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Trump Treasury Blocks $175 Million In Federal Payments To Dead Recipients
Trump Treasury Blocks $175 Million In Federal Payments To Dead Recipients
Authored by AG News Staff via American Greatness,
The Treasury Department blocked $175 million in federal payments from going to deceased recipients in fiscal year 2026 as the Trump administration expanded efforts to prevent fraud and improper government spending.
Treasury screened more than 1.1 billion federal payments totaling approximately $3.7 trillion during the fiscal year, identifying and returning about 13,500 payments that otherwise would have gone to people listed as deceased, according to the department.
The results represent another step in President...
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Apr 10, 2026 / Tyler Durden
White House Warns Staff As Iran Bets Add To Growing Insider-Trading Concerns
White House Warns Staff As Iran Bets Add To Growing Insider-Trading Concerns
Authored by Zoltan Vardai via CoinTelegraph.com,
The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters.
Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a five-day delay in attacks on Iran’s energy infrastructure.
The warning followed a roughly $500 million bet on Brent and West Texas Intermediate...
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Apr 16, 2026 / Tyler Durden
What AI Doesn't Know - And Why It Matters
What AI Doesn't Know - And Why It Matters
Authored by Richard Porter via RealClearPolitics,
Artificial intelligence has taken the wired world by storm, but the backlash came almost as fast. Progressives complain of job losses, environmentalists question the ecological impacts of huge data centers, and local activists are clamoring for assurances that household utility bills won’t skyrocket because of the centers’ voracious electricity requirements. Others simply worry that the technology will overwhelm humans’ ability to control it.
At least in part, these reactions stem from the overselling of AI.
AI is super...
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Oct 1, 2026 / Tyler Durden
Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes
Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes
One lesson governments never seem to learn is that when taxes push the legal price of something high enough, a black market will eventually show up to collect the difference.
Australia is now getting a particularly ugly demonstration of that principle. After more than a decade of relentlessly increasing tobacco taxes in an effort to crush smoking, the country has created an enormous price gap between legal and illegal cigarettes, and organized crime has rushed in to fill it, according...
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