US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters. In an interview, Bessent said he doubted the court…

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'Benchmark for countries': FATF hails India's asset recovery efforts; notes ED's role in returning defrauded funds

‘Benchmark for countries’: FATF hails India’s asset recovery efforts; notes ED’s role in returning defrauded funds

Watchdog FATF hails ED’s asset recovery efforts NEW DELHI: The Financial Action Task Force (FATF) acknowledged India’s efforts in recovering public assets lost to financial crimes, highlighting a money laundering case where land confiscated by the Enforcement Directorate (ED) was identified for the construction of a new airport that would serve the public.The acknowledgment comes…

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NYC mayoral race: Donald Trump threatens to cut federal funds; warns of ‘total disaster’ if 'communist' Zohran Mamdani wins election

NYC mayoral race: Donald Trump threatens to cut federal funds; warns of ‘total disaster’ if ‘communist’ Zohran Mamdani wins election

US President Donald Trump on Tuesday (Indian time) warned he would restrict federal funds for New York City if Democratic candidate Zohran Mamdani won the mayoral election, called the candidate a Communist, and predicted total economic disaster under his leadership. Posting on Truth Social, Trump lashed out at the NYC Democratic candidate, accusing him of…

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