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The Latest Breaking News from the Treasury Department

Trump Administration Disrupts Federal Government Operations

Elon Musk's Department of Government Efficiency and Trump administration's disruptive actions face legal challenges and public outcry, raising concerns abo...

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

Top Democrat rips Chuck Schumer for 'depressing' video of him chanting during Musk protest

Democratic lawmakers and voters have expressed frustration of the party’s lack of consistent messaging and efforts to push back on Donald Trump’s agenda

The Independent UK

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Ayanna Pressley Criticizes Elon Musk At Rally

Ayanna Pressley criticizes Elon Musk, who defends his involvement in the DOGE initiative. Treasury Department reviews continue smoothly.

Top News

A 25-year-old Elon Musk acolyte has access to 'nearly all payments made by U.S. government’

DOGE employee Marko Elez has allegedly been granted administrator-level privileges to read and write code on two highly sensitive payment systems

The Independent UK

Treasury Faces Legal Challenge Over Data-Sharing Deal With Musk's DOGE

The lawsuit, filed in federal court in Washington, followed reports that Treasury Secretary Scott Bessent authorized the data-sharing arrangement with Elon Musk-led DOGE, last weekend.

International Business Times

Elon Musk's troll takeover is no joke

Musk's illegal government takeover is scary on its own — but the people he's bringing along make it even worse

Salon

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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

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

Treasury official pushed out by Musk

Musk reportedly sought to access the system responsible for paying Social Security benefits and federal contracts

Salon

MAGA lawmaker wonders ‘did DEI play a role’ in the deadly DC plane crash

‘At this time, you hate to jump to any conclusions,’ Rep. Andy Ogles said before suggesting diversity, equity and inclusion initiatives could be to blame.

The Independent UK

Bessent confirmed as treasury secretary

Bessent is one of 13 billionaires tapped to join Trump's administration

Salon

Senate To Vote On Treasury Secretary Confirmation

Senate prepares to confirm Scott Bessent for Treasury Department, focusing on extending tax cuts and the impact of the 2017 Tax Cuts and Jobs Act on the ec...

Top News

Bitcoin soars past $109,000 ahead of possible early action on crypto by Trump

The price of bitcoin has surged to over $109,000 just hours ahead of President-elect Donald Trump's inauguration, as a pumped up cryptocurrency industry expects early action by him soon after he takes office

The Independent UK

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Treasury Department Recovers Million In Fraudulent Payments

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

The Independent UK

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

Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week

The Independent UK

Proposed rules would require nutrition info, allergen warnings on alcohol labels

Labels on wine, distilled spirits and malt beverages in the U.S. would be required to list alcohol content and nutritional information per serving, plus notification of potential allergens, under two new rules proposed Thursday by the Treasury Department

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International Business Times

US Blacklists Sudan Army Chief As Blinken Regrets Failure To End War

The United States on Thursday imposed sanctions on Sudan's army chief days after blacklisting his main rival, as outgoing Secretary of State Antony Blinken voiced regret at his failure to end the brutal war.

The Independent UK

New US sanctions target Sudan's warring military leader

The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that country

Top News

Scott Bessent Vows Economic Prosperity Under Trump Administration

Scott Bessent, Trump's Treasury nominee, optimistic about economic growth and facing scrutiny from Democratic lawmakers.

Top News

Sen. Graham Praises Trump's Treasury Nominee Scott Bessent

Sen. Lindsey Graham supports Scott Bessent as Treasury nominee, highlighting qualifications and alignment with Trump's agenda.

Top News

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

Hedge-Fund Manager Scott Bessent To Divest Assets If Confirmed

Scott Bessent, Treasury nominee, pledges transparency by divesting assets and resigning from firm to address conflicts of interest.

International Business Times

FBI Director Christopher Wray Warns Terror Threats Are 'Closer Than They Appear' In Parting Message

President-elect Donald Trump has repeatedly criticized Wray, whom he nominated in his first term. Kash Patel has been nominated to replace him

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