The energy secretary said the administration is discussing easing sanctions on vessels carrying Russian oil to bring down record freight rates, days after a bipartisan group of senators objected to the diesel agreement.
The city says federal officials skipped the required environmental review before converting a warehouse into an immigration detention facility.
The administration is using the Defense Production Act to lift fuel output at a single named refiner, with no cost or timeline disclosed.
US envoys pressed Ukrainian negotiators at a Miami golf club, and the trips to Moscow that were meant to follow have been postponed.
Reports agree he is the largest known donor of the cycle and disagree on the total by about a third.
A consortium led by the Trump donor Todd Boehly, backed by Washington, is positioning itself for Lukoil’s international assets, including refineries in Bulgaria, Romania and the Netherlands.
The US energy secretary puts flows through the Strait of Hormuz at 80% to 90% of where they were before the war, one report of the same remarks puts the recovery at 44%, and Saudi Arabia is looking for export routes that avoid the strait.
The department has updated the number of troops who died during the war to 21, the defence secretary called the report that surfaced it fake, and lawmakers want an account of a strike carried out on 1 September.
The defence secretary has promised a public military execution in December, the vice president says he will not watch, and the president has not decided.
Citigroup told clients that Scott Bessent is likely to shrink auctions of long-dated government debt, and could cancel the 20-year bond altogether.
Cognizant, Infosys, TCS, Wipro and HCL were suspended alongside Microsoft and Adobe, and the inquiry now extends to student exchange visas.
The Treasury Secretary has taken on the economist whose nomination to the Federal Reserve Board failed, giving her a brief that covers currency policy.
The detention contractor is calling its 2029 secured notes, extending its revolving credit facility to 2031 and raising the amount of stock it may repurchase.
The private prison operator sued the state attorney general over SB 942, the statute it calls an unconstitutional attempt to regulate immigration detention.
Trade Representative Jamieson Greer said the declaration broadens the overcapacity fight beyond China and that EU countries are united behind it.
A new account describes the Treasury secretary berating staff, and seven senior officials are reported to have left.
The White House had predicted a fall; Trump blamed the Fed and Bessent blamed an energy shock.
Reports say Trump’s envoys discussed a US investor for the Nord Stream pipelines while the war continues.
The Treasury Department will enroll tens of millions of children without an application and has cleared the way for donations of individual stocks.
The government is buying the buildings while the private operator keeps the management contracts.
The federal government is buying detention real estate outright while the operator clears secured debt and opens room for buybacks.
The federal government bought three California immigration detention facilities from GEO Group, which will keep operating them.
The White House’s top economic adviser said it is time for Jerome Powell to give up his remaining seat on the Federal Reserve Board.
A conditional federal loan commitment would fund uprates and modernisation at Vistra nuclear plants in Ohio and Pennsylvania.
The private prison operator keeps the service contract, lifts its buyback and raises guidance, while the shares send mixed signals.
The White House is easing limits on red-dyed, tax-exempt diesel to blunt fuel inflation while rejecting the export controls the industry had feared.
The consortium pursuing Lukoil’s assets is led by a Trump donor and includes a US government financial agency.
The Treasury secretary has pulled back from his claim to be the house after an attempt to talk yields down failed to take.
The Treasury secretary defended his claim to be “the house” in US debt markets while acknowledging the limits of official intervention as long yields rise.
Governor Newsom signed AB 1633, described as the first US law taxing private ICE detention companies.
Chris Wright told CBS that the president was “well aware of the risks to energy flows” before the war began, and would not rule out further military action.
A multibillion-dollar sale of Lukoil’s foreign assets has become part of the negotiations, with the leading bidder group tied to the US envoys.
The director of national intelligence will lead a Super Intelligence task force reporting on AI risks and the government’s oversight role.
The Treasury secretary said AI labs must own their risks, while also telling Axios that rising Treasury yields reflect a global move rather than a US problem.
The job has sat vacant since March, and the president is filling it with the official who runs US intelligence.
Lawmakers approved $1.36 billion in incentives five weeks before the election, after the commerce secretary had already called the deal done.
A New York Times report says an investor group led by Todd Boehly has emerged as the leading bidder for assets now caught up in the negotiations.
Korean officials said no deal exists to fund the Alaska gas pipeline, a day after the president and his commerce secretary announced one.
The justices agreed to review mandatory immigration detention in the same week an operator signed a 355 million dollar contract and Colorado sued to block another.
US officials told European capitals to tap emergency diesel stockpiles or face an American export ban, as UK pump prices passed two pounds a litre.
The Pentagon picked Boeing over Northrop to build the Navy’s first sixth-generation carrier aircraft.
The justices agreed to review a policy that holds tens of thousands of immigrants in detention.
The president presented a $54 billion Alaska gas project as backed by South Korean money and part of a $200 billion energy package, while Seoul said the investment has not been approved and will require commercial viability.
Energy Secretary Chris Wright has asked Europe to release more than a third of its diesel reserves, with a US export ban held out as the alternative, as the administration weighs restrictions on foreign diesel sales.
The Pentagon picked Boeing for the F/A-XX programme in a deal worth more than $20 billion.
Energy Secretary Chris Wright announced a new release from US reserves and pressed European countries to draw down their own diesel inventories.
The state’s attorney general asked a federal court to void the contract and halt work on a former prison that the company would reopen for immigration detention.
The measures replace tariffs with outright prohibitions on a defined list of goods, with no date set for a return to negotiations.
The threat from the world’s biggest diesel exporter lands as UK pump prices set a record.
The Treasury secretary said Tehran is completing its final crude shipments to China and will soon have nothing left to trade.
Chris Wright said oil flows through the contested strait are averaging close to 13 million barrels a day and that the US military is keeping them moving.
The energy secretary says the United States will not stop exporting diesel, even as officials discuss voluntary cuts by refiners and a pause in fuel taxes.
A Government Accountability Office report says the agency spent without a strategic plan, including on tents and warehouses that went unused.
Patrick Swindle steps down after less than a year to treat pancreatic cancer, and Lucibeth Mayberry becomes president and chief executive.
The energy secretary has sounded out refiners on voluntary curbs while ruling out a blanket ban, and the industry is pushing back.
A Government Accountability Office report says the immigration agency committed billions to new detention initiatives without the analysis or the strategic plan to support them.
Chris Wright says the administration is not pursuing an outright export ban, even as the White House keeps a ninety-day version under review.
Chris Wright announced a grant programme called Speed to Power across 26 states, aimed at getting more electricity out of the grid already in the ground rather than building new lines.
A GAO report released by three Senate Democrats found that Immigration and Customs Enforcement and other agencies spent public money on detention sites chosen without the planning the expansion required.
Chris Wright called a blanket ban a blunt tool, hours after reports that the White House was preparing a 90-day restriction.
National Economic Council Director Kevin Hassett questioned why policymakers would tighten with core inflation running near 2%.
Officials are drafting a plan for a 90-day ban on diesel exports while the energy secretary says the tool does not work.
The president’s endorsement reverses an administration position that had resisted fuel export restrictions, and his own energy officials have argued against it.
The president said a decision would come fast, while the Treasury secretary said the administration is still examining whether a ban is feasible.
Federal detention capacity is expanding across several states while the largest listed operator’s stock falls on a detainee transfer.
Scott Bessent says secondary sanctions will shut Iranian carriers out of the global aviation system from 23 September.
Budget director Russell Vought is pushing an executive order that would let a political appointee veto biomedical research awards.
Treasury Secretary Scott Bessent offered Beijing a notification mechanism for AI incidents, while the US trade representative confirmed chip export controls were not on the agenda.
CoreCivic is close to a fifty-two week high on detention contracts, while GEO Group faces a state lawsuit and a contract renewal vote.
Trump has asked his budget director to draft an order routing the biomedical agency’s grant approvals through the White House.
Treasury, the US trade representative and China’s vice premier gathered in Manhattan on Sunday to prepare a leaders’ meeting on tariffs, AI and rare earths.
The last working-level session before the two presidents meet is set for Sunday at JPMorgan Chase headquarters.
A new military estimate puts the cost of the war at $43.6 billion while a newspaper report says more American troops have died than the Pentagon has disclosed.
The president announced a new body modelled on the Space Force and gave no detail on its budget or where it would sit.
Continental Resources, founded by Harold Hamm, has signed a memorandum of understanding with PDVSA to operate the Ayacucho 2 block, described as holding 30 billion barrels.
The shale pioneer’s company has agreed a memorandum of understanding with PDVSA, and the energy secretary called it a milestone.
The president attacked the decision within hours while insisting he still backs the chair he appointed.
The administration is considering Defense Production Act funds for refiners as record diesel prices feed straight into freight and food costs.
The Treasury secretary told House lawmakers that rising yields reflect global issues, not US fiscal policy.
The Treasury secretary defended his buyback programme, a joint yen intervention and the president’s proposed $5,000 dividend as Democrats pressed him on yields and energy costs.
The designation puts one of Russia’s largest banks inside the Iran sanctions programme, exposing any foreign institution that keeps dealing with it to secondary sanctions.
The cabinet officer closest to the oil market is warning that the chokepoint premium will not come off soon.
The Treasury secretary has a new name for detractors of his bond buyback programme, which has not stopped long yields reaching multi-year highs.
Ben Delo and Christopher Harborne each pledged a record £36 million, described in coverage as the largest gifts in British political history.
Markets expect the first US rate increase in years next week, and Kevin Warsh has left himself little room to talk them out of it.
With American refineries running flat out and diesel at a record, the administration is examining wartime industrial powers to add capacity.
The Treasury Secretary is sanctioning a large bank, talking the yen higher and buying back long-term debt, with the bond market so far unmoved.
The US Treasury secretary dared markets to test his resolve on a stronger yen days before an expected Bank of Japan rate rise.
The Treasury designated the remaining Iranian carriers and their suppliers, and the secondary-sanctions perimeter now runs well beyond Iran.
Steve Witkoff and Jared Kushner made their first wartime visit to the Ukrainian capital after meeting Vladimir Putin, reporting substantive progress but agreeing nothing.
The Treasury secretary says Iran has 30 million barrels left to sell and that crude falls once the conflict ends.