the ownership of US Treasury debt and the impact of foreign investments. Looking ahead, he previews upcoming economic data releases, including Q1 GDP, jobless claims, pending home sales, and PCE data. Listeners are briefed on the market's current status and forthcoming economic indicators. 00:00 Introduction and Market Recap 00:35 Economic Calendar and Market Sentiment 00:51 Impact of Trade Announcements 01:55 Sovereign Debt and Treasury Holdings 03:46 Japan's Debt and Yield Curve Control 05:43 Upcoming Economic Data and Conclusion Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Episode 589: Neal and Toby chat about the bond market getting shivers after Trump's tax bill is projected to add to the federal deficit. Then, the US Treasury will finally put an end to adding new US pennies into circulation. Also, the box office has another blockbuster double-header with Mission Impossible and the Lilo & Stitch remake. Meanwhile, Bitcoin is the Stock of the Week and Nike is the Dog of the Week.  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Visit endthecampaign.com for more Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note  Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - MBD Trivia Night  02:20 - Tax Bill Impact  07:40 - Goodbye Penny  11:00 - Lilo & Stitch vs Mission Impossible 14:40 - Stock of the Week: Bitcoin  17:50 - Dog of the Week: Penny  19:30 - Headlines All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. APY as of 3/18/25,  subject to change. *Terms and Conditions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices

A high-profile challenge over the nation's first religious charter school is left in place – for now. The first “Make American Healthy Again” report tackles chronic disease in children. NOAA has released its hurricane forecast for 2025. Rapper Kid Cudi took the stand in the trial of Sean ‘Diddy' Combs. Plus, the US Treasury's plan to kill the penny. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The biggest pot of money in the history of mankind is the US Treasury and people are always looking to get their hands on the cash. Scott Bessent talks about tracking Treasury dollars and takes on Maxine Waters in an IQ mismatch. If the right continues to elect reformers, eventually we can do some serious government clean up. Jesse's got some redhead blood.Follow The Jesse Kelly Show on YouTube: https://www.youtube.com/@TheJesseKellyShowSee omnystudio.com/listener for privacy information.