The Latest Breaking News from Treasury Department

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year

The U.S. Treasury Department has sanctioned six people and seven companies it said were involved in money laundering for factions of the Sinaloa Cartel

The White House clarifies that Elon Musk is not an employee of the US DOGE

Federal judge extends order blocking Elon Musk's team from accessing critical Treasury payment system amid security concerns.

The Treasury Department’s Office of Inspector General says it's launching an audit of the security controls for the federal government’s payment system

A 25-year-old DOGE staffer, who resigned after being linked to racist social media posts, was briefly given edit access to the Treasury Department’s payment system.

The employee, Marko Elez -- who had no federal government status -- resigned Friday after being linked to a racist social media account, only for Musk to announce that he was being reinstated.

A federal judge is likely to quickly decide whether to let Elon Musk's Department of Government Efficiency resume accessing Treasury Department records containing sensitive personal data for millions of Americans after lawyers in the dispute could not resolve their differences

The Department of Government Efficiency’s embed into the federal government has raised a host of concerns, transforming a debate over how to cut government waste into a confrontation over privacy rights and the nation’s financial standing in the world