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The Latest Breaking News from Treasury Department

US budget deficit grows to $1.3 trillion, the second highest six-month level on record

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year

The Independent UK

US sanctions Sinaloa Cartel associates for alleged money laundering

The U.S. Treasury Department has sanctioned six people and seven companies it said were involved in money laundering for factions of the Sinaloa Cartel

The Independent UK

IRS braces for $500bn drop in revenue as taxpayers skip filings in wake of DOGE cuts at agency

Individuals were ‘wagering that auditors will not examine their accounts’ amid DOGE’s plans to downsize the IRS by nearly 20 percent ahead of tax filing season

The Independent UK

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Treasury ends enforcement of business ownership database meant to stop shell company formation

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation

The Independent UK

Federal Judge Extends Ban On Elon Musk's DOGE Access

Judge extends ban on Elon Musk's DOGE team accessing Treasury data due to cybersecurity concerns. Ruling emphasizes critical need for safeguarding data.

Top News

Judge upholds ban on DOGE accessing sensitive Treasury information, for now

A federal judge in Manhattan has extended a ban on Elon Musk’s Department of Government Efficiency accessing sensitive Treasury Department information, but rejected broader restrictions sought by 19 Democratic state attorneys general who sued over the issue

The Independent UK

Elon Musk not in charge of DOGE and has no decision-making authority, says White House

The White House clarifies that Elon Musk is not an employee of the US DOGE

The Independent UK

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Federal Judge Extends Order Blocking Elon Musk's Team Access

Federal judge extends order blocking Elon Musk's team from accessing critical Treasury payment system amid security concerns.

Top News

Treasury watchdog begins audit of Musk DOGE team's access to federal government's payment system

The Treasury Department’s Office of Inspector General says it's launching an audit of the security controls for the federal government’s payment system

The Independent UK

A 25-year-old DOGE staffer was mistakenly given edit access to the Treasury Department’s payment system

A 25-year-old DOGE staffer, who resigned after being linked to racist social media posts, was briefly given edit access to the Treasury Department’s payment system.

Fortune

Musk Aide Given Payment System Access By Mistake: US Official

The employee, Marko Elez -- who had no federal government status -- resigned Friday after being linked to a racist social media account, only for Musk to announce that he was being reinstated.

International Business Times

Judge set to rule on Justice Department's demands that Musk resume access to Treasury records

A federal judge is likely to quickly decide whether to let Elon Musk's Department of Government Efficiency resume accessing Treasury Department records containing sensitive personal data for millions of Americans after lawyers in the dispute could not resolve their differences

The Independent UK

DOGE's access to Treasury data risks US financial standing and raises security worries, experts warn

The Department of Government Efficiency’s embed into the federal government has raised a host of concerns, transforming a debate over how to cut government waste into a confrontation over privacy rights and the nation’s financial standing in the world

The Independent UK

Labor unions sue to block DOGE access to sensitive information at US agencies

A coalition of labor unions filed a lawsuit Monday asking a federal court to stop Elon Musk’s team from accessing private data at the Education Department, the Treasury Department and the Office of Personnel Management

The Independent UK

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Top News

Trump Administration Fights Court Order Restricting Treasury Department Access

Legal dispute over Treasury payment system access raises security concerns and scrutiny on political appointees.

Top News

Trump Administration Challenges Judicial Oversight Amid Pushback

Trump administration faces legal challenges over executive power and government efficiency initiatives, sparking debate over separation of powers.

Roll Call

Trump administration pans judge's order limiting Treasury system access - Roll Call

The Trump administration urged a federal judge to roll back an order that restricted access to a critical Treasury Department payment system.

Top News

Subcontractor Terminated Over Treasury Department Threat Assessment Warning

Booz Allen Hamilton terminates subcontractor over Treasury Department threat assessment draft report.

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Reason

Muskgate

Another week, another court order restraining the President from violating the law - only 205 more weeks to go!

Latin Times

Federal Judge Blocks Elon Musk's DOGE From Accessing Treasury Department Records

A federal judge early Saturday slammed the brakes on Elon Musk's government reform committee from accessing Treasury Department data that includes the Social Security information and bank account numbers of millions of Americans, according to reports.

Top News

Federal Judge Restricts Elon Musk-Led Team's Access To Treasury System

Federal judge restricts Elon Musk-led government efficiency team's access to Treasury Department system due to security concerns.

The Conversation

US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste?

Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on projects of strategic interest? If President Donald Trump gets his way, then perhaps so.

The Independent UK

A federal judge is to consider whether to block DOGE access to the US Labor Department

A federal judge will consider whether to block Trump adviser Elon Musk’s team from accessing systems at the Labor Department, which has investigated the billionaire’s companies

Reason

Showmanship All Around

Plus: Parental backlash, cocaine and whiskey, and more...

Top News

Senate Republicans Support Elon Musk's Influence In Government Efficiency

Senate Republicans support Elon Musk's efforts to promote efficiency and accountability in federal agencies while ensuring transparency and preventing conf...

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