U.S. Department of the Treasury - Page 3

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Wednesday, June 11.

LONDON — American and Chinese delegations arrived at Lancaster House in London on Monday morning to begin a new round of trade negotiations, with rare-earth minerals and advanced technology at the center of the talks. The meeting follows a phone conversation last week between President Donald Trump and President Xi Jinping that helped pave the way for the diplomatic thaw.

Those household hoards of pennies many consumers keep in jars, cups and other containers may one day become more useful after the U.S. Treasury stops producing the iconic coin next year.

The State Department on Thursday accused Sudan’s military of using chemical weapons during its long and brutal civil war against the paramilitary Rapid Support Forces (RSF). The junta that rules Sudan denied the allegations and accused Washington of siding with the RSF.

The U.S. Department of the Treasury announced financial sanctions on three Mexican nationals and two Mexico-based entities allegedly involved in a drug trafficking and fuel theft network linked to the Cartel Jalisco Nueva Generacion (CJNG). The sanctions have been coordinated through the Department’s Office of Foreign Assets Control (OFAC) in conjunction with multiple federal law enforcement agencies. The intent is to disrupt the CJNG cartel’s ability to continue reaping profits from fentanyl trafficking and large-scale fuel smuggling activities.

The U.S. Department of the Treasury has unleashed a massive “pressure campaign” on violent cartels in the first 100 days of the Trump administration, with Treasury Sec. Scott Bessent sharing his progress on President Donald Trump’s vision for a “stronger, safer, and more prosperous America” exclusively to Breitbart News.

Treasury Secretary Scott Bessent on Tuesday announced that the Department sanctioned Seyed Asadoollah Emamjomeh and his corporate network, stating that he and his network sought to evade American sanctions.

Treasury Secretary Scott Bessent on Wednesday said that community bankers will play a pivotal role in revitalizing Main Street during President Donald Trump’s time in office.

The U.S. Department of the Treasury announced the targeting of a cartel boss behind one of the largest fentanyl seizures in Mexican history.

Trafficking fentanyl into the United States Is a billion-dollar enterprise for the Mexican drug cartels, the Treasury Department reported.

Hackers have reportedly spied on 100 email addresses belonging to U.S. Bank regulators at the Office of the Comptroller of the Currency for more than a year, gaining access to correspondence involving sensitive information regarding banks they oversee and agency deliberations, sources say.

The Treasury Department and DHS have reportedly finalized a deal that will help ICE agents more easily locate millions of illegal aliens.

The Internal Revenue Service (IRS) on Tuesday will launch an effort to update its technology systems to create the “most efficient” service that also protects taxpayers’ data.

President Donald Trump’s reciprocal tariffs have helped open trade negotiations between the United States and one of its key economic partners — Japan.

U.S. Treasury Secretary Scott Bessent announced a partnership between federal law enforcement agencies and international financial institutions to block Iran’s access to the global financial system.

President Donald Trump’s Treasury Department is issuing sanctions on criminal operations and money launderers working for the Sinaloa Cartel.

The Department of Justice (DOJ) on Thursday announced it has disrupted a Hamas terrorism financing scheme and seized about $201,400 in cryptocurrency.

President Donald Trump signed four executive orders on Tuesday, ranging from modernizing payments systems in the Department of the Treasury to election integrity measures to suspensions of security clearances.

The U.S. Treasury Department placed the leader of a cartel-connected human smuggling organization in its blacklist — a move that looks to freeze all of their assets and forbids any U.S. citizen from doing business with them.

Treasury Secretary Scott Bessent on Tuesday said that Internal Revenue Service whistleblowers who spoke out on the Hunter Biden case have been hired as senior advisors for the Treasury Department.

Treasury Secretary Scott Bessent told Breitbart News that President Donald Trump intends to bring “certainty” to the U.S. economy with tax relief and deregulation efforts.

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.

The Trump administration is moving to modernize the Internal Revenue Service’s (IRS) technologies to better serve the American taxpayer.

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.

Treasury Secretary Scott Bessent told Breitbart News exclusively on Thursday that President Donald Trump’s administration is employing an “all hands on deck” whole-of-government approach to undoing the damage to the economy that Democrats like former President Joe Biden left behind.

The U.S. Department of Justice (DOJ) announced Wednesday that 12 Chinese nationals have been indicted in a global “hackers-for-hire” scheme.

Treasury Secretary Scott Bessent said Friday on CNBC’s “Squawk Box” that President Donald Trump’s tariffs were a “one-time price adjustment.”

Treasury Secretary Scott Bessent said Sunday on CBS’s “Face the Nation” that he would be appointing an “affordability czar” to tackle hight prices effecting consumers.

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.

The Treasury Department sent $4.7 trillion dollars of payments without a code that links a Treasury payment to a budget line item, DOGE announced Monday, making the payments “almost impossible” to trace. 

Southern District of New York Judge Paul Engelmayer, an Obama appointee, issued a temporary restraining order on Sunday against DOGE accessing the payment systems

A Tennessee reverend has called for Christians to “get violent and fight” Elon Musk’s efforts to increase government efficiency.

President Donald Trump announced he had instructed Treasury Secretary Scott Bessent to have the Treasury Department stop making new pennies, explaining that it costs more than two cents to make them.

Elon Musk is taking aim at a federal judge who ruled against the Department of Government Efficiency (DOGE) accessing certain data from the U.S. Treasury Department.

A federal judge issued a ruling on Saturday, blocking Elon Musk and the Department of Government Efficiency (DOGE) from having access to Treasury Department data and records.

Attorneys general in over a dozen states are threatening to sue the Department of Government Efficiency (DOGE), led by Tesla CEO and X owner Elon Musk, citing privacy concerns.