U.S. Department of the Treasury

A bridge on I-40 in East Tennessee will be renamed the Donald J. Trump Bridge. The event, led by U.S. Secretary of the Treasury Scott Bessent, includes elected officials and takes place in Jefferson County, crossing the French Broad River in Dandridge.

The U.S. Department of the Treasury is holding approximately $29.7 billion in matured U.S. Savings bonds that have stopped earning interest. Around 80 million such bonds are unclaimed, and individuals can check if they have unclaimed bonds through available resources.

The U.S. Department of the Treasury is holding 80 million matured U.S. Savings bonds worth approximately $29.7 billion that no longer earn interest. Individuals can check if they have unclaimed bonds through available methods outlined in the article.

The U.S. Treasury's OFAC and Mexico’s UIF have sanctioned two individuals and nine entities linked to the Jalisco New Generation Cartel (CJNG) for cross-border fuel theft and smuggling. The sanctions target Oscar Guillermo Juraidini Silva and J. Refugio Ruiz Villagomez, along with businesses and logistics companies they control, aiming to disrupt illicit revenue streams from fuel smuggling, which the Treasury calls a major non-drug income source for Mexican cartels.

The US Department of the Treasury, in coordination with Gulf states, has sanctioned five entities and 16 individuals accused of financial links to Hezbollah. The targeted entities include the Al-Qard al-Hasan Association and Bayt al-Mal, which officials allege operate as financial fronts for Hezbollah.

Twenty-three Democratic state attorneys general asked a federal judge to investigate President Donald Trump over a $10 billion lawsuit against the IRS and Treasury, alleging collusive misconduct to benefit Trump and his allies. Trump dropped the lawsuit in exchange for immunity from tax audits and a scrapped 'anti-weaponization fund,' which faced bipartisan criticism. A judge reopened the case after former judges called the settlement a 'fraud upon the court.'

The U.S. Treasury sanctioned Nobitex, Iran’s largest crypto exchange, and three others for facilitating transactions linked to the Islamic Revolutionary Guard Corps, ransomware operations, and sanctions evasion. The action targets Nobitex’s leadership and highlights concerns over Iran’s crypto infrastructure being used to shield regime wealth and evade economic pressure.

Cuban-American lawmakers warn that Cuba's humanitarian and economic crisis has brought the island close to collapse, urging the Trump administration to intensify pressure to drive regime change. They highlight Trump's policies and proximity to Miami as key factors, citing U.S. national security risks and recent murders of Americans by the Cuban regime.

Rep. Matt Van Epps, a freshman congressman from Nashville, is co-leading the American Reserve Modernization Act of 2026 to make President Trump's Strategic Bitcoin Reserve permanent through legislation. The bill would establish a Bitcoin reserve within the U.S. Treasury to hold seized cryptocurrency, with any future sales restricted solely to reducing the national debt. Van Epps frames the legislation as both a fiscal necessity given the $39 trillion national debt and support for Nashville's growing role as a Bitcoin hub.

President Trump signed an executive order aimed at addressing undocumented immigrants in the U.S. financial system, but backed away from requiring banks to collect citizenship information after industry pushback. Instead, the order directs Treasury Secretary Scott Bessent to advise financial institutions on immigration-related risks and work with regulators to strengthen customer due diligence requirements.

Social Security benefits are generally protected from debt collectors, but the protection may not extend to the bank account holding the benefits. Debt collectors may still attempt to freeze a bank account containing Social Security benefits. However, there are laws in place to safeguard these benefits.

Vice President JD Vance's anti-fraud task force has withheld $1.4 billion in federal funding from home health and hospice providers suspected of fraud. The task force targets operations in California, Minnesota, and other states, with approximately 90% of suspended providers not communicating with the Centers for Medicare & Medicaid Services. This effort is part of President Donald Trump's War on Fraud.

Vice President JD Vance's anti-fraud task force has withheld $1.4 billion in federal funding from home health and hospice providers suspected of fraud, targeting operations in California, Minnesota, and other states. The task force aims to stop fraudulent activities and deliver savings to the American people. The suspensions are part of a broader effort to combat systemic fraud.

Series I bonds are paying an annual interest rate of 4.26% through October 31, based on the latest inflation data. Experts advise considering trade-offs before investing. The interest rate is attractive amid higher inflation.

The Obama-era Ivanpah Solar Power Plant in California's Mojave Desert, a taxpayer-backed 'clean energy' project, still burns natural gas and kills thousands of birds annually due to concentrated solar rays. Critics argue its environmental costs outweigh benefits, and officials from both Trump and Biden administrations have supported its shutdown due to high costs and outdated technology.

The Obama-era Ivanpah Solar Power Plant in California's Mojave Desert, despite being promoted as a clean energy project, continues to burn natural gas and kill thousands of birds annually due to its concentrated solar rays. The facility, which relies on federal loans and grants, faces scrutiny over its environmental costs and regulatory exemptions, with officials debating its closure due to high costs and wildlife impacts.

The Obama-backed $2.2B Ivanpah Solar Power Plant, built with federal loans and grants, faces criticism for underperformance, high costs, and environmental harm. California regulators refuse to shut it down to avoid grid strain, leaving taxpayers and consumers in a costly standoff.

Tether, the stablecoin giant, reported a billion-dollar profit in Q1 2024 despite a broader crypto market slump. The company claims to hold over $141 billion in U.S. Treasuries, though this figure remains unverified by a full audit, which has now begun.

Treasury Secretary Scott Bessent hosted a financial literacy fair at the U.S. Department of the Treasury, engaging over 50 students from the D.C. area. The event, part of Financial Literacy Month, featured interactive activities and partnerships with organizations like Visa and Robinhood. Bessent emphasized financial literacy as essential to the American dream, citing low financial literacy rates among young people.

Treasury Secretary Scott Bessent hosted a financial literacy fair at the U.S. Department of the Treasury, emphasizing education as critical to the American dream. The event featured interactive activities and partnerships with organizations like Visa and Robinhood, aligning with a broader initiative to improve financial literacy, particularly among youth.

The U.S. government seized nearly $500 million in cryptocurrency linked to Iran, according to Bessent. The action is part of efforts to counter Iran's financial activities tied to illicit networks.

U.S. economic pressure on Iran has reached a historic peak, combining sanctions, a naval blockade, and targeted disruptions of oil exports. Former Treasury sanctions expert Miad Maleki warns Iran's economy is on the verge of collapse, with daily losses of $435 million, triple-digit inflation, and risks of gasoline shortages and unrest.

U.S. Treasury Secretary Scott Bessent urged the Senate to pass comprehensive crypto legislation to secure U.S. financial leadership and protect the dollar's global status. Two competing bills—the House's CLARITY Act and the Senate Agriculture Committee's Digital Commodity Intermediaries Act—remain stalled as reconciliation efforts progress.

Treasury Secretary Scott Bessent is testifying before the Senate Appropriations Committee on President Trump’s 2027 budget request, which proposes $11.5 billion for domestic programs—a $1.5 billion reduction from 2026. The cuts target programs like the Community Development Financial Institutions Fund.

Treasury Secretary Scott Bessent and White House Chief of Staff Susie Wiles met with Anthropic CEO Dario Amodei to discuss potential collaboration amid ongoing legal disputes between the government and the AI firm. The meeting, described as 'productive and constructive,' highlights efforts to balance innovation with safety concerns, particularly around Anthropic's advanced AI model Mythos.

Senator Richard Blumenthal inquired with the Department of Justice and Treasury about the status of a monitor appointed after Binance's guilty plea for violating Iran sanctions. He specifically asked if the monitor had filed any misconduct reports.

The White House study concluded that banning consumer-facing stablecoin yields would not protect traditional banks but would hinder innovation and push retail investors back to traditional finance. The CLARITY Act is gaining momentum as regulatory bodies coordinate support, while institutional blockchain deals like Ripple's partnership with Kyobo Life highlight ongoing infrastructure development.

Trump sued JPMorgan for $5 billion over alleged 'debanking', while Ledger prepares for a $4B IPO with major banks. Crypto markets dipped slightly, but PwC declared institutional adoption irreversible as regulatory frameworks solidify. Ripple's CEO and BlackRock's Fink highlighted crypto's regulatory and institutional momentum.