Tue, 21-Oct-2025

Former US Treasury Secretaries Support Drugs, Climate, and Tax Bill

Treasury Secretaries

Five former U.S. Treasury Secretaries, four Democrats and one Republican, endorsed a $430 billion drug, energy, and tax measure. The secretaries also claimed that the JCT analysis selectively showed the bill’s distributional effects while ignoring its positives to middle-class people. Summers criticised the Biden administration’s $1.9 trillion American Rescue Plan COVID-19 relief programme last year. … Read more

U.S. warns to impose sanctions on Turkey

U.S. warns to impose sanctions on Turkey

United States (US) Secretary of the Treasury, Steven Mnuchin has warned Turkey that the Trump government has prepared a package of sanctions against Ankara. These restrictions may be enforced if needed. He said that US is satisfied with the ceasefire in Syria so far. That is why the United States has lifted the ban on … Read more