The Latest Breaking News from Treasury Department

President Donald Trump's tariffs poured billions into U.S. coffers in July, setting yet another monthly record for customs duty collections. Treasury Department data released Tuesday shows $27.7 billion in duties came in last month — up from $26.6 billion in June and $22.2 billion in May, and more than triple…

The U.S. government’s gross national debt has surpassed $37 trillion, setting a new record

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year

The U.S. Treasury Department has sanctioned six people and seven companies it said were involved in money laundering for factions of the Sinaloa Cartel

Individuals were ‘wagering that auditors will not examine their accounts’ amid DOGE’s plans to downsize the IRS by nearly 20 percent ahead of tax filing season

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation

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

A federal judge in Manhattan has extended a ban on Elon Musk’s Department of Government Efficiency accessing sensitive Treasury Department information, but rejected broader restrictions sought by 19 Democratic state attorneys general who sued over the issue

The White House clarifies that Elon Musk is not an employee of the US DOGE