July 4, 2026 · Economy, Trade & Fiscal Policy

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Treasury Launches 'Trump Accounts' on the Nation's 250th Anniversary

On July 4, 2026, timed to the country's 250th anniversary, the Treasury Department announced the official nationwide launch of "Trump Accounts," a federal savings-and-investment program created under the 2025 tax law...

September 8, 2025 · Personnel, Competence & Administrative Failure

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Bessent Threatens to Punch FHFA Director Pulte at Private Dinner

On September 3, 2025, Treasury Secretary Scott Bessent reportedly threatened to punch Federal Housing Finance Agency Director Bill Pulte during a private dinner in Washington attended by dozens of administration...

April 23, 2025 · Personnel, Competence & Administrative Failure

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Musk and Bessent Clash in West Wing Shouting Match Over IRS Pick

On April 23, 2025, reporting revealed that Elon Musk and Treasury Secretary Scott Bessent had engaged in a heated shouting match inside the White House, audible to President Trump, other officials, and a visiting Italian...