Secretary of Treasury Scott Bessent (mirror)

I am taking @VP’s Pledge to Protect Americans from Fraud. At Treasury, we follow the money. Over the past year, Treasury returned $175 million in payments that would have gone to deceased individuals and expanded Do Not Pay access to 99% of federal programs. Further, we (cont in reply...)

I am taking @VP’s Pledge to Protect Americans from Fraud. At Treasury, we follow the money. Over the past year, Treasury returned $175 million in payments that would have gone to deceased individuals and expanded Do Not Pay access to 99% of federal programs. Further, we (cont in reply...)

Retweeted Treasury Department: Happening Now:

What began as @TreasurerBeach’s ambitious challenge to more than double @USMint’s annual sales became a historic achievement in FY 2026. Congratulations to Director Paul Hollis and the entire U.S. Mint team on their exceptional work celebrating America’s 250th anniversary (cont in reply...)

The noose is tightening around Iran’s economy, and not even Iran’s so-called allies can save it. The Department of the Treasury will not relent until the Iranian regime’s coffers are empty and every remaining financial lifeline sustaining its war machine has been (cont in reply...)

Under President Trump’s leadership, Treasury will not allow the Iranian regime to continue its long history of abusing religious institutions to line the pockets of its elites and fund terrorism. By identifying and reporting this potential abuse, financial institutions (cont in reply...)

Hardworking American taxpayers should not be forced to subsidize health care for people who are ineligible under federal law. Today’s proposed rules implement the common-sense reforms enacted by the Working Families Tax Cuts to close eligibility loopholes and ensure (cont in image...)

Thanks to @POTUS’ leadership, we are delivering on his commitment to guarantee Fair Banking for all Americans. Our review @USOCC documents how banks’ use of subjective “reputation risk” policies restricted access to financial services based on customers’ beliefs and lawful (cont in image...)

Today’s action exposes Cartel del Noreste’s exploitation of the horse racing sector to launder illicit proceeds and finance cartel operations. This action marks Treasury’s most significant effort to date to disrupt Cartel del Noreste’s financial infrastructure. Treasury, in (cont in reply...)

Today, I spoke virtually with Republic of Korea Deputy Prime Minister and Minister of Finance and Economy Lee Hyoung-il. I congratulated Deputy Prime Minister Lee on his new role and underscored the importance of the U.S.-Republic of Korea economic and financial relationship. We (cont in image...)

More than five centuries ago, the son of a wool weaver from Genoa sailed westward to widen the boundaries of the known world. Across a vast and punishing Atlantic, the voyage exhausted the patience of its crew, but never the conviction of its captain. Christopher Columbus kept (cont in image...)

Iran loaded ZERO crude oil onto tankers in September. The Trump Administration is cutting off the Iranian regime’s most critical source of revenue. Operation Economic Outcast is severing the economic lifelines that have allowed Tehran to finance its terrorist agenda.

Under President Trump’s leadership, the United States is delivering on its commitments to help stabilize global energy markets. Our European partners should accelerate delivery on their existing commitments and make additional supplies immediately available to address ongoing (cont in image...)

Treasury is dismantling the financial infrastructure that allows Iran and other adversaries to evade sanctions, move illicit funds, and undermine the integrity of the global financial system. Today’s action targeting A7 continues Treasury’s unprecedented efforts to isolate (cont in reply...)

The Iranian regime's ability to fund its war machine and inflict terror on the world has been severely diminished thanks to Operation Economic Outcast. Today’s action directly targets Iran’s enablers and lays the groundwork for the United States and our partners to drain (cont in reply...)

Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed. This is a transformative milestone in the Trump Administration's effort to give every American child the (cont in image...)

Under @POTUS, this Administration continues to transform America’s education system to meet the needs of each student. The Education Freedom Tax Credit marks a new chapter in educational freedom and opportunity by establishing America’s first nationwide school choice program (cont in reply...)

Today, we convened the second meeting of the Payment Fraud and Scams Working Group. Cracking down on fraud has been a top priority of @POTUS and the Trump Administration from day one. Earlier this month, @USTreasury and @TheJusticeDept restrained more than $50 million in (cont in image...)

President Trump’s administration will not allow terrorist organizations like Tren de Aragua to exploit the U.S. financial system or enrich themselves through theft and other criminal activity targeting American individuals and businesses. Working alongside our law (cont in reply...)

Under @POTUS, @USTreasury and @usedgov are restoring fiscal responsibility to our nation’s $1.7 trillion federal student loan portfolio. The new Defaulted Loans Support Center marks an important early achievement of the Treasury-ED Federal Student Assistance Partnership, (cont in image...)

Today’s action underscores that no cartel kingpin, corrupt Mexican government official, or financial facilitator is beyond the reach of Treasury’s authorities. Our message is clear: the Trump Administration will identify and disrupt any cartel actor who threatens our security (cont in reply...)

Under Operation Economic Outcast, Treasury will continue to target and disrupt those who provide material, technological, or financial support that allows the Iranian regime to sustain its terrorist enterprise. Treasury will not tolerate any support to the regime and (cont in reply...)

A stronger economy begins with policies that reward hard work, boost investment, and encourage entrepreneurship. This past filing season, thanks to @POTUS’ Working Families Tax Cuts, 97% of filers received a tax cut and avoided a massive tax hike. Savings from this tax season (cont in image...)

Today, I joined @POTUS, @VP, my fellow Cabinet members, and leaders of American industry for the launch of https://t.co/lBMqe0JsKl. This new platform gives Americans a single, streamlined place to access federal information and resources. For 250 years, American innovation has (cont in image...)

Today, I met with Lebanese Prime Minister @nawafsalam and Finance Minister @JaberYassine to discuss the need for decisive action to disrupt Iranian and Hizballah financial networks, and the importance of key financial sector reforms to restore confidence in Lebanon’s banking system.

Operation Economic Outcast has caused the rial to hit record lows. We will continue to degrade the Iranian regime’s ability to fund terrorism and develop a nuclear weapon.

Today, @USTreasury and @IRSnews issued a notice on tax-motivated investment strategies that makes clear Treasury is serious about cracking down on transactions designed to dodge taxes or exploit our federal tax code. The companion Revenue Ruling also takes on prearranged §351 (cont in reply...)

Quoting Robin Brooks

Following the launch of Operation Economic Outcast, @USTreasury imposed targeted financial measures against banks and aviation service providers. At my direction, teams were dispatched across the globe to engage with countries and demand action against the Iranian regime. These (cont in image...)

American families are reaping the benefits of @POTUS’ pro-growth tax policies. This past filing season, the average tax refund reached over $3,400, thanks to the Working Families Tax Cuts. American taxpayers are keeping more of their hard-earned income, strengthening household (cont in image...)

Today, I had a productive call with Japanese Finance Minister Satsuki Katayama. Our conversation built on President Trump’s discussion with Prime Minister Sanae Takaichi earlier this week and reflected the strength of the U.S.–Japan partnership. We discussed the desirability of (cont in image...)

Economic growth accelerates when businesses are able to invest, innovate, and compete rather than navigate unnecessary bureaucracy. Under @POTUS, 129 regulations have been eliminated for every new rule introduced. By reducing red tape, the Trump Administration has created an (cont in image...)

The private sector is driving America’s economic resurgence. Since January 2025, more than one million private-sector jobs have been created while the federal workforce has been reduced to its lowest levels since the 1960s. At the same time, more than 1.3 million additional (cont in image...)

America’s economic success depends on translating investment into productive capacity, good-paying jobs, and long-term growth. The construction boom we are seeing across the nation is laying the foundation for a manufacturing resurgence as we bring more jobs back from (cont in image...)

.@POTUS’ pro-growth agenda is restoring purchasing power for working families. As wages continue to outpace inflation, real weekly earnings for blue-collar manufacturing workers have risen 4.1%, while blue-collar construction workers have seen a 5% increase since January 2025. (cont in image...)

.@larry_kudlow in @NewYorkSun gets it right. Here are the facts: The dollar was on one side of 89.2% of global FX trades. Foreign investors still hold enormous amounts of U.S. assets. The principal stablecoins are dollar-denominated. Treasury buybacks are about adding (cont in image...)

.@larry_kudlow in @NewYorkSun gets it right. Here are the facts: The dollar was on one side of 89.2% of global FX trades. That isn’t a footnote. It’s central to the story. Foreign investors still hold enormous amounts of U.S. assets. The principal stablecoins are (cont in image...)

Follow all White House weets on the new Bluesky mirror: https://bsky.app/profile/whitehouse.govpeeps.us #whitehouse

Great to welcome @jakepaul to the Treasury Department today. Jake’s path from content creator to entrepreneur and professional boxer is a distinctly American story. 🇺🇸🇺🇸🇺🇸

Great to welcome @jakepaul to the Treasury Department today. Jake’s path from content creator to entrepreneur and professional boxer is a distinctly American story. Thank you for stopping by.

Today’s designations of Iranian digital asset infrastructure make perfectly clear that efforts to finance the Iranian regime using cryptocurrencies are not beyond OFAC’s reach. If you support the Iranian regime, the Department of the Treasury will sanction you. Quoting Treasury Department

$82 billion. That is how much tax relief American families and workers claimed through this filing season under @POTUS’ Working Families Tax Cuts. The overwhelming majority of that relief went to households earning less than $200,000. This administration is ensuring that (cont in image...)