Treasury Department

Report: Trump Considers More Russia Sanctions as EU Eases Theirs

CBS News reported on Thursday that the Trump administration is considering further restrictions on Russian oil, gas, and banking, even as the European Union (EU) prepares to remove several ultra-rich Russian oligarchs from its sanctions list under pressure from Hungary and Slovakia.

In this pool photograph distributed by the Russian state agency Sputnik, Russia's Presiden

Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser-Focused on Getting this Deficit Under Control’

Treasury Secretary Scott Bessent told Breitbart News exclusively that President Donald Trump’s administration is “laser-focused” on cutting the deficit and getting spending “under control,” part of his larger vision of “reprivatization” of the U.S. economy so economic growth is no longer dependent on government spending but instead on private sector growth.

Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser-Focus

Iran Claims Talks with U.S. Would Turn It into the Next Ukraine

Former Iranian parliamentarian Mohammad-Javad Larijani told the Iranian Labor News Agency (ILNA) on Tuesday that Iran refuses to hold talks with the Trump administration because it fears the U.S. would use economic leverage to control Tehran, as it is allegedly doing with Ukraine.

GENEVA, SWITZERLAND - OCTOBER 31:Iranian Human Rights Chief Mohammad-Javad Larijani attend

Congress Demands Answers from Treasury Department After Chinese Hacker Attack

Sen. Tim Scott (R-SC), ranking member of the Senate Committee on Banking, Housing and Urban Affairs, and Rep. French Hill (R-AR), vice chair of the House Financial Services Committee, on Thursday wrote to Treasury Secretary Janet Yellen demanding more details of a cyberattack on Treasury’s computer systems allegedly perpetrated by hackers linked to the Chinese government.

U.S. Treasury Secretary Janet Yellen testifies about the Biden Administration's FY2024 fed