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The Latest Breaking News from Treasury Department

Nationwide Protests Sparked Against Trump And Musk

Movement against President Trump gains momentum with protests, Senate Democrats protest Vought nomination, Texas seeks border wall reimbursements, and Cali...

Top News

Administration agrees to restrict DOGE access to Treasury payment system - Roll Call

The Trump administration, in a court filing, said it would not expand access to Treasury Department payment system for Elon Musk's DOGE group.

Roll Call

Democratic plans to oppose Trump would need outside help - Roll Call

Democratic lawmakers raised alarms Tuesday about the speedy way the Trump administration has sought to overhaul the federal government.

Roll Call

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Schumer To Introduce Legislation Combatting DOGE's Treasury Access

Senate Democratic Leader Chuck Schumer and House Democratic Leader Hakeem Jeffries plan to introduce legislation addressing concerns over access to Treasur...

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Federal Unions Sue Treasury Department Over Elon Musk's Access

Federal unions sue Treasury Dept. over Elon Musk associates' access to payment system, citing privacy violations and legal prohibitions.

Top News

Protestors Plan for Week-Long Anti-Elon Musk Protests to Warn Others of His 'Illegal Decisions': 'Stop the Coup'

Protesters gathered outside the OPM, vowing to continue demonstrating through the week in opposition to what they described as an attempted "coup" by Elon Musk.

Latin Times

Trump isn't closely monitoring Musk as he does the 'dirty work' for him

Musk, the richest person in the world, has amassed wide-ranging authority without having a formal government role or congressional approval

The Independent UK

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Giving Elon Musk’s DOGE access to the Treasury payment system raises the risk of a U.S. debt default and global financial crisis, senator warns

The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in disbursements a year.

Fortune

Musk causes federal govt. chaos

The world's richest man has run roughshod over the federal government in the early days of Trump's second term

Salon

Treasury Department Recovers Million In Fraudulent Payments

Treasury Department recovers million in improper payments to deceased individuals, advocates for permanent access to death database.

Top News

Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network

The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications companies and a breach of its own computer network

The Independent UK

Scott Bessent To Divest 1M Assets For Treasury Department Role

Scott Bessent, Treasury Secretary nominee, plans to divest 1 million assets to uphold ethical standards.

Top News

US Treasury Expands Sanctions On Russia And China Entities

U.S. Treasury Department expands sanctions on entities supporting Russia's war efforts in Ukraine, targeting Russian and Chinese companies for circumventin...

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CISA says ‘no indication’ other US government agencies affected in Treasury hack

Recent ‘major incident’ was contained to the US Treasury Department, CISA confirms.

TechRadar

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TechRadar

US Treasury declares ‘major incident’ after apparent state-sponsored Chinese hack

Documents reportedly stolen in security breach targeting the US Treasury Department.

Top News

President-Elect Trump Announces New Cabinet Picks Before Holiday Weekend

President-elect Donald Trump strategically unveils key cabinet picks, emphasizing Treasury Department appointment for media attention. Transition period pr...

International Business Times

US Treasury Taps Machine Learning AI To Recover $4 Billion In Fraud

The Treasury Department's recovery this fiscal year, a significant jump from the $652.7 million recovered in FY23, is driven by the Office of Payment Integrity (OPI) within the Bureau of the Fiscal Service strengthening its fraud prevention efforts.

Latin Times

Ice Cream Chain and Pharmacy Sanctioned by the U.S. for Being Linked to the Sinaloa Cartel

Over the past two years, the Treasury Department has sanctioned more than 350 targets for involvement in drug trafficking activities

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Latin Times

Treasury Department freezes assets of Jalisco Cartel over alleged fentanyl trafficking

The U.S. will also prevent Americans from doing business with Mexican companies linked to the men

Top News

Treasury Department Warns Against State Laws Restricting Banks

Treasury Department warns against state laws limiting banks from considering ESG factors, citing national security risks.

Roll Call

Treasury seeks tighter rules on US investment in China tech - Roll Call

The Treasury Department proposed further limiting U.S. investment flowing into China’s artificial intelligence and supercomputer technologies.

Top News

Italian Animation Company Fined For Violating US Sanctions On North Korea

Italian animation company fined for violating US sanctions by outsourcing work to North Korean studio. US Treasury imposes 8,000 penalty.

Top News

Treasury Department Takes Action Against Drug Cartel Financing

Treasury Secretary Janet Yellen announces sanctions on individuals linked to drug cartel smuggling fentanyl into the U.S. as part of Biden administration's...

Roll Call

Rules on clean energy prevailing wage, apprenticeships finalized - Roll Call

The Biden administration on Tuesday announced final rules for prevailing wage and apprenticeship requirements on clean energy projects.

International Business Times

US Unveils Sweeping Sanctions Targeting Russia Over Ukraine War

The United States announced a raft of sanctions Wednesday aimed at constraining Moscow's war in Ukraine while raising the stakes for foreign banks that still deal with Russia, ahead of G7 leaders' talks this week.

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