Scott Bessent: “As President Trump has directed, we are going to keep the U.S. the dominant reserve currency in the world, and we will…”

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.

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

Today’s actions send a clear message that even the biggest financial institutions are not above the law.

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.