Treasury Secretary Says Order On Citizenship Proof For Banking Is 'In Process'

Trump Announces 10-Day Lebanon-Israel Truce, As Iran Reasserts Tolls Via Iranian Banks; US Vows Hormuz Blockade "As Long As It Takes" Summary Trump unveils 10-day Lebanon ceasefire, but which Hezbollah has not signed on for, amid heavy IDF attacks on south. Iran seeks to boost rial through toll payment scheme; vessels pay Hormuz passage through Iranian banks. US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'. Hegseth: US forces are ready to restart combat if Iran doesn’t agree to a...

Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble After the Manufacturing ISM print earlier this week came modestly stronger than expected (albeit with the Prices Paid component spiking and sending 10Y yields higher), some were expecting a similar improvement in today's Services ISM print. What they got instead, was a blowout number, and one suggesting that whatever weakness the US economy was in for much of the latter part of 2025, is now over. At 10:00am ET, the ISM Services print came out at 56.1,...

President Trump has said that the US sent “a lot of guns” to protesters inside Iran during demonstrations and clashes that took place in January, though he believes the weapons may have been “kept” by Kurdish groups. “President Trump told me the United States sent guns to the Iranian protesters,” Trey Yingst, a reporter for […]