Treasury Department
@USTreasury
Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States. Led by 79th Treasury @SecScottBessent
Another promise made. Another promise kept. Our nation is reaping the rewards from @POTUS’s America First agenda. As President Trump works hard to take back our nation’s economic sovereignty, today’s Monthly Treasury Statement is demonstrating record customs duties – and with…
Treasury posts unexpected surplus in June as tariff receipts surge cnbc.com/2025/07/11/tre…
Under President Trump’s leadership and with the OBBB in place, business equipment production is growing at its fastest pace since 1997. This CapEx Comeback is driving productivity, raising wages for blue collar workers, and laying the foundation for long-term economic growth…
Thanks to @POTUS’s pro-growth, America First agenda, we’re seeing a CapEx Comeback. Business equipment production jumped 11% annualized in Q2 after a huge 23% gain in Q1 — the strongest back-to-back growth since 1997. CapEx is up 16.6% in the first half of 2025, signaling a…
The Treasury Department congratulates IRS Commissioner Billy Long on his swearing-in. We look forward to working with him to modernize the IRS and implement the One Big Beautiful Bill, which will kickstart the next Golden Age of the United States and further @POTUS's pro-growth…
Billy Long has officially been sworn in as the Internal Revenue Service Commissioner by @epaleezeldin in the Oval Office! 🇺🇸
Counselor to @SecScottBessent @Lavorgnanomics: "The fact is, the U.S. is the world’s largest consumer. We dictate the terms. President Trump knows from a negotiating standpoint everybody wants to be in the U.S. market, and the U.S. has the leverage, and you just have yet to see…
Underlying core inflation has met or come in below expectations every month since President Trump took office, despite constant claims from Democrats and the media that his trade policies would drive up prices.
Today’s inflation report proves that tariffs are not inflationary. However, tariffs are a huge revenue source! They accounted for nearly all of the record large $27 billion June budget surplus (biggest since June 2015 excluding any timing shifts). Remember that when the…
The days of unfair trade practices are over. Thanks to @POTUS, this Administration is laser-focused on securing the best trade deals for the American people. The market is looking ahead and clearly understands that these deals will benefit both the United States and the global…
Treasury posts unexpected surplus in June as tariff receipts surge cnbc.com/2025/07/11/tre…
The One Big Beautiful Bill was just the start. This administration's economic growth plan of tax cuts, trade deals, and deregulation will finally get our fiscal house in order.
Counselor to @SecScottBessent @Lavorgnanomics: “Imports of goods were down, and the Consumer Price Index fell even more. So it’s not even like inflation is under 2%, it actually fell for those goods that were supposed to go up because of the tariffs. It’s remarkable. And it…
Today, in continuation of President Trump’s maximum pressure campaign on Iran, @USTreasury is sanctioning 22 entities associated with Iran’s “shadow banking” network that have facilitated the sale of Iranian oil to benefit the terrorist Islamic Revolutionary Guard Corps-Qods…
Counselor to @SecScottBessent @Lavorgnanomics: “Inflation has consistently underperformed expectations in spite of tariffs. The labor market is still tight. The Phillips Curve doesn’t work. There’s no trade-off between inflation and unemployment. Inflation expectations in the New…
The One Big Beautiful Bill will not close rural hospitals. In fact, this legislation creates significant new bridge funding to help stabilize rural hospitals and enhance their long-term financial solvency. Through OBBB, we are expanding rural hospital protections, providing…
Under the One Big Beautiful Bill, we are putting Medicaid on a more sustainable fiscal trajectory and ensuring the program refocuses, as intended, towards serving the most vulnerable Americans. Recent polling shows that two-thirds of voters (66%) agree there is waste, fraud, and…
The One Big Beautiful Bill strengthens small businesses and Made-in-America investments by offering immediate deductions for new equipment, tax incentives for building U.S. factories, instant R&D write-offs, and interest expense deductions.
The Tax Cuts and Jobs Act is now permanent thanks to the One Big Beautiful Bill. This legislation will unleash a manufacturing renaissance through pro-growth policies like the 100% expensing of equipment and 100% expensing for factory and agriculture structures.