The Latest Breaking News from the Treasury Department

In a big legal win for the cryptocurrency industry, a U.S. appeals court has overturned sanctions imposed by the Treasury Department on popular cryptocurrency mixer, Tornado Cash, causing the price of the associated coin to zoom 430%.

The U.S. House of Representatives has passed a bill that would empower the Treasury Department to eliminate the tax-exempt status of any nonprofit it deems to be supporting terrorism. The Stop Terror-Financing and Tax Penalties on American Hostages Act was approved in a 219-184 vote, with all but one Republican…

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.

Lawmakers hoping to stanch the flow of U.S. money into China’s tech sectors are appending the measure to a must-pass defense policy bill.

US Treasury sanctions individuals linked to Iranian election interference activities in efforts to protect US electoral integrity.

The Treasury Department also imposed sanctions on one of the men and a virtual currency exchange operating in Russia

Rep. Mark Alford criticizes Secret Service leadership and calls for restructuring under Treasury Department.

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