Scott Bessent: “Well, again, it is the largest cut in discretionary spending in – or non – excuse me – nondiscretionary spending in…”

Unequivocally no cuts in Social Security," he said. "The Trump accounts are a supplement, not a substitute… if they have maintained their Trump accounts into retirement age, then they will also have a substantial nest egg that they can…

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.