Federal authorities sanctioned six leaders and affiliates of Tren de Aragua on Thursday, the latest step in the United States’ ongoing effort to target members of the Venezuelan gang. The Treasury Department announced sanctions against Hector Rusthenford Guerrero Flores, the head of the gang known as “Niño Guerrero,” as well as five others connected to Tren de…
Why only dead individuals can appear on U.S. money – CBS News Watch CBS News Among the 5,800 bills before Congress, one piece of legislation would create a $250 bill bearing the image of President Trump. At the moment, the law only allows deceased individuals on our money. Be the first to know Get browser…
Washington — Treasury Secretary Scott Bessent told Congressional leaders Friday that the federal government could be unable to pay its bills as soon as August if Congress doesn’t act, urging lawmakers to address the debt limit by mid July. In a letter to House Speaker Mike Johnson, Bessent said after reviewing April tax filings, “there is…
Can a penny saved finally be truly worth it? Collectors are asking that question this week after President Trump ordered the U.S. Treasury Department to stop minting the penny. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Mr. Trump wrote in…
Former Treasury employee says DOGE access raises “real security questions” – CBS News Watch CBS News Elon Musk’s access to the Treasury’s payment system is raising concerns about federal funding and personal data. Major Garrett speaks to a former Treasury employee about the role of the agency and the sensitive data it handles. Be the…
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Mr. Trump wrote in a post Sunday night on his…
Elon Musk’s Department of Government Efficiency team has been given “read only” access to the Treasury Department’s federal payment system, and federal expenditures have not been affected, the Treasury said in a letter to Congress late Tuesday. The letter, from Jonathan Blum, a Treasury official, said that a review of the Treasury’s Fiscal Service payment…
A whistleblower complaint filed with the U.S. Treasury Department’s Financial Crimes Enforcement Unit, or FinCEN, alleges that Mastercard and Visa failed to stop their payment networks from laundering funds from child sexual abuse material and sex trafficking on OnlyFans, according to Reuters. The complaint, which Reuters reports was filed by a senior financial compliance expert,…