Treasury Secretary Discusses IRS Modernization

DOGE special advisor is optimistic about the project despite failures over 3 decades. U.S. Treasury Secretary Scott Bessent was interviewed alongside Sam Corcas, the CEO of tech startup…

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Treasury Department Plans to Reduce Employee Numbers

Working with the Department of Government Efficiency, the Treasury Department plans to restructure. This week, Treasury Department officials announced plans to lay off a “substantial number” of employees.…

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Postal Worker Found Guilty of Stealing Mailed Checks

He stole over a million dollars in U.S. Treasury and private checks. The U.S. Attorney’s Office for the District of Columbia reported that a former U.S. Postal worker…

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President Restores Public Student Loan Forgiveness to Original Parameters

He directs the removal of activist organizations from the definition of “public service.” President Donald Trump issued an order this month that restores the Public Student Loan Forgiveness…

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Treasury Department Blacklists Human-Smuggling Cartel Leader

The individual is a key leader of a Guatemala-based transnational criminal organization. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Jumilca…

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Treasury Secretary Rehires Whistleblowers

The two former agents had investigated Hunter Biden. Treasury Secretary Scott Bessent rehired the two former Internal Revenue Service (IRS) whistleblowers who claimed that the Justice Department (DOJ)…

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Elon Musk Reports DOGE Found “Magic Money Computers

He alleges that the government sends money “out of nothing.” Elon Musk stated that the U.S. DOGE Service has found 14 “magic money computers” within various departments of…

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President Trump Allows Exemption For Russian Oil Sales to Lapse

He seeks to get Russia to the negotiating table after they increased attacks in Ukraine. The U.S. Treasury Department allowed a waiver from President Biden’s administration to lapse…

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SEC to Hold Roundtable on Artificial Intelligence

The agency will host discussions on the impact of AI on the financial industry. The Securities and Exchange Commission (SEC) announced a roundtable discussion will be held on…

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President Orders Creation of Federal Cryptocurrency Stockpile

The reserve will start with Bitcoin seized by law enforcement from financial crimes. President Donald Trump signed an executive order on Thursday to establish a “digital asset stockpile,”…

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