Treasury Department

Today, the U.S. Department of the Treasury and @usedgov announced the Federal Student Assistance Partnership to enhance the administration of Federal student aid programs, mitigate the continuing fallout and cost to taxpayers from the Biden Administration’s mismanagement of the Federal student loan portfolio, and facilitate the return of defaulted borrowers to repayment. Under @POTUS’s leadership we are undertaking the first serious effort to clean up a $1.7 trillion portfolio that has been badly mismanaged for years. Treasury has the unique experience, the operational capability, and the financial expertise to bring long overdue financial discipline to the program and be better stewards of taxpayer dollars.

Live now: Assistant Secretary for Investment Security Chris Pilkerton gives a keynote address at Chatham House’s 2026 Global Trade Conference. youtube.com/live/ZzhXZFdqJ…

Under President Trump’s leadership, the United States is working in partnership with the Government of Venezuela to reopen and restore Venezuela’s energy sector. Today, the Treasury Department’s Office of Foreign Assets Control issued a license broadly authorizing established U.S. entities to engage in many types of transactions with Venezuela’s state-owned oil company, Petróleos de Venezuela, S.A. (PdVSA), and its subsidiaries. This license will benefit both the United States and Venezuela, while supporting the global energy market by increasing the supply of available oil. It will also help incentivize new investment in Venezuela’s energy sector.

In advance of @POTUS’ trip to Beijing, @USTradeRep Jamieson Greer and I met with Vice Premier He Lifeng of China to discuss areas of mutual interest. Talks were candid and constructive, and we are on a good path towards the next meeting between President Trump and General Secretary Xi. In our discussions, we addressed a number of priorities to promote stability in our relationship, including how to manage bilateral trade and improve market access for the United States.

Here in Paris for a big interview with @SecScottBessent. Talking trade, #oil, markets and more as he wraps critical meetings with China. You will hear it first on @CNBC 730am ET @SquawkCNBC @VersantMedia

TODAY @ 730A ET: Don't miss our interview with Treasury Secretary @SecScottBessent:

@POTUS ofac.treasury.gov/recent-actions…

The Trump administration has been rapidly delivering on @POTUS' promise to help restore Venezuela’s economy to benefit both the American and Venezuelan people. Today, the Treasury Department’s Office of Foreign Assets Control updated several Venezuela-related licenses to further support the revitalization of the country’s energy sector and help ensure a well-supplied global commodity market. These authorizations expand permitted investment and activities in Venezuela’s energy industry and allow for the export of fertilizer directly to the U.S. to support our great American farmers.

Earlier this month, Assistant Secretary for Investment Security Chris Pilkerton joined leaders in international trade at the 2026 Washington International Trade Conference to discuss President Trump’s America First Investment Policy. In marking CFIUS's 50th year, he highlighted the Trump Administration's priorities when it comes to investment security and reaffirmed that CFIUS's North Star is safeguarding U.S. national security while keeping America open for business.

Read the midpoint tax filing facts and how @POTUS’ Working Families Tax Cuts delivers relief to working families ⬇️ home.treasury.gov/wftc/fact-shee…

At the midpoint of this filing season, millions of households across America have already taken advantage of @POTUS’ Working Families Tax Cuts. Together, @SecScottBessent and the @IRSnews continue working tirelessly to ensure relief is delivered efficiently, securely, and on time. File now to claim President Trump’s new tax cuts before April 15.

Today, Treasury’s Office of Foreign Assets Control sanctioned six individuals and two entities for their roles in Democratic People’s Republic of Korea (DPRK) government-orchestrated IT worker schemes that systematically defraud U.S. businesses and generate revenue to fund the DPRK’s weapons of mass destruction programs, including nearly $800 million in 2024.

Today, Treasury’s Office of Foreign Assets Control designated four sham charities that directly fund Hamas’s Military Wing and its terrorist activities. Hamas continues to rely on deceitful practices to hide its revenue-generating activities behind civilian organizations under the pretense of conducting humanitarian work, while in reality supporting the group’s continued efforts to fund their terrorist operations.

.@PressSec: "More than 27.5 million individuals who have filed their tax returns thus far have claimed at least one of President Trump's new tax cuts."

Sanctions relief was just the first step to realizing @POTUS’s historic vision of greatness and prosperity in Syria. Treasury is working with the new government to responsibly reintegrate Syria into the global financial system, and we welcome the Syrian Central Bank’s momentous announcement that its account at the Federal Reserve Bank of New York was officially reactivated for the first time since 2011.

"Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade... If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible." - President Donald J. Trump 🇺🇸

At the direction of @POTUS, the @USTreasury is terminating all use of Anthropic products, including the use of its Claude platform, within our department. The American people deserve confidence that every tool in government serves the public interest, and under President Trump no private company will ever dictate the terms of our national security.