79th United States Secretary of the Treasury

Joined February 2025
500 Photos and videos
The @realDonaldTrump economy is creating a record number of private-sector jobs, fueled in large part by the historic Working Families Tax Cuts. Naysayers attempting to credit the World Cup can thank President Trump for bringing it back to America, just as he is bringing back manufacturing jobs, energy dominance, and American industry.
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Americans lose hundreds of billions of dollars to fraud each year. At @USTreasury, we follow the money, and we know financial institutions are often the first to see suspicious activity in real time. They need the tools to act quickly and share information that can help stop fraud before it spreads. Under @POTUS and @VP Vance’s leadership, we will continue targeting fraud wherever it occurs and protecting American taxpayers and consumers. Read more in @FinCENNews’ updated guidance, which we announced today in Houston: home.treasury.gov/news/press…
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.@POTUS is creating the conditions for families and businesses to prosper. Our economic strategy rests on three distinct, but mutually reinforcing levers of tax, trade, and deregulation. Beneath each of these priorities is a layer that binds them all: the doctrine of energy dominance. Energy is the foundational layer of all economic activity and the fuel of human flourishing. Energy dominance is back. The age of managed decline is over. And we are just getting started.
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Treasury Secretary Scott Bessent retweeted
AMERICA: Foster Children are in all 50 states. GOVERNORS: Pledge to set up Fostering the Future Accounts in your State now. This is not a political issue. This is a national moral obligation.
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Thank you, @FLOTUS Melania Trump, for joining us at @USTreasury and for your leadership on behalf of America’s children, specifically foster youth. Through the partnership between Fostering the Future and @TrumpAccounts, we are helping ensure that foster youth have the same opportunity to build long-term financial security as every eligible child in America. Thanks to the First Lady’s advocacy, foster children are being included in this historic initiative from day one—affirming that a child’s future should be defined by their potential, not their circumstances. Together, we are expanding opportunity, strengthening the American Dream, and investing in the next generation.
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Treasury Secretary Scott Bessent retweeted
Fostering the Future Financial Initiative Announcement x.com/i/broadcasts/1DxLddNeD…
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The Iranian regime will lose the zero-sum game it is playing. Any damage it inflicts on our allies in the Gulf will be paid for with funds extracted from Iranian Accounts. Any tolls paid to the Persian Gulf Strait Authority will be offset by funds extracted from their accounts. Every attack Iran launches will only deepen the economic and financial consequences it faces.
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FISA is a critical tool that allows Treasury to stop terrorists from utilizing the financial system to carry out attacks against the United States and continues to be a critical component of our national and economic security. It is the most important tool we have to collect information on our adversaries including Iran and Hamas. Congressional Democrats should stop playing politics with the safety and security of the American people.
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Through Economic Fury, the Treasury Department is disrupting the foreign procurement networks that support the Iranian military’s efforts to acquire weapons. Treasury has frozen the Iranian regime’s assets, severely disrupted its economy, and dismantled the Iranian war machine. Treasury will not tolerate any support of the Iranian military.
Today, as part of Economic Fury, Treasury’s Office of Foreign Assets Control sanctioned nine individuals and entities that have supported weapons procurement on behalf of Iran’s Islamic Revolutionary Guard Corps and Ministry of Defense and Armed Forces Logistics. Treasury continues to aggressively target the overseas procurement and financial networks that sustain Iran’s weapons production and proliferation capabilities. home.treasury.gov/news/press…
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Iran’s economy is floundering and its military is decimated. Through Economic Fury, Treasury will continue to sever Iran’s shadow fleet, shadow banking networks, and access to global trade.
Today, Treasury’s Office of Foreign Assets Control is designating a network of individuals, entities, and vessels responsible for shipping hundreds of millions of dollars’ worth of Iranian-origin liquid petroleum gas⸺intentionally disguised as Omani LPG⸺to end users in South and East Asia.
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.@POTUS has done more than anyone in history to secure our nation’s borders. Part of that effort includes securing our financial system. This Administration will not allow illegal aliens to abuse financial institutions to steal billions of dollars from hardworking American taxpayers.
Today, Treasury’s @FinCENnews issued an Advisory urging financial institutions to be vigilant against risks presented by the unlawful employment of illegal aliens. This is the first step in implementing @POTUS’ historic Executive Order entitled Restoring Integrity to America’s Financial System.
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While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country. Iran’s current economic chaos is proof that @POTUS’ maximum pressure campaign has been a success. As promised, Treasury will continue to follow the money in support of Economic Fury, whether it is through the banking system or through digital assets, to prevent the regime from developing a nuclear weapon.
Today, Treasury’s Office of Foreign Assets Control designated Nobitex, Iran’s largest digital asset exchange, along with three other Iranian digital asset exchanges, as part of Economic Fury and the Trump Administration’s efforts to eliminate the threat posed by the Iranian regime.
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American families and workers overwhelmingly benefitted from the Working Families Tax Cuts, receiving the largest share of the historic tax relief delivered this past filing season. @USTreasury’s new analysis confirms @POTUS@TaxCuts delivered substantial tax relief to hardworking Americans and provided greater relief and financial certainty to low- and middle- income households.
New analysis of this past tax filing season confirms @POTUS’ Working Families Tax Cuts delivered the largest share of tax relief directly to millions of low- and middle- income Americans providing for their families, working overtime, living on fixed incomes, and running small businesses.
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Treasury Secretary Scott Bessent retweeted
Yesterday, @SecScottBessent championed @POTUS' America First economic agenda in California. 1/4
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In honor of National Small Business Month, @USTreasury convened a roundtable discussion with local business leaders on how @POTUS' Working Families Tax Cuts are helping businesses grow, invest, and create jobs. From full-expensing for R&D and manufacturing equipment to No Tax on Tips, No Tax on Overtime, and expanded small business deductions, the President’s signature policies are delivering real relief for workers, entrepreneurs, and Main Street businesses.
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We continued the @TrumpAccounts Tour in Westlake Village, California, convening hundreds of local families, businesses, and community leaders for a conversation with @KelseyGrammer on how this Administration is shaping stronger financial futures for the next generation of Americans. President Trump’s pro-growth agenda is resonating with a broader base than ever before, from Main Street to Wall Street to Hollywood.
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For too long, our political class treated efficiency as a substitute for resilience and consumption as a measure of prosperity. Trade policy, industrial capacity, and national security are inseparable. And to allow foreign dependencies to degrade any one of those domains is to allow them to define America’s future. Under @POTUS’ leadership, we are rebuilding domestic production to restore American sovereignty.
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While America slept for decades, our vulnerabilities grew. But under President Trump’s leadership, we are alert to the risks we can no longer ignore—and attuned to the responsibilities we can no longer defer. Under @POTUS, we have awoken to morning again in America. And as we celebrate 250 years of the American story, I firmly believe that our best days still lie ahead.
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