US Threatened 2 Chinese Banks With Sanctions Over Suspected Iranian Transactions: Bessent

A vessel in the Strait of Hormuz, off the coast of Oman’s Musandam Province, on April 12, 2026. Reuters Two Chinese banks recently received letters from the U.S. Treasury threatening secondary sanctions if the agency can prove that Iranian money is flowing through their accounts, Treasury Secretary Scott Bessent said on April 15. The Treasury

Gas Prices Could Return to $3 by September: Treasury Secretary

A gas station in Los Angeles displays prices of gasoline on March 11, 2026. John Fredricks/The Epoch Times Treasury Secretary Scott Bessent says gasoline prices could ease back toward $3 a gallon by September following a sharp increase triggered by the war in Iran. The conflict—now nearing its eighth week—has driven a rapid surge in

LIVE NOW: House Armed Services Committee Holds Hearing on Military Readiness

The House Armed Services Committee holds a hearing on military readiness for fiscal year 2027 at 3:30 p.m. ET on April 15. Witnesses include: • Gen. Christopher C. LaNeve, vice chief of staff of the U.S. Army • Adm. James W. Kilby, vice chief of naval operations of the U.S. Navy • Gen. John Lamontagne,

Senate Rejects Resolution to Block Further Military Action Against Iran

The U.S. Capitol building in Washington on April 13, 2026. Madalina Kilroy/The Epoch Times The U.S. Senate on April 15 voted against advancing a resolution to halt further U.S. military operations against Iran. Senators voted 52-47 against advancing the bill. We had a problem loading this article. Please enable javascript or use a different browser.

Trump Says He’s Prepared to Nominate Multiple Supreme Court Justices

Supreme Court Associate Justices Samuel Alito (L) and Clarence Thomas wait for their opportunity to leave the stage at the conclusion of the inauguration ceremonies in the Rotunda of the U.S. Capitol in Washington on Jan. 20, 2025. Chip Somodevilla/Pool/AFP via Getty Images President Donald Trump in an interview that was aired Wednesday said he