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Trump Renames Pentagon the Department of War - DC

President Donald Trump with U.S. Treasury Secretary Scott Bessent (C) and Miami Mayor Francis Suarez (R) as he announces plans to host the 2026 G20 summit in Miami, Florida during a press availability in the Oval Office of the White House on September 5, 2025 in Washington. Photo by Francis Chung/Pool/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A protester wears a sticker with a crossed-out "Elon" symbol during a rally in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

Demonstrators stand in front of the U.S. Treasury Department holding signs during a protest in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A demonstrator holding an American flag stands during a protest in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A demonstrator, with an American flag planted in his coat, stands with crossed arms during a protest in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A protester holds a sign during a rally in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A woman holds a dog during a demonstration outside the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A man smiles during a demonstration outside the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A protester holds a balloon resembling Donald Trump and a sign reading "TRAITOR" during a rally in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A protester holds a balloon resembling Donald Trump and a sign reading "TRAITOR" during a rally in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A protester holds a sign that reads "Humanity, Freedom" in front of the U.S. Treasury Department in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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MAGA Mocks Democrat Protests Outside USAID - DC

A crowd gathers in front of the U.S. Treasury Department with American flags during a protest in Washington, D.C., on February 4, 2025. Demonstrators gathered to protest Musk's access to the Treasury's payment system, which stores the private information of millions of Americans. Photo by Hossein Fatemi/Middle East Images/ABACAPRESS.COM

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US: Labrador Puppy Slips On Icy Stairs As Major Winter Storm Hits Kansas

A major winter storm swept into the U.S. central plains on Saturday, January 4, causing icy streets and multiple crashes in Kansas. This video shows a Labrador puppy slipping down icy outdoor stairs in Lawrence.

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U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools

STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools SHOOTING TIME: June 12, 2024 DATELINE: June 13, 2024 LENGTH: 00:01:26 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as the latest consumer price data shows that inflation seems to be cooling. In a statement after the two-day policy meeting, the Federal Open Market Committee (FOMC), the Fed's policy-setting body, reiterated that the committee does not expect it will be appropriate to reduce the target range "until it has gained greater confidence that inflation is moving sustainably toward 2 percent." In addition, the committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, the FOMC said. The Fed's announcement came just a few hours after the U.S. Labor Department reported that the

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Senate Caucus on International Narcotics Control hearing to examine Chinese money laundering organizations, focusing on cleaning

Under Secretary for Terrorism and Financial Intelligence, U.S. Department of the Treasury Brian Nelson appears before a Senate Caucus on International Narcotics Control hearing to examine Chinese money laundering organizations, focusing on cleaning cartel cash, in the Dirksen Senate Office Building in Washington, DC, USA? Tuesday, April 30, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM / CNP

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Senate Caucus on International Narcotics Control hearing to examine Chinese money laundering organizations, focusing on cleaning

Under Secretary for Terrorism and Financial Intelligence, U.S. Department of the Treasury Brian Nelson appears before a Senate Caucus on International Narcotics Control hearing to examine Chinese money laundering organizations, focusing on cleaning cartel cash, in the Dirksen Senate Office Building in Washington, DC, USA? Tuesday, April 30, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM / CNP

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Senate Caucus on International Narcotics Control hearing to examine Chinese money laundering organizations, focusing on cleaning

Under Secretary for Terrorism and Financial Intelligence, U.S. Department of the Treasury Brian Nelson appears before a Senate Caucus on International Narcotics Control hearing to examine Chinese money laundering organizations, focusing on cleaning cartel cash, in the Dirksen Senate Office Building in Washington, DC, USA? Tuesday, April 30, 2024. Photo by Rod Lamkey/CNP/ABACAPRESS.COM / CNP

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CHINA-BEIJING-HE LIFENG-U.S.-TREASURY-DELEGATION-MEETING (CN)

(240206) -- BEIJING, Feb. 6, 2024 (Xinhua) -- He Lifeng, Chinese vice premier and Chinese lead person for China-U.S. economic and trade affairs, meets with a delegation led by Jay Shambaugh, under secretary for international affairs at the U.S. Department of the Treasury, in Beijing, capital of China, Feb. 6, 2024. (Xinhua/Yin Bogu)

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U.S. Treasury Department

Photo taken in August 2023 shows the U.S. Treasury Department building in Washington.

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U.S. Treasury Department

Photo taken on June 16, 2023, shows the U.S. Treasury Department building in Washington.

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U.S. Treasury Department

Photo taken on June 16, 2023, shows the U.S. Treasury Department building in Washington.

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Senate Hearings - Washington

Elizabeth Rosenberg, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Paul M. Rosen, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Paul M. Rosen, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Elizabeth Rosenberg, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Paul M. Rosen, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Paul M. Rosen, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Senate Hearings - Washington

Elizabeth Rosenberg, U.S. Department of the Treasury, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine countering China, focusing on advancing U.S. national security, economic security, and foreign policy, in the Dirksen Senate Office Building, in Washington, DC, USA, Wednesday, May 31, 2023. Photo by Rod Lamkey/CNP/ABACAPRESS.COM

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Xinhua Headlines: U.S. debt default crisis becomes political pawn of partisan fight

(230529) -- NEW YORK, May 29, 2023 (Xinhua) -- This photo taken on Jan. 20, 2023 shows the U.S. Department of the Treasury in Washington, D.C., the United States. (Xinhua/Liu Jie)

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Yellen says U.S. highly likely to default on debt by early June

STORY: Yellen says U.S. highly likely to default on debt by early June DATELINE: May 24, 2023 LENGTH: 00:02:05 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of U.S. Treasury Secretary Janet Yellen at a U.S. Senate hearing (file) 2. various of exterior of U.S. Department of the Treasury 3. various of Biden meeting with U.S. House Speaker Kevin McCarthy on debt ceiling at the White House 4. various of exterior of the White House 5. various of exterior of the U.S. Capitol STORYLINE: The United States is "highly likely" to default on government obligations by early June and potentially as early as June 1 if the Congress fails to raise or suspend the debt limit, said U.S. Treasury Secretary Janet Yellen in an update letter to congressional leaders on Monday. Yellen gave a similar estimate in another letter one week ago. Waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxp

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Chinese Embassy in U.S. opens house, presents Yunnan Province to visitors

STORY: Chinese Embassy in U.S. opens house, presents Yunnan Province to visitors DATELINE: May 8, 2023 LENGTH: 00:01:42 LOCATION: Washington D.C. CATEGORY: POLITICS SHOTLIST: 1. various of the event STORYLINE: The Chinese Embassy in the United States joined the Around the World Embassy Tour of Washington D.C., and held an open house event during the weekend. The event, themed "Yunnan: A Many-Splendored Life," presented the beautiful province in southwestern China and attracted about 15,000 visitors on Saturday. Wang Hao, vice governor of Yunnan, led a delegation and art troupes to the Chinese Embassy, which gave a splendid performance showcasing a colorful Yunnan with vast potential and unique charm. Over 350 guests attended the VIP session, including Deputy Assistant Secretary of State for China Rick Waters, Director of the Office of East Asia at the Department of the Treasury Joseph Dickson, former Secretary of Defense William Cohen, and foreign diplomats in the United States. Wang, in his remarks, o

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Silicon Valley Bank resumes operation

STORY: Silicon Valley Bank resumes operation DATELINE: March 14, 2023 LENGTH: 00:01:46 LOCATION: SAN FRANCISCO, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of people waiting outside SVB STORYLINE: The Silicon Valley Bank (SVB), the 16th largest bank in the United States, resumed operation on Monday. SVB's website has also been restored. The U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. California authorities closed SVB on Friday after the tech-focused lender reported huge losses from securities sales, sparking a run on the bank's deposits. The SVB collapse is the largest bank failure since the collapse of U.S. savings and loan association Washington Mutual in 2008. Xinhua News Agency correspondents reporting from San Francisco, U.S. (XHTV)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S.-CALIFORNIA-SILICON VALLEY BANK

(230314) -- SANTA CLARA, March 14, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The U.S. Treasury Department, the Fed, and the Federal Deposit Insurance Corporation on Sunday evening announced joint action to stabilize the U.S. banking system, in response to the collapse of two mid-sized lenders, California's Silicon Valley Bank and New York's Signature Bank. (Photo by Li Jianguo/Xinhua)

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U.S. regulators close New York's Signature Bank following Silicon Valley Bank collapse

STORY: U.S. regulators close New York's Signature Bank following Silicon Valley Bank collapse DATELINE: March 14, 2023 LENGTH: 0:00:52 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of Signature Bank STORYLINE: New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception." This is according to a joint statement by the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC). The move came two days after California's Silicon Valley Bank (SVB) collapsed as depositors rushed to withdraw funds. Regulators promised that all depositors of Signature Bank "will be made whole," and "as with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer." The authorities also said "shareholders and certain unsecured debtholders will not be protected." Founded in 2001, Signature Bank is a New York state-chartered commercial bank. Xinhua News Agency c

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U.S.-NEW YORK-SIGNATURE BANK-CLOSURE

(230313) -- NEW YORK, March 13, 2023 (Xinhua) -- Photo taken on March 13, 2023 shows a Signature Bank branch in New York, the United States. New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement. (Xinhua/Zhang Mocheng)

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U.S.-NEW YORK-SIGNATURE BANK-CLOSURE

(230313) -- NEW YORK, March 13, 2023 (Xinhua) -- A security guard is seen inside a Signature Bank branch in New York, the United States, on March 13, 2023. New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement. (Xinhua/Zhang Mocheng)

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U.S.-NEW YORK-SIGNATURE BANK-CLOSURE

(230313) -- NEW YORK, March 13, 2023 (Xinhua) -- A pedestrian walks past a Signature Bank branch in New York, the United States, on March 13, 2023. New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement. (Xinhua/Zhang Mocheng)

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U.S.-NEW YORK-SIGNATURE BANK-CLOSURE

(230313) -- NEW YORK, March 13, 2023 (Xinhua) -- Customers wait inside a Signature Bank branch in New York, the United States, on March 13, 2023. New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-SIGNATURE BANK-CLOSURE

(230313) -- NEW YORK, March 13, 2023 (Xinhua) -- Customers wait inside a Signature Bank branch in New York, the United States, on March 13, 2023. New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-SIGNATURE BANK-CLOSURE

(230313) -- NEW YORK, March 13, 2023 (Xinhua) -- People are seen inside a Signature Bank branch in New York, the United States, on March 13, 2023. New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement. (Photo by Michael Nagle/Xinhua)