Washington — Page 10

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The Treasury Will More Than Double Its Government Debt Repurchases. Yields Are Sharply Lower.

Treasury Secretary Scott Bessent announced a plan to more than double buybacks of long-term U.S. debt, a 'Treasury twist' aimed at lowering borrowing costs. While yields initially fell, they quickly rebounded, with the 10-year closing the week near 4.73% and the 30-year at 5.24%. Analysts question the plan's effectiveness amid record $40 trillion debt, inflation concerns, and uncertainty over Fed policy.

3 outlets · 3 articles 6d ago

Trump Sent Thousands Of National Guard Troops To Fight Crime In Washington. What Are They Doing?

Roughly 4,500 National Guard troops in Washington outnumber the city's 3,200 police officers, yet a review of court records shows they appear in only 1.3% of criminal cases. Troops mostly handle minor incidents in affluent neighborhoods, with no court record of activity in areas where most murders occurred. The deployment, costing an estimated $1.65 million per day, has drawn praise from the White House and skepticism from local officials and residents.

2 outlets · 2 articles 6d ago

Mossad director, Syria foreign minister discussed Turkish military presence before strikes

Syria and Israel held high-level, US-mediated talks in Jordan on Sunday aimed at easing tensions after recent Israeli strikes, with discussions focused on halting attacks and reviving security negotiations. Foreign Minister Asaad al-Shaibani said Syria expects talks to resume soon despite a lack of trust, while reports of a separate meeting between al-Shaibani and Mossad chief Roman Gofman surfaced.

13 outlets · 20 articles 6d ago

US justice department defends prosecution of James Comey over ‘8647’ seashell post

The US Justice Department has defended its prosecution of former FBI director James Comey over a social media post showing seashells arranged to read '8647', arguing in court filings that the post could be read as a threat against President Donald Trump. Prosecutors said the decision to indict Comey was made by a local US attorney without direction from senior leadership, while Comey's lawyers and PEN America argue the post was protected speech.

2 outlets · 3 articles 6d ago

Iran warns Gulf nations against helping US as UAE halts trade ties

Iran's armed forces warned Gulf countries on Wednesday against assisting the U.S. military, hours after the United Arab Emirates announced it was halting all trade and financial dealings with Iran following an alleged missile attack. The UAE accused Iran of firing two ballistic missiles at its territory on Tuesday, a claim Tehran denied. The escalation comes amid a broader U.S.-Iran conflict centered on the Strait of Hormuz, with oil prices rising above $90 per barrel.

7 outlets · 8 articles 6d ago