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scott+bessent

News

Trump Strikes Kharg Island, Threatens Iran’s Oil Facilities

By Wayne Dupree

The U.S. bombed Iran's primary crude export hub Friday but spared the oil facilities, leaving a loaded ultimatum over the Strait of Hormuz

News

Hormuz Traffic Collapses to 5 Ships as Iran War Enters Week Three

By Wayne Dupree

A waterway that normally moves 20 million barrels a day is down to a trickle, with no Navy escort in sight

News

Iran’s Gulf Apology Is a War Strategy, Not a Peace Signal

By Wayne Dupree

While global media frames Pezeshkian's apology as a de-escalation move, the diplomatic calculus behind it points to something more calculated: separating Arab neighbors from the U.S.-Israeli coalition

News

Tariff Revenue Promised Trillions. The Bill Just Came Due After Court Ruling

By Wayne Dupree

A Supreme Court ruling erased the White House's fiscal centerpiece, and the CBO says the hole is $2 trillion deep

News

DOJ Seeks Four-Month Delay on Tariff Refunds After Missing Court Deadline

By Wayne Dupree

The administration promised courts that refunds would be simple if the tariffs lost — now it's calling the same process too complex to rush

News

Trump’s 150-Day Tariff Clock Gives Allies Reason to Wait

By Wayne Dupree

After the Supreme Court struck down IEEPA tariffs, the replacement Section 122 duties expire in five months — and Congress may lack the votes to extend them

News

Trump Tariff Backup Plan Faces Legal Limits Court Erased

By Wayne Dupree

President announces 10% global tariff under Section 122 and new Section 301 investigations, but alternative statutes carry restrictions IEEPA did not

News

Mamdani Budget Plan Forces NYC Tax Hike Debate Into Open

By Wayne Dupree

New York's democratic socialist mayor proposes a 9.5 percent property tax increase as a "last resort" while demanding Albany raise taxes on the wealthy, but fiscal watchdogs say the city has a spending problem no tax hike can solve

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