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The treasury secretary said Trump is contacting other world leaders to demand their support for the "economic asphyxiation" of the Iranian regime but he declined to say which countries and gave no deadline for action.
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The Treasury Department said it could begin to buy back more of its debt, and bond market investors are assessing the potential effects on borrowing costs.
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California Cancels Talks With Paramount Over Warner Bros. Merger The New York TimesParamount Says It Did Not Leak Discussions With California's Attorney General to the Press VarietyCalifornia AG Rob Bonta cancels Paramount settlement meeting, citing 'lack of good faith' CNBCReaders respond: Lawsuit costs could land on taxpayers OregonLive.com
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Prediction market traders doubtful Bessent's bond interventions will push yields lower CNBCWhat's Behind the U.S. Treasury's Latest Attempt to Lower Interest Rates The New York TimesUS Treasury to stick to debt auction schedule despite bigger buybacks, Bessent says Reuters
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Supreme Court Allows Trump Plan to Restrict Mail-In Voting, for Now The New York TimesSupreme Court backs Trump's order to curb mail ballots CNNCalifornia to sue Trump administration again over mail-in voting restrictions Sacramento BeeThe Supreme Court just revived Trump's attempt to sabotage the 2026 election vox.comSupreme Court hands preliminary win to Trump on mail-in ballots executive order
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Iran's rial currency hits new record low as US prepares to announce more sanctions AP NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesBessent to speak as Trump administration expected to unveil new Iran sanctions CBS NewsUS-Iran war latest: Iran's currency drops to record low against dollar as US set to unveil ‘economic D-Day' CNN
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