Federal authorities said they have identified about $270 million in possible fraud linked to student aid programs, the news coming as President Donald Trump’s administration continues its crackdown to protect taxpayer money.
The U.S. Treasury Department announced on Tuesday that Bank of America has been fined over $1.2 billion for violating sanctions and failing to report national security risks.
A new series of actions by the U.S. Department of the Treasury highlights the way one of the most sadistic terrorist organizations in Mexico — responsible for mass killings and incinerations — uses horse racing, construction companies, and gas companies to launder their proceeds and also fund political campaigns.
The U.S. Department of Treasury’s Operation Economic Outcast is pressuring the remainder of Iran’s shadow fleet with new sanctions, continuing the Trump administration’s effort to stop billions of dollars’ worth of oil and petroleum products from moving through the country’s aging network of off-the-books tankers.
A top U.S. banking regulator announced new efforts aimed at combating fraud in Minnesota during a discussion with community bank leaders Tuesday.
The U.S. Department of Treasury said it has achieved significant savings from its program to prevent fraud and improper payments.
Iran is set to have no oil at sea and no oil revenue this week for the “first time in history,” Treasury Secretary Scott Bessent said as Tehran’s top security official issued a rare warning over the country’s deepening economic crisis.
A Mexican politician who is the ex-husband of a current border state governor is one of 21 individuals tied to the Sinaloa Cartel who are facing a new set of sanctions from the U.S. Department of the Treasury.
President Donald Trump said Tuesday that Iran is “doing very poorly” and will ultimately “give up,” as the regime’s currency plunged to another record low under intensifying U.S. economic pressure aimed at further isolating Tehran and cutting off its oil revenue.
Treasury Secretary Scott Bessent warned Sunday that Iran will have “nothing left to trade for anything” within roughly two weeks as its remaining oil reaches China, arguing that the Trump administration’s economic campaign has brought Tehran “to its knees” and is driving the regime to seek a deal.
Treasury Secretary Scott Bessent said Wednesday that Iran’s regime has been reduced to “cornered animals” as the United States combines military force, a naval blockade, and an unprecedented financial offensive designed to cut off Tehran’s “financial oxygen,” predicting that under the mounting pressure, “they’re going to yell uncle.”
The House of Representatives has unanimously voted to pass the Common Cents Act, which would send the United States penny into extinction.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Russian financial institution VTB Bank for its continued involvement in assisting Iranian sanctions evasion. VTB is known to have over one thousand branches worldwide.
Treasury Secretary Scott Bessent announced during the Breitbart News “State of the Economy” policy event Tuesday that the Trump administration has imposed sanctions on an Iranian airline and plan to sanction another bank this week.
Treasury Secretary Scott Bessent said at Breitbart’s State of the Economy event on Tuesday in Washington that automatic enrollment was coming for Trump Accounts to make every American child under 18 eligible.
There have been a million jobs created under the Trump administration, and that’s why wage growth is strong, Treasury Secretary Scott Bessent said during a policy event with Breitbart News on the state of the economy.
Stopping mass migration means working Americans make more money and have more jobs, Treasury Secretary Scott Bessent said during the Breitbart News “State of the Economy” policy event Tuesday, describing the underlying fundamentals of the economy as “fantastic and accelerating.”
The Trump administration is waging an unprecedented campaign to isolate Iran economically, combining a naval blockade with sweeping sanctions as top officials say the pressure will continue until Tehran changes course — or its government does.
Iran is down to roughly two months of gasoline as the U.S. blockade and President Donald Trump’s escalating economic offensive choke off the regime’s oil exports and remaining financial lifelines — a rapidly worsening crisis that Treasury Secretary Scott Bessent on Friday branded the “Jaws of Death for the Iranian Economy.”
Treasury Secretary Scott Bessent called on artificial intelligence (AI) and data center companies to improve their messaging in comments at the G20 Finance Ministers meeting in Asheville, North Carolina, saying they, “Have done a horrendous job of explaining themselves to the American people.”
President Donald Trump’s face is officially on U.S. currency with the rollout of the official Semiquincentennial President Donald J. Trump 2026 $1 Coin.
JP Morgan Chase CEO Jamie Dimon touted the inclusion of private sector leaders at the G20 Finance Ministers meeting in Asheville, North Carolina, supporting the focus of economic growth by Treasury Secretary Scott Bessent at the event.
U.S. Treasury Secretary Scott Bessent told reporters the G20 was getting back to basics ahead of a full day of meetings at the G20 Finance Minsters meeting in Asheville, NC taking place Monday and Tuesday.
Iranian President Masoud Pezeshkian acknowledged Friday that the U.S. blockade has slashed Iran’s trade and left critical imports — including gasoline — unable to enter the country, as the Trump administration intensifies an economic offensive aimed at isolating a regime already confronting mounting hardship and the threat of renewed unrest.
The U.S. Department of Treasury is focused on economic growth at the upcoming G20 Finance Ministerial meeting, in contrast to the Biden administration’s preoccupation with carbon and climate change.
Breitbart News is hosting a major policy event with Treasury Secretary Scott Bessent on September 8, focusing on the state of the economy just months ahead of the pivotal midterm elections.
Treasury Secretary Scott Bessent said Wednesday that the United States will continue cutting the financial lifelines of violent far-left groups, announcing sanctions against three organizations and two individuals.
Treasury Secretary Scott Bessent declared Tuesday that Iran’s leadership is already “panicking” under President Donald Trump’s mounting economic offensive — pointing to stark warnings from Tehran’s own president and parliament speaker about the country’s deteriorating economy while vowing to continue severing the regime’s financial lifelines until it “stands alone.”
Iran threatened to treat support by “any country” for the Trump administration’s newly launched global economic offensive against Tehran as an “act of war,” vowing a response “more decisive than ever” as Washington moved Monday to sever the regime’s remaining financial lifelines.
Cheats should never prosper. The Trump administration heeds that ethos and has stopped illegal immigrants from profiting off kickbacks drawn from four major refundable tax credit programs.
President Donald Trump is preparing to dramatically escalate his “Economic Fury” campaign against Iran, with new measures coming next week, Treasury Secretary Scott Bessent warned Thursday.
Profits for human smugglers, mainly the Mexican drug cartels, are down significantly, a Treasury Department report details, as President Donald Trump’s policies have drastically cut illegal immigration at the nation’s borders.
President Donald Trump said Sunday the United States is “low keying” its approach to Iran, signaling he is prepared for now to let mounting economic pressure squeeze Tehran rather than launch another major military offensive.
House Budget Committee Chairman Jodey Arrington (R-TX) told Breitbart News that fraud across the federal government has reached what he considers a crisis, saying Congress needs to give investigators more personnel, modern technology, and authority as he pushes legislation investing $28 billion to combat fraud in Medicare and Medicaid.
Treasury Secretary Scott Bessent said seven million children have enrolled in Trump Accounts since the program launched July 4, describing the investment accounts as a way to expand financial literacy by giving young Americans real-time experience with saving and investing.
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Friday that it issued an alert to financial institutions about fraudsters creating schemes to target Federal Student Aid programs.
The U.S. Treasury Department stopped nearly $100 million in federal payments that have been going out to deceased individuals after establishing a government-wide payment verification process last year.
Social Security Administration (SSA) Commissioner and IRS CEO Frank Bisignano said Tuesday that he and other government officials will continue “to drive out fraud, waste, and abuse” after uncovering nearly $100 million in federal payments associated with dead people.
The U.S. Department of the Treasury has formally designated two more Mexican drug cartels as foreign terrorist cartels. The move brings the number to eight separate cartels that are considered to be Foreign Terrorist Organizations by the United States government.
Treasury Secretary Scott Bessent will reveal the U.S. Treasury Department’s plans to crack down on the finances behind “transnational political terrorism” during an address to dignitaries gathered at the U.S. State Department on Thursday, Breitbart News has learned exclusively.
