Anybody else see the "Maralago Accords " as extortion on a global scale??
*in a NY mafioso accent:
"Oh, ya wanna do bidness with the US?? You're gonna need to pay for protection"
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#treasury
5 posts4 participants0 posts today
Judge Amy Berman Jackson in the National #Treasury Employees v. #RussVought (acting director of CFPB) ruled that the attempt to dismantle #CFPB is likely unlawful, & the recent claims by the #Trump admin that the agency was still performing its statutorily mandated duties was "nothing more than window dressing."
As such she ordered a preliminary injunction.
#law #ConsumerProtection #AbuseOfPower #Trump
https://ecf.dcd.uscourts.gov/cgi-bin/show_public_doc?2025cv0381-87
![In sum, the Court cannot look away or the CFPB will be dissolved and dismantled completely in approximately thirty days, well before this lawsuit has come to its conclusion. For all of the reasons set forth above, the Court will GRANT [Dkt. # 10] plaintiffs' motion and issue a preliminary injunction that maintains the agency's existence until this case has been resolved on the merits, reinstating and preserving the agency's contracts, work force, data, and operational capacity, and protecting and facilitating the employees' ability to perform statutorily required activities. The Court is aware of the modifications the plaintiffs have made to their proposed order, as well as the objections lodged by the defendants to previous iterations of the proposed order, and it is mindful that its order must be sufficiently specific to be enforceable, while also broad enough to afford the agency and its leadership the discretion they are accorded under the statute when carrying out their regulatory, enforcement, and supervisory responsibilities.](https://s3.masto.ai/media_attachments/files/114/242/098/939/614/022/original/6844bc004d4f87fa.png "In sum, the Court cannot look away or the CFPB will be dissolved and dismantled completely in approximately thirty days, well before this lawsuit has come to its conclusion. For all of the reasons set forth above, the Court will GRANT [Dkt. # 10] plaintiffs' motion and issue a preliminary injunction that maintains the agency's existence until this case has been resolved on the merits, reinstating and preserving the agency's contracts, work force, data, and operational capacity, and protecting and facilitating the employees' ability to perform statutorily required activities. The Court is aware of the modifications the plaintiffs have made to their proposed order, as well as the objections lodged by the defendants to previous iterations of the proposed order, and it is mindful that its order must be sufficiently specific to be enforceable, while also broad enough to afford the agency and its leadership the discretion they are accorded under the statute when carrying out their regulatory, enforcement, and supervisory responsibilities.")
Continued thread
#Treasury Secy #ScottBessent has been spearheading negotiations on the mineral deal. In an interview…, he said the #US had "passed along a completed document for the economic partnership….”
#Trump has said a #minerals deal will help secure a peace agreement by giving the United States a financial stake in Ukraine's future. He also sees it as America's way of earning back…[the #aid] it has given to #Ukraine…. Most of the aid funds were spent in the US.
Continued thread
Inside DOGE’s Plan to Invade the Treasury—and Throttle USAID
Court filings show that from the earliest days of the 2nd #Trump administration, Elon Musk’s DOGE had a plan to infiltrate US Treasury payment systems—and turn them against USAID.
https://www.wired.com/story/elon-musk-doge-plan-treasury-usaid/
"reveal the extent of #DOGE penetration into the most sensitive systems at the #Treasury...
this access was in service of the admn’s plans to target #USAID."
"Treasury Department is set to lay off a ‘substantial’ number of employees, official says.'
“These plans will be tailored for each bureau, and in many cases will require separations of substantial numbers of employees through reductions in force (RIFs).'
The federal govt is being ransacked for #privatization. If Musk's DOGE isn't stopped soon, the damage may be permanent.
#Resist #Treasury #DOGE #Musk #Coup #USPol
https://www.cnbc.com/2025/03/26/treasury-department-is-set-to-lay-off-a-substantial-number-of-employees-official-says.html
Continued thread
Judge Rips Elon Musk’s DOGE for Seizing Americans’ Personal Data
A federal judge has blocked DOGE from getting even more access to #Americans’ sensitive personal #data.
https://newrepublic.com/post/193084/judge-blocks-elon-musk-doge-personal-data
"Judge Deborah Boardman... ruled that Elon Musk’s #DOGE has no legal right to the personal #information of American citizens held at the Dept of #Education, the Office of Personnel Management, and the #Treasury Dept...
referred to the Privacy Act of 1974"
US District Judge files an injunction, forbidding Administration Departments of #Education, #Treasury and #OPM to release personal data to #DOGE. https://apnews.com/article/doge-access-education-treasury-office-personnel-management-b925e2b6b6326dab1dffc49d6c6c2b58
Federal Judge Deborah L. Boardman has blocked #DOGE / #OPM from accessing large swathes of data at the Depts of #Education & #Treasury, ruling that DOGE has no right under the #Privacy Act to unjustified access to large-scale amounts of personal identifying information.
#law #USpol #Trump #Musk #InfoSec
https://storage.courtlistener.com/recap/gov.uscourts.mdd.576070/gov.uscourts.mdd.576070.68.0_1.pdf
A couple named James and Maria Reynolds wrote to Secretary of the Treasury Hamilton #OTD in 1792 asking him for more money in exchange for their silence. Find out why by listening to Hamilton's Seat at the Table episode. #history #POTUS #Hamilton #Treasury https://www.presidenciespodcast.com/satt-001-alexander-hamilton/
U.S. #Treasury removed sanctions against the #crypto mixer service #Tornado #Cash
https://securityaffairs.com/175718/laws-and-regulations/u-s-treasury-removed-sanctions-tornado-cash.html
#securityaffairs #hacking
Security Affairs · U.S. Treasury removed sanctions against the crypto mixer service Tornado CashThe U.S. Treasury is lifting sanctions on Tornado Cash, a crypto mixer accused of helping North Korea's Lazarus Group launder illicit funds.
Continued thread
…The wrinkle in the effort is the #DebtCeiling, which limits how much the government can borrow. Faced with this roadblock, the #Treasury is using cash from its account at the #Fed to pay bills, which is adding liquidity into the system. When the #debt ceiling is raised, assuming that happens, the Treasury will likely seek to rebuild its account, which will take liquidity back out of the system.
US #CentralBank holds #InterestRates steady
#TheFed said it will slow the pace of the drawdown of its balance sheet, as it faces challenges in assessing #market liquidity….
Stmnt: "The Cmte will continue reducing its holdings of #Treasury #securities & agency #debt & #mortgage‑backed securities. Beginning in April, the Cmte will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25B to $5B."
#economy
https://www.reuters.com/world/us/fed-meeting-live-us-stocks-open-higher-investors-eye-rate-decision-2025-03-19/
Continued thread
The potential to more than double the scope of #Trump’s #tariffs has alarmed economists & some congressional #Republicans, while other WH allies are concerned about the logistical challenges of a complicated new #import #tax regime. The precise nature of these new duties has spurred extensive discussions at the highest levels of the admin, w/VP #JDVance, #Commerce Secy #HowardLutnick, WH aide #PeterNavarro & #Treasury Secy #ScottBessent all playing a role in the talks….
Wow. Quite an accomplishment!
Scott Bessent Makes Steven Mnuchin Seem Charming
https://www.wonkette.com/p/scott-bessent-makes-steven-mnuchin
Wonkette · Scott Bessent Makes Steven Mnuchin Seem Charming
US judge orders #Trump admin to reinstate thousands of fired workers
A California federal judge on Thurs ordered 6 US #FederalAgencies to reinstate thousands of recently-hired employees who were fired as part of Trump's purge of the federal workforce.
The ruling made by US Dist Judge William Alsup in San Francisco during a hearing applies to the Departments of #Defense, #Veterans Affairs,#Agriculture, #Energy, #Interior & the #Treasury.
#law #DOGE #Musk
https://www.reuters.com/world/us/us-judge-extend-block-trump-administration-ordering-mass-firings-2025-03-13/
Scott Bessent is a weird goof. He can afford to lose 25%.
Tone-deaf treasury secretary doesn’t care that we’re not all billionaires
https://www.dailykos.com/story/2025/3/7/2308633/-Tone-deaf-treasury-secretary-doesn-t-care-that-we-re-not-all-billionaires
Daily KosTone-deaf treasury secretary doesn’t care that we’re not all billionairesAs stocks tumble, with the stock market experiencing its worst week in two years, Treasury Secretary Scott Bessent says that Americans—who aren’t billionaires like him—might soon begin suffering as the economy transitions into President Donald Trump’s...
Continued thread
DOGE targets child support database full of income data
Associates of Elon Musk’s group provoked yet another clash with career civil servants over sensitive #government records
https://archive.is/HBz70#selection-517.0-521.119
"Elon Musk’s #DOGE team has clashed with civil servants over... #information or systems kept by the #Treasury Dept, #IRS and #SocialSecurity Admn, among other agencies.
Earlier this week, however, DOGE... targeted... perhaps the most sensitive of all"
Continued thread
#DOGE has sought access to a powerful database of nearly all US workers’ earnings kept by the #health dept’s #ChildSupport office, setting off another disagreement w/career staff over demands for legally #protected records, acc/to 4 people familiar w/the matter.
Over the last several weeks, #billionaire #ElonMusk’s team has clashed w/ #CivilServants over attempts to #access privileged #information or systems kept by the #Treasury Dept, #IRS & #SocialSecurity, among other agencies.
Continued thread
…2 NY federal judges -- US District Judges Paul Engelmayer & Jeannette Vargas -- are receiving extra security after their rulings blocked staff from the #Musk-driven #DOGE from accessing sensitive #Treasury Dept data…
Another person familiar w/the judicial security environment said several federal judges in the DC area had received pizzas sent anonymously to their homes, which is being interpreted by #law enforcement as a form of #intimidation meant to convey that a target’s address is known.
“Nearly 140 NGOs blast the Labour government over its foreign aid budget cut”
by The Canary @thecanaryuk @UKLabour
“They warn that the move will ‘destroy Labour’s legacy on international development’ and leave the ‘government’s ambition to be a reliable development partner on the global stage in tatters’”
https://www.thecanary.co/uk/analysis/2025/03/03/foreign-aid-budget-cut/?__s=1toyfummtp6bhspv4akg
Canary · Nearly 140 NGOs blast the Labour government over its foreign aid budget cutNGOs warn that cuts to the foreign aid budget will leave the “government's ambition to be a reliable partner on the global stage in tatters"