Treasury Department
@USTreasury
Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States. Led by 79th Treasury @SecScottBessent
195 Following 1.2M Followers
.@SecScottBessent: “We saw the PMI numbers today—the strongest since 2021. We have seen over a million private-sector jobs created. We are seeing real wage growth. Unlike under the Biden administration, where we had negative wage growth, we are seeing substantial wage growth here. That wage growth is going to continue.”
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WATCH IN FULL: @SecScottBessent interview on @SquawkCNBC
Today, as part of Operation Economic Outcast, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated key components of the Iranian regime’s digital assets-based sanctions evasion infrastructure. Targets include BitBank, a priority digital assets venture controlled by OFAC-designated Iranian financier Babak Zanjani; BitBank’s developer, Pishtaz Simorgh Electronic Trade Company; and three associates of Zanjani.
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WATCH: JPMorgan Chase Chairman and CEO Jamie Dimon discusses how President Trump’s policies are supporting growth across America
Today, under Operation Economic Outcast, the U.S. Department of the Treasury’s Office of Foreign Assets Control designated prominent Russian financial institution VTB Bank for its involvement in Iranian sanctions evasion, including establishing correspondent relationships with sanctioned Iranian banks. Operation Economic Outcast continues to sever the remaining economic lifelines that sustain the Iranian regime.
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Remembering September 11, 2001.
On the 25th anniversary of the attacks, we pause to reflect on the lives lost, the resilience of our Nation, and the extraordinary service and sense of duty that have guided so many of our public servants every day since.
Treasury’s Office of Terrorism and Financial Intelligence was created in response to 9/11, marking a new chapter in Treasury’s role in protecting our Nation’s security.
We will never forget.
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The U.S. Department of the Treasury today announced that @FinCENnews has identified approximately $17.5 billion in suspicious financial activity potentially linked to health care fraud, underscoring @POTUS’ commitment to eliminating fraud, protecting taxpayers, and safeguarding the integrity of federal health care programs.
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Today, Treasury’s Office of Foreign Assets Control sanctioned Transnational Criminal Organization Xinbi Guarantee, a Chinese-language platform used extensively by Chinese cybercriminals to support cyber scams, fraud, money laundering, and other criminal activity targeting Americans.
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U.S. Treasury Secretary Scott Bessent Fireside Chat at SMU Cox School of Business
Today, under Operation Economic Outcast, Treasury’s Office of Foreign Assets Control sanctioned 36 targets for supporting Iran’s aviation sector, which the regime uses to move weapons, personnel, and illicit cargo. Today’s action also targeted covert front companies, foreign intermediaries, and deceptive transshipment routes that Iran relies on to obtain U.S.-origin aircraft and sensitive technology. In addition, @FinCENnews issued an Alert asking financial institutions to report procurement networks supporting Iran’s aviation industry.
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.@SecScottBessent: “When I think about the Working Families Tax Cut, One Big Beautiful Bill, what was beautiful about that bill is the symmetry of it. On one side, it was the powerful incentives: 100% expensing. And then, on the other side, the President’s four signature tax policies: No Tax on Tips, No Tax on Overtime, reduced taxes on Social Security—85% of our seniors will not pay taxes on Social Security—and deductibility on interest for American-made cars. You are powering this manufacturing and business boom, but at the same time, Americans get to keep more of their money.”
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.@SecScottBessent: “For the first time ever, we brought private companies to the G20. We showcased our great companies, and we want to make sure these global bureaucrats understand that national wealth is created by private enterprise."
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WATCH IN FULL: @SecScottBessent on @Bannons_WarRoom: America As A Manufacturing Superpower
.@SecScottBessent on @Bannons_WarRoom: “This is the successful implementation of a trade, tax, energy, and deregulatory strategy. You can see that it is moving out across all the industries. This isn’t just a narrow technology building boom. Just like in President Trump’s first term, the bottom 25% of wage earners are getting the biggest wage increase."
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Today, as part of Operation Economic Outcast, Treasury severed the Iranian regime’s critical financial lifelines in Türkiye. The Office of Foreign Assets Control designated Türkiye-based Golden Global Bank and its subsidiaries, which have facilitated tens of millions of dollars’ worth of transactions for the Islamic Revolutionary Guard Corps-Qods Force and provide the Iranian regime with key correspondent banking access that allows it to move its funds internationally.
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WATCH LIVE: Sec. of Treasury discusses economic impact of hosting G20 meetings in NC. [📸: GETTY]
The 2026 President Donald J. Trump $1 Coin is officially in circulation and available for purchase today at 12 PM ET. 🇺🇸
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