Scott Bessent: “Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime.”

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.

Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department.

I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do.

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.