In 2025, the official poverty rate fell to a record low, while real median household income rose 2.6 percent to a record-high $87,460.

President Trump’s economic agenda is delivering for American families.

Treasury launched Operation Economic Outcast to tighten the noose and block every potential source of revenue that funds the IRGC and murderous Iranian regime.

Less than two months later, we have decimated every layer of Iran’s oil lifeline. Its shadow tanker fleet stands terminal sits empty. And its offshore reserves are now exhausted. Meanwhile, ordinary Iranians continue to endure a deepening economic crisis because the regime squanders its resources on violence and terrorism abroad instead of the prosperity of its people at home.

As President Trump takes action that his predecessors long deferred, the United States is no longer managing the Iranian threat. We are ending it.

Before: tankers filled Iran’s main oil-loading terminal.
After: no crude tankers in sight.

Kharg Island is now nothing more than a monument to the one thing the Iranian regime can still produce: failure.

The regime’s arrogance and belligerence continue to punish ordinary nomic Outcast is cutting off the regime’s oil lifeline, denying it resources to fund terrorism, nuclear procurement, and the lavish lifestyles of the IRGC elite.

Under President Trump, this Administration continues to restore the path to affordable homeownership for millions of young and working families. Treasury is working to ensure American families and workers have a fair shot at purchasing homes in their communities by increasing housing supply and limiting large institutional investors’ role in the market, while supporting a strong, stable housing market and avoiding unnecessary disruption.

home.treasury.gov/news/press-rel…

President Trump fundamentally transformed the future of finance with the signing of the GENIUS Act last year.

Today, U.S. Treasury’s @USOCC took a critical step toward implementing this historic legislation with the release of a final rule that delivers a federal framework for t further cements American dominance in digital assets.

Today, as part of Operation Economic Outcast, Treasury sanctioned Panama- and Greece-based law firm Karnakis and Karnakis, shipping agents, and vessels which have supported illicit Iranian shipping activity, indirectly aiding Tehran’s ability to generate revenue to fund its military, weapons, and nuclear programs. Throughout Operation Economic Outcast, Treasury has continued to coordinate with counterparts in Europe and around the world to sever the Iranian regime’s remaining economic lifelines.
home.treasury.gov/news/press-rel…

Treasury congratulates @TheJusticeDept on launching the Fraud Whistleblower Incentive Program and is proud to commit $25 million to support it.

Americans now have a simple way to report suspected fraud, all in one place: America.gov/fraud.

Eligible whistleblowers may receive $10,000 to $30,000 for tips that lead to criminal charges in qualifying fraud cases. Every dollar lost to fraud is a dollar stolen from the most vulnerable among us. If you see something, say something.

Learn more: justice.gov/fraud/whistleb…

The U.S. economy is expanding thanks to @POTUS’ proactive trade policies, deregulation, and pro-growth provisions in the Working Families Tax Cuts.

Revised GDP data show stronger growth in Q1 and Q2 of 2026, driven in part by greater consumer spending and investment. Forecasters build in Q3.

The Trump Administration is delivering on its promises by restoring durable growth, unleashing investment, and powering the reindustrialization of the American economy.

Today, Treasury announced that @FinCENnews has identified approximately $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs. FinCEN has referred these findings to federal investigators to pursue potential fraud schemes targeting federal student aid programs and help ensure those responsible are held accountable.

These referrals underscore the Trump Administration’s commitment to eliminating fraud, protecting taxpayers, and safeguarding the integrity of federal student aid programs.

.@SecScottBessent highlights how real wage growth is up and how Americans are benefiting under the leadership of @POTUS.

Watch the full @MeetThePress interview ⬇️

.@SecScottBessent: “Core inflation is down. Food is below the Fed’s targets. Prescription drugs have had the biggest decrease in history. Rents are down. This is an energy shock. We will get to the other side of the Iran conflict, and those prices will come down.”

.@SecScottBessent: "No one has been tougher on Russian sanctions than President Trump."

.@SecScottBessent: "This is an energy shock; we'll get to the other side of the Iran conflict and those prices will come down."

.@SecScottBessent: "The Europeans have given Russia and Vladimir Putin more money than they've given the Ukrainians. They continue to gorge on Russian energy... Why should the U.S. go at it alone?"

Today, @SecScottBessent and @SenJonHusted hosted a roundtable at Crown Preparatory Academy in Columbus, Ohio, to discuss the benefits of the Education Freedom Tax Credit for Ohio students and families.

Starting in 2027, federal taxpayers can annually claim a dollar-for-dollar tions to qualifying scholarship-granting organizations: up to $1,700 for individuals and $3,400 for married couples filing jointly.

Happening Now:

Today, I joined Deputy Secretary Francis Brooke and Federal Reserve Chair Kevin Warsh for a productive meeting with Korean Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il and Bank of Korea Governor Hyun Song Shin.

Our four institutions exchanged views on conditions in both countries and discussed opportunities to further strengthen U.S.-Korea economic and financial cooperation.

What began as @TreasurerBeach’s ambitious challenge to more than double @usmint’s annual sales became a historic achievement in FY 2026.

Congratulations to Director Paul Hollis and the entire U.S. Mint team on their exceptional work celebrating America’s 250th anniversary and delivering the Bureau’s highest sales in over two decades.