Bessent

Treasury Secretary Scott Bessent on Thursday called on Congress to suspend the federal gas tax, pressing lawmakers to deliver direct relief to American drivers still absorbing a massive price spike tied to the ongoing U.S.-Israeli war with Iran.

The U.S. Treasury has launched an effort to combat fraud networks in Minnesota to strengthen the state's financial system and protect taxpayers.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) placed sanctions on the Lex Instituto de Estudos Juridicos LTDA (Lex Institute) for its support of Brazilian Supreme Federal Court (STF) Justice Alexandre de Moraes.

President Trump will reimpose steep foreign tariffs beginning August 1 if countries fail to sign trade agreements that meet U.S. terms.

The Trump administration has sanctioned three Mexican financial firms—CIBanco, Intercam Banco, and Vector Casa de Bolsa—for laundering drug cartel money tied to fentanyl production.

reasury Secretary Scott Bessent sharply rebuked California Governor Gavin Newsom on June 8, warning that if Newsom withholds federal tax payments—citing California’s $80 billion net contribution versus receipts—it would amount to criminal tax evasion.

Treasury Secretary Scott Bessent delivered a forceful call for reform Wednesday, urging the International Monetary Fund (IMF) and World Bank to return to their founding missions and abandon political distractions that are undermining global financial stability.