U.S. Department of the Treasury

America’s competitive advantage has never been confined to the bounty of our natural resources or the depth of our capital markets. It has always resided in the character and capacity of our people. This great insight has been the source of America’s strength since its founding. And under @POTUS, we are creating an economy in which all Americans can participate and prosper.

On the eve of America’s 250th anniversary, the most fitting way to honor those who founded this great nation is to meet the pressing challenges of our own time with the same resolve that they brought to theirs. Last night at @EconClubNY, I made clear that under @POTUS’ leadership, @USTreasury is working to restore economic security as the foundation that allows a nation to fulfill its most basic obligations—and to strengthen the security, prosperity, and freedom of our people for the next 250 years and well beyond.

Scam centers in Southeast Asia steal billions of dollars from American victims each year. The Trump Administration is united in its efforts to dismantle these overseas criminal enterprises, and Treasury will continue using its tools to disrupt the networks behind this egregious fraud and protect Americans.

Today, under the leadership of @SecScottBessent and @POTUS, Treasury took action to further dismantle overseas scam operations targeting American victims.

Freedom is the essence of the American dream. Salute to America on July 4th in Washington, DC will mark 250 years of ingenuity with world-class music and a fireworks display of historic proportions — our republic in its prime. 🇺🇸 Follow @freedom250 and get your FREE tickets:

Under President @realDonaldTrump and @VP, we continue to make the world safer and more prosperous. In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country. As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil.

It seems that congratulations are in order to “El Tigre,” @ABDELAESPRIELLA, on being elected Colombia's new president. Colombia is the latest example of voters across Latin America rejecting failed leftist policies, instead choosing to support pro-market, pro-growth defenders of economic prosperity and freedoms. Brighter days for Colombians are ahead, and a thriving Colombia benefits the United States, the Western Hemisphere, and the entire world.

Today, Treasury’s Office of Foreign Assets Control sanctioned Hizballah-aligned Lebanese officials, as well as members and interlocutors of a Hizballah-associated business network. The Lebanese officials designated today have used their influence to obstruct Lebanon’s peace process and delay the disarmament of Hizballah.

Secretary Bessent Meets with Texas Bankers to discuss illegal immigration and fraud: https://twitter.com/i/broadcasts/1PKqrrYEEXWGb

Secretary Bessent Meets with Texas Bankers https://twitter.com/i/broadcasts/1PKqrrYEEXWGb

.@SecScottBessent: “Today, in the place where Hamilton’s legacy surrounds us, we are extending the reach of this institution to the young people whom his wife devoted herself to defending. We are affirming that the American Dream belongs to every child. And because of the President and Mrs. Trump, through her Fostering the Future Initiative, we are equipping more children to claim their rightful share of it.”