The Latest Breaking News from the Treasury Department

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…

An expected 10% revenue decline is due to changes in taxpayer behavior and President Donald Trump's cuts to the IRS, according to The Washington Post.

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.

Marko Elez resigned from DOGE after unearthing of racist social media posts

The Department of Government Efficiency’s embed into the federal government has raised a host of concerns, transforming a debate over how to cut government waste into a confrontation over privacy rights and the nation’s financial standing in the world