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76°
Wednesday, jun 17
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Treasury Department
Politics
Here's Who Will Get $1,776 Holiday Payments, Trump Announces: 'Checks Are Already On The Way'
President Donald Trump has announced that $1,776 payments are being sent to more than 1.4 million US service members as a one-time “Warrior Dividend” just ahead of Christmas. Trump revealed the bonus in a primetime address from the White House on Wednesday night, Dec. 17, telling viewers, “The checks are already on the way.” The symbolic $1,776 amount nods to the upcoming 250th anniversary of the Declaration of Independence's creation and signing in 1776. Trump said the checks would “show America’s gratitude for our heroes.” The payments will go to active-duty military personnel in …
Police & Fire
Top Trump Officials Nearly Come To Blows At Private Dinner, Report Says: 'I'm Gonna Punch You'
A swanky Georgetown soirée meant to celebrate Trump-world’s power players devolved into chaos when two of President Donald Trump’s most senior economic officials nearly came to blows. The confrontation included a threat to punch a colleague “in the (expletive deleted) face,” according to a new Politico report. The explosive exchange erupted during a private dinner attended by dozens of top officials, including Cabinet members, at Executive Branch, the new ultra-exclusive club for Trump insiders. The gathering, held on Wednesday, Sept. 3, was meant to mark the club’s inaugural e…
Business
DJs, Dog Walkers, Uber Drivers: See Who May Qualify For 'No Tax On Tips'
From bartenders and cooks to podcast hosts and social media influencers, a wide range of jobs are included under a so-called "no tax on tips" rule. The Treasury Department has released a sweeping preliminary list of jobs that may not have to pay federal tax on tip income. The provision is part of the spending law previously named the "One Big Beautiful Bill" that Congressional Republicans passed in July. The draft includes restaurant servers and bartenders, hairdressers, taxi drivers, tour guides, and even digital content creators. To qualify, a job must have "customarily and regu…
News
Foreign Visitors May Need To Pay $15K Bond To Enter US: Here's Why
Some international travelers coming to the US on tourist or business visas may soon have to pay a bond of up to $15,000, in the Trump administration's latest immigration crackdown effort. The State Department released details on the visa bond pilot program in the Federal Register on Tuesday, Aug. 5. The temporary final rule targets countries with high visa overstay rates or citizenship-for-sale programs. The pilot will begin on Wednesday, Aug. 20, and end on Wednesday, Aug. 5, 2026. The program will allow US consular officers to require certain visa applicants to post a bond …
Schools
Millions To Have Paychecks Garnished As Federal Student Loan Collections Restart
Millions of Americans may soon have their wages garnished as the Trump administration resumes student loan collections paused since the start of the COVID-19 pandemic. About 5.3 million borrowers are set to receive wage garnishment notices in the summer of 2025, according to the Department of Education. The federal government officially restarted student loan debt collections on Monday, May 5. Nearly 195,000 borrowers began receiving 30-day warning letters from the Treasury Department. Their Social Security or other federal benefits will be seized through the Treasury Offset …