U.S. Department of the Treasury - Page 2

The Trump administration on Tuesday reimposed sanctions on Iranian oil and petrochemical sales after Tehran reportedly attacked three vessels near the Strait of Hormuz.

Trump Accounts are helping the next generation of Americans build wealth, said supporters of President Donald Trump’s Trump Accounts program, which formally launched over the Fourth of July weekend.

Mexico’s President Claudia Sheinbaum demanded that the U.S. government show proof after the U.S. Department of the Treasury sanctioned multiple cartel businesses that allegedly funded political campaigns in Mexico.

Iraqi investigators carried out a major anti-corruption operation on Sunday, raiding several homes in exclusive Baghdad neighborhoods and arresting dozens of prominent public figures.

“This is an important day for our nation and for the first lady,” Marc Beckman, executive senior adviser to first lady Melania Trump, said on Breitbart News Daily, previewing a new foster care initiative aimed at giving foster youth financial resources as they enter adulthood.

The Trump administration is weighing a plan to use frozen Iranian assets to help rebuild Gulf allies damaged by Tehran’s missile and drone attacks. The consideration comes even as Iranian officials demand the release of billions of dollars in those same funds as a condition for any broader agreement with Washington.

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Thursday, June 4.

The U.S. Treasury Department on Thursday announced new sanctions on Iranian oil sales in a bid to choke off funding for Iran’s military apparatus.

Treasury Sec. Scott Bessent has confirmed rumors that his department has prepared prototypes of a $250 bill featuring the president’s face, though an act of Congress would be needed to actually make such a bill a reality.

Ship trackers said on Thursday that two more tankers were able to pass through the Strait of Hormuz with their transponders turned off.

The promised Trump Accounts app is now available nationwide, delivering on ‌a key policy initiative that aims to deliver millions of investment accounts ‌for children.

Marxist streaming personality Hasan Piker expressed frustration at Democrats for failing to sufficiently defend him after he received a subpoena from U.S. federal officials to discuss his recent propaganda trip to Cuba.

Treasury Secretary Scott Bessent capped off financial literacy month, saying that financial literacy unlocks “opportunity for every American.”

The U.S. Treasury Department on Friday imposed sanctions against one of China’s “teapot refineries,” run by a company called Hengli Petrochemical in the port city of Dalian, for buying Iranian oil.

Treasury Secretary Scott Bessent testifies before the Senate Appropriations Subcommittee on Financial Services and General Government on Wednesday, April 22.

The suspected leader of one of Ireland’s largest criminal gangs was arrested in Dubai on Wednesday and is expected to face charges in his native country.

The U.S. Department of the Treasury has identified two cartel-connected groups in the border state of Tamaulipas, as well as three of their main operators. As part of the move, the U.S. government is freezing any related accounts and prohibiting U.S. citizens from doing business with the sanctioned individuals.

The U.S. Government publicly identified the main operator behind a cartel propaganda network that benefited one of Mexico’s most violent terrorist organizations. The man claimed to be a human rights activist. Numerous international news outlets routinely quote that individual, further pushing his pro-cartel propaganda.

A federal judge on Tuesday tossed an agreement from President Donald Trump’s Internal Revenue Service (IRS) that would have created an exemption to the Johnson Amendment and allowed churches to endorse political candidates to their congregations without risking their tax-exempt status.

Treasury Secretary Scott Bessent stated that the Trump administration has received more than 700 tips through a Treasury Department reporting portal as the department announced new steps aimed at uncovering fraud involving Medicare, Medicaid, and other government healthcare programs.

The Department of Education (ED) took a “historic” step of winding down its operations by shifting student lending to the Department of the Treasury.

Mexican military forces clashed with several gunmen from the Sinaloa Cartel, killing 11 of them. The shootout came as a result of a series of raids in a luxurious suburb of Culiacan, where forces arrested the daughter of jailed cartel kingpin Ismael “El Mayo” Zambada. Hours later, Mexican authorities released the woman despite U.S. authorities having identified her in the past as a money laundering operator for the cartel.

Republican Study Committee (RSC) and Congressional Real Estate Caucus members, led by Rep. Mark Alford (R-MO), are transmitting a letter Friday morning to Treasury Secretary Scott Bessent, urging the department to use existing authority to index capital gains calculations to inflation, arguing the change could be implemented administratively without requiring new legislation.

The U.S. Department of the Treasury has announced a series of sanctions against a resort in Mexico tied to timeshare scams run by the terrorist organization Cartel Jalisco New Generation. In response to the move by U.S. financial authorities, Mexico’s government has also frozen assets and imposed sanctions on the same resort and its operators.

The U.S. Department of the Treasury had previously identified and sanctioned the exclusive resort cabins in Jalisco where the terrorist leader Ruben Nemesio “El Mencho” Oseguera Cervantes had been hiding. The revelation highlights the impunity with which the drug boss operated in Mexico, where he felt safe staying in an area that had been identified by authorities since 2020.

Senate Republicans on Tuesday urged the Treasury Department and the United States Trade Representative (USTR) to combat illegal Chinese e-cigarettes.

WASHINGTON—President Donald Trump forecasted at Wednesday’s Trump Accounts Summit that the investment accounts will “put $3-$4 trillion of wealth into the hands of young Americans” over the next 15 years.

President Donald Trump speaks at the Trump accounts summit in Washington, DC, on Wednesday, January 28.

Breitbart News speaks with members of the Trump White House and lawmakers at a summit to detail the Trump accounts on Wednesday, January 28.

“Acting President” of Venezuela Delcy Rodríguez on Monday responded to “irrelevant and offensive statements” from Treasury Secretary Scott Bessent by asserting Venezuela “does not accept orders from any external factor.”

“The Iranian regime is engaged in a ritual of economic self-immolation,” Treasury Secretary Scott Bessent said Friday, as the Trump administration imposed new sanctions on Iran’s oil-export “shadow fleet” amid a widening crackdown on protesters and mounting U.S. pressure across the region.

Rep. Randy Feenstra has introduced legislation aimed at preventing individuals receiving public assistance from wiring money internationally, citing taxpayer abuse and recent high-profile fraud scandals as key motivations for the measure.

Treasury Secretary Scott Bessent announced sweeping new sanctions Thursday on senior Iranian officials and regime-linked financial networks, saying Tehran’s ruling elite are “rats fleeing the ship” as they frantically wire tens of millions of dollars out of the country amid mounting unrest.

The U.S. Treasury and State Departments designated several chapters of the Muslim Brotherhood terrorist organizations.

Argentina repaid the $2.5 billion it drew down from a $20 billion swap line that President Javier Milei signed with the administration of President Donald Trump, Secretary of the Treasury Scott Bessent announced over the weekend.

Cash payments will be waiting for whistleblowers who provide information related to Minnesota’s unfolding fraud scandal, U.S. Treasury Secretary Scott Bessent said Friday.