Scott Bessent: “Will not allow illegal aliens to abuse financial institutions to steal billions of dollars from hardworking American…”

Our message is clear: the Trump administration will identify and disrupt any cartel actor who threatens our security or the integrity of our financial system.

We are moving beyond ‘pay and chase’ and making prevention the federal government’s first line of defense.

Treasury continues to transform how the federal government protects taxpayer dollars by using better data, stronger controls, and advanced technology to stop fraud and improper payments before money goes out the door.

As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending.