The Latest Breaking News from the Treasury Department

Without a drastic reimagining of our systems, we face a poverty crisis

On March 6, 2025, U.S. President Donald Trump issued an executive order to establish a Strategic Bitcoin Reserve alongside a stockpile of other cryptocurrencies—including Ethereum, XRP, Solana, and Cardano—both managed by the Treasury Department. This move represents a significant shift in the United States' approach to digital currencies, as the…

White House crypto summit reveals some details on the new strategic bitcoin reserve. President Trump is expected to speak.

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

Federal judges in Virginia and New York issue split rulings on DOGE's access to Treasury data, with restrictions remaining in place.

Federal judge extends block on DOGE representatives' access to Treasury data pending compliance with training and vetting requirements.

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

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.

Bipartisan support for President Trump's decision to eliminate the penny due to cost inefficiency in production.