The Latest Breaking News from the Treasury Department

Treasury Secretary Janet Yellen has announced economic sanctions against 15 people and two companies that the United States says are linked to a Mexican drug cartel

The trip comes amid the U.S. Treasury Department's announcement of a "counter-fentanyl strike force," as "combatting the flow of deadly fentanyl into communities across the United States is a top priority for President Biden as well as the Treasury Department."

The Treasury Department is announcing a new strike force to help combat illicit fentanyl trafficking

The Treasury deputy secretary is laying out a new approach to the digital asset industry.

For the first time, property insurers will send data, including recent coverage pullbacks in several states, to the Treasury Department for a climate-related financial risks study.

The 10-year Treasury yield has surged amid worries about government borrowing needs, but a surge in tax revenue could stem the bond sell-off.

Remember the dot com disaster and the 2008 financial meltdown? Brace yourself, there's a new player in town. The bond market's spiraling due to central bank maneuvers, and the storm might just be starting.

The Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap

The Treasury Department released guidelines on Sept. 19 aiming to promote net-zero finance. The next day, six left-leaning senators, including Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), sent a letter to Treasury Secretary Janet Yellen encouraging her to enact additional financial regulations related to climate and carbon emissions. 

The Solicitor General rejects an academic argument offered in defense of the Consumer Financial Protection Bureau.

While no Republicans in Congress voted for the $350 billion clean energy package, jobs are being spread across red and blue states via the Inflation Reduction Act.