At President Trump’s direction, Treasury is expanding its efforts to identify organizations that abuse charitable and nonprofit structures as vehicles for illicit finance. We are examining where tax-exempt status has been exploited, where charitable entities have become financial conduits for foreign influence activity…
Secretary of the Treasury Bessent on combating illicit funding
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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.
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.
We are moving beyond ‘pay and chase’ and making prevention the federal government’s first line of defense.