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The Latest Breaking News from Treasury Department

US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste?

Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on projects of strategic interest? If President Donald Trump gets his way, then perhaps so.

The Conversation

A federal judge is to consider whether to block DOGE access to the US Labor Department

A federal judge will consider whether to block Trump adviser Elon Musk’s team from accessing systems at the Labor Department, which has investigated the billionaire’s companies

The Independent UK

Showmanship All Around

Plus: Parental backlash, cocaine and whiskey, and more...

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Senate Republicans Support Elon Musk's Influence In Government Efficiency

Senate Republicans support Elon Musk's efforts to promote efficiency and accountability in federal agencies while ensuring transparency and preventing conf...

Top News

Is DOGE a cybersecurity threat? A security expert explains the dangers of violating protocols and regulations that protect government computer systems

The Department of Government Efficiency (DOGE), President Donald Trump’s special commission tasked with slashing federal spending, continues to disrupt Washington and the federal bureaucracy. According to published reports, its teams are dropping into federal agencies with a practically unlimited mandate to reform the federal government in accordance with recent executive…

The Conversation

Judge restricts DOGE access to payments

A group of unions filed a lawsuit accusing Elon Musk's operation of illegally forcing access to payment systems

Salon

Elon Musk's DOGE Employees' Access to Treasury Restricted as Trump Admin Concedes to Lawsuit

Staffers and employees working for the Department of Government Efficiency, headed by billionaire Elon Musk, have been temporarily barred from accessing data in the Treasury Department's payment system by the Department of Justice.

Latin Times

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Nationwide Protests Sparked Against Trump And Musk

Movement against President Trump gains momentum with protests, Senate Democrats protest Vought nomination, Texas seeks border wall reimbursements, and Cali...

Top News

Administration agrees to restrict DOGE access to Treasury payment system - Roll Call

The Trump administration, in a court filing, said it would not expand access to Treasury Department payment system for Elon Musk's DOGE group.

Roll Call

Democratic plans to oppose Trump would need outside help - Roll Call

Democratic lawmakers raised alarms Tuesday about the speedy way the Trump administration has sought to overhaul the federal government.

Roll Call

Schumer To Introduce Legislation Combatting DOGE's Treasury Access

Senate Democratic Leader Chuck Schumer and House Democratic Leader Hakeem Jeffries plan to introduce legislation addressing concerns over access to Treasur...

Top News

Federal Unions Sue Treasury Department Over Elon Musk's Access

Federal unions sue Treasury Dept. over Elon Musk associates' access to payment system, citing privacy violations and legal prohibitions.

Top News

Protestors Plan for Week-Long Anti-Elon Musk Protests to Warn Others of His 'Illegal Decisions': 'Stop the Coup'

Protesters gathered outside the OPM, vowing to continue demonstrating through the week in opposition to what they described as an attempted "coup" by Elon Musk.

Latin Times

Trump isn't closely monitoring Musk as he does the 'dirty work' for him

Musk, the richest person in the world, has amassed wide-ranging authority without having a formal government role or congressional approval

The Independent UK

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Fortune

Giving Elon Musk’s DOGE access to the Treasury payment system raises the risk of a U.S. debt default and global financial crisis, senator warns

The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in disbursements a year.

Salon

Musk causes federal govt. chaos

The world's richest man has run roughshod over the federal government in the early days of Trump's second term

Top News

Treasury Department Recovers Million In Fraudulent Payments

Treasury Department recovers million in improper payments to deceased individuals, advocates for permanent access to death database.

The Independent UK

Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network

The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications companies and a breach of its own computer network

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Top News

Scott Bessent To Divest 1M Assets For Treasury Department Role

Scott Bessent, Treasury Secretary nominee, plans to divest 1 million assets to uphold ethical standards.

Top News

US Treasury Expands Sanctions On Russia And China Entities

U.S. Treasury Department expands sanctions on entities supporting Russia's war efforts in Ukraine, targeting Russian and Chinese companies for circumventin...

TechRadar

CISA says ‘no indication’ other US government agencies affected in Treasury hack

Recent ‘major incident’ was contained to the US Treasury Department, CISA confirms.

TechRadar

US Treasury declares ‘major incident’ after apparent state-sponsored Chinese hack

Documents reportedly stolen in security breach targeting the US Treasury Department.

Top News

President-Elect Trump Announces New Cabinet Picks Before Holiday Weekend

President-elect Donald Trump strategically unveils key cabinet picks, emphasizing Treasury Department appointment for media attention. Transition period pr...

International Business Times

US Treasury Taps Machine Learning AI To Recover $4 Billion In Fraud

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.

Latin Times

Ice Cream Chain and Pharmacy Sanctioned by the U.S. for Being Linked to the Sinaloa Cartel

Over the past two years, the Treasury Department has sanctioned more than 350 targets for involvement in drug trafficking activities

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