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Us Treasury Department News

Can a living US president appear on a coin? Trump's gold $1 coin explained

Federal law has long been understood to prohibit living people from appearing on most US currency.

Published 2 days ago

US justice department drops criminal fraud case against billionaire Gautam Adani

Gautam Adani, one of the world's richest people, was accused in 2024 of paying massive bribes to ensure the project's success.

Published 60 days ago

US renews waiver that allowed India to buy Russian oil after saying it won't

Russian oil waiver renewed by US, treasury department posted the updated license late Friday

Updated 91 days ago

US ramps up ‘economic fury’ as Iran oil waiver expires, tightens pressure

The waiver, originally issued on March 20, is set to expire on Sunday and applied only to Iranian oil and petrochemical products.

Published 94 days ago

'Good actors': Why US ‘allowed’ India to purchase Russian oil

US President Donald Trump and PM Narendra Modi during a news conference in the East Room of the White House in Washington DC

Updated 129 days ago

US Issues License to Allow Some Russian Oil Sales to India

US treasury secretary Scott Bessent.

Updated 134 days ago

Why did gold prices see sharp swings? Scott Bessent cites ‘unruly’ China trading

US treasury secretary Scott Bessent'a remarks came after gold prices surged to record highs before abruptly pulling back.

Published 159 days ago

$2,000 tariff checks: Are they approved? What we know so far

The US Treasury Department building in Washington, DC.

Published 166 days ago

Trump sues IRS: 5 things to know about $10 billion tax records case

The plaintiffs are seeking a minimum of $10 billion in damages.

Updated 169 days ago

Who is Kevin Hassett? Trump's top choice to replace Fed Chair Jerome Powell

FILE PHOTO: U.S. President Donald Trump and U.S. Secretary of the Treasury Scott Bessent listen as National Economic Council Director Kevin Hassett speaks, at the White House in Washington, D.C., U.S., September 5, 2025. REUTERS/Brian Snyder/File Photo

Published 234 days ago

US sanctions force refiner retreat on Russian oil

State-controlled Rosneft, headed by Putin’s close ally Igor Sechin, and privately held Lukoil are Russia’s two largest oil producers, jointly accounting for nearly half of the nation’s total crude oil exports, or around 2.2 million barrels a day. (AFP)

Updated 267 days ago

Trump's sanctions on Russian oil firms amid India tariffs, big Modi 'call' claim

Trump's sanctions on Russian oil firms amid India tariffs, big Modi 'call' claim

Updated 268 days ago

US lifts some Myanmar sanctions, says no link to general's letter to Trump

Trump administration officials said there was no link between the letter and the sanctions decision.

Published 357 days ago

Enforcement of BOI and CTA suspended by Treasury Department, Trump reacts

Enforcement of BOI and Corporate Transparency Act suspended by Treasury Department, Trump reacts (Photo by ROBERTO SCHMIDT / AFP)

Published 502 days ago

25-year-old engineer linked to Musk has direct access to federal payment system

Demonstrators participate in a rally in front of the US Treasury Department in protest of Elon Musk and the Department of Government Efficiency on February 4, 2025 in Washington, DC. Several Democratic members of Congress joined the rally to protest Musk's access to the payment system of the Treasury, which houses the private information of millions of Americans.

Updated 528 days ago

Musk takes control of US Treasury payments systems

Musk takes control of US Treasury payments systems

Published 530 days ago

Elon Musk's DOGE given full access to US govt payments system: Report

SpaceX CEO Elon Musk, close ally of Trump, was picked to co-chair the newly-created Department of Government Efficiency.

Updated 531 days ago

Janet Yellen's computer targeted by Chinese hackers, sensitive data accessed

FILE PHOTO: Federal Reserve Chair Janet Yellen addresses a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016. REUTERS/Gary Cameron/File Photo

Updated 547 days ago

Chinese hackers breach US Treasury, stole documents in ‘major incident’

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo

Published 564 days ago

Cyberattack: US Treasury breached by China-based hackers

The US Treasury Department said on December 30, 2024, that a China state-sponsored actor was behind a cyber breach resulting in access to some of its workstations, according to a letter to Congress seen by AFP.

Published 564 days ago

Most Indian firms say sanctions by US unlikely to have an impact

The US Treasury Department building in Washington, DC. (AFP)

Updated 623 days ago

US says Russia was given Trump campaign polling data in 2016

Konstantin Kilimnik is mentioned by name 156 times in Robert Mueller's (in picture) 2019 report.

Published 1918 days ago

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