Morrissey, the Treasury Department’s general counsel who also served in Trump's first administration, stepped down seven months after winning confirmation. The post Treasury’s Top Lawyer Quits Just Hours After Trump $1.

The move came after the government announced a settlement with President Trump that created an $1.8 billion “Anti-Weaponization Fund.”

President Trump and the Justice Department reached a settlement Monday in his $10 billion lawsuit against the IRS and Treasury Department over his leaked tax returns. CBS News' Jake Rosen has more.

Critical questions about the transfer of student loans to the Treasury Department remain unanswered, even as new details about the plan are coming into focus.

The Treasury Department reported it has made significant progress on modernizing information systems at the Internal Revenue Service and signed agreements with a number of third-party contractors to help deliver the improvements. Processing Content The ...

Elon Musk and his team in the White House reportedly plan to lay off a substantial portion of employees in the U.S. Department of Treasury as part of their ongoing effort to reduce the federal workforce. In a court filing Tuesday surfaced by Bloomberg Law ...

Adani Enterprises Ltd. agreed to pay $275 million over a probe by the Office of Foreign Assets Control, putting the Indian conglomerate a step closer to resolving its legal troubles in the US.

The finding is among the first oversight reports Congress’ watchdog has released about the controversial cost-cutting team.

The U.S. Treasury Department settled a case against Adani Enterprises, involving the purchase of sanctioned Iranian energy between November 2023 and June 2025.