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U.S. Treasury

Maryland ‘Clown’ Who Scammed 80-Year-Old Virginia Woman Out Of $26K Busted In Sting: Sheriff Maryland ‘Clown’ Who Scammed 80-Year-Old Virginia Woman Out Of $26K Busted In Sting: Sheriff
Maryland ‘Clown’ Who Scammed 80-Year-Old Virginia Woman Out Of $26K Busted In Sting: Sheriff An 80-year-old Virginia woman was conned out of more than $26,000 by crooks posing as US Treasury agents — until detectives set a trap that ended with a Maryland man in cuffs, officials said. The suspect, James Smith, 30, of Gaithersburg, was arrested after showing up to grab another $10,000 in cash from the victim, the Culpeper County Sheriff’s Office said.  Deputies were waiting. Smith had already squeezed $26,000 from the woman over several days, investigators said.  He and others pretended to be Treasury agents, threatening the woman with “criminal charges” unless she handed…
Trump Says US Has Reached Trade Deal With China Trump Says US Has Reached Trade Deal With China
Trump Says US Has Reached Trade Deal With China President Trump has announced that the United States has reached a trade deal with China following two days of intense negotiations in London. "Our deal with China is done, subject to final approval with President Xi and me," Trump posted in all caps on Truth Social Wednesday morning, June 11. "Full magnets, and any necessary rare earths, will be supplied, up front, by China.  "Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!) "We are getting a total of 55% tariffs, China is getti…
Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say
Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order of penny blanks and will stop distributing the one-cent coins by early 2026, the Wall Street Journal reported on Thursday, May 22. A Treasury spokesperson confirmed the end of the penny to the Associated Press. The move is expected to save $56 million a year in materials, according to a Treasury official who spoke anonymously to preview the decision. Once existing penny supplies run out, busi…