The Latest Breaking News from the Treasury Department

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.

Majed al-Zeer says the US claim that he is a Hamas representative in Europe is an attempt to discourage his activism.

The Treasury Department sanctioned Ly Yong Phat and entities he controlled over their role in the abusive treatment of workers in online scam centers

The United States indicted two employees of Russia's RT and imposed sanctions on top editors of the state-funded news outlet on Wednesday, accusing them of seeking to influence the 2024 US presidential election.

The new regulations are part of President Joe Biden's administration's goal to prevent laundered money from flowing through the U.S. financial system.

The Treasury Department has issued new regulations aimed at making it harder for criminals to launder money by paying cash for residential real estate

New Treasury regulations target money laundering in real estate transactions to enhance transparency and combat financial crime.

There is renewed talk about Gary Gensler possibly being considered as Treasury Secretary under a Harris administration, but the latest speculation is that Sen. Elizabeth Warren herself planted the rumor.

The crypto community has been divided by Polymarket results, and crypto users have been divided by digital coin rivalries, but this time, they are united against the idea of SEC Chair Gary Gensler taking the reins of the Treasury Department should VP Kamala Harris win in November.