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 expect that momentum to 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.

Thank you, @elonmusk, for investing in the next generation. More than $8 billion has already been deposited into children’s accounts, and this extraordinary donation will push that total even higher. As @TrumpAccounts continues to grow we look forward to more philanthropists joining the movement and helping children across America jumpstart their financial future. For more information, please visit TrumpAccounts.gov and download the Trump Accounts app to claim your child’s account today. 🇺🇸

Federal student aid is intended to expand educational opportunities, not line the pockets of fraudsters who steal from students pursuing their education and hardworking taxpayers. The Trump Administration will not tolerate criminals who exploit government programs for personal gain. Treasury is working with financial institutions and law enforcement to identify these fraud schemes, recover stolen funds, and hold those responsible accountable.

I am taking @VP’s Pledge to Protect Americans from Fraud. At Treasury, we follow the money. Over the past year, Treasury returned $175 million in payments that would have gone to deceased individuals and expanded Do Not Pay access to 99% of federal programs. Further, we stopped almost $190 million and returned over $100 million in funds that had gone overseas to U.S. victims. We ordered an audit of approximately $9 billion in Treasury contracts. And Treasury and the IRS proposed stronger eligibility checks for health insurance tax credits. In Minnesota, we took targeted measures to help ensure that taxpayer dollars reach the vulnerable Americans they are meant to support. And we continue working with U.S. banks to prevent government benefits fraud before it happens. But fraud does not stop at our borders, and neither do we. Overseas scam networks and cartels that prey on elderly Americans with fraud schemes are now sanctioned by the United States. Treasury is also making it easier for those with firsthand knowledge of fraud to expose it by accepting confidential whistleblower tips and offering cash rewards. If these fraudsters want to turn on each other, we welcome the assistance. The Trump Administration will not allow criminals, at home or abroad, to profit from programs intended to help vulnerable Americans. home.treasury.gov/whistleblo…

Happening Now:

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.

The noose is tightening around Iran’s economy, and not even Iran’s so-called allies can save it. The Department of the Treasury will not relent until the Iranian regime’s coffers are empty and every remaining financial lifeline sustaining its war machine has been severed.

Under President Trump’s leadership, Treasury will not allow the Iranian regime to continue its long history of abusing religious institutions to line the pockets of its elites and fund terrorism. By identifying and reporting this potential abuse, financial institutions can provide law enforcement with critical information to isolate the Iranian regime and its financial enablers.

Hardworking American taxpayers should not be forced to subsidize health care for people who are ineligible under federal law. Today’s proposed rules implement the common-sense reforms enacted by the Working Families Tax Cuts to close eligibility loopholes and ensure taxpayer-funded Premium Tax Credits are reserved for eligible Americans. Under @POTUS, this Administration is cracking down on fraud and corruption; holding bad actors accountable; lowering health care costs for Americans; and restoring integrity to our tax code and health care system. home.treasury.gov/news/press…

Thanks to @POTUS’ leadership, we are delivering on his commitment to guarantee Fair Banking for all Americans. Our review @USOCC documents how banks’ use of subjective “reputation risk” policies restricted access to financial services based on customers’ beliefs and lawful business activities. Victims spanned across the political spectrum, ranging from small businesses that sold merchandise supporting the President to companies that donated predominantly to Democrats. Under this @USTreasury Department, that won’t happen again. We will continue working to ensure Americans have fair access to our banking system, regardless of their political or religious views. Read the full report: occ.gov/news-issuances/news-…

Today’s action exposes Cartel del Noreste’s exploitation of the horse racing sector to launder illicit proceeds and finance cartel operations. This action marks Treasury’s most significant effort to date to disrupt Cartel del Noreste’s financial infrastructure. Treasury, in close coordination with our law enforcement partners, remains committed to protecting the U.S. financial system from misuse by violent cartels.

Today, I spoke virtually with Republic of Korea Deputy Prime Minister and Minister of Finance and Economy Lee Hyoung-il. I congratulated Deputy Prime Minister Lee on his new role and underscored the importance of the U.S.-Republic of Korea economic and financial relationship. We also discussed shared economic priorities and opportunities to strengthen bilateral cooperation. home.treasury.gov/news/press…

More than five centuries ago, the son of a wool weaver from Genoa sailed westward to widen the boundaries of the known world. Across a vast and punishing Atlantic, the voyage exhausted the patience of its crew, but never the conviction of its captain. Christopher Columbus kept going. Two hundred and fifty years after America’s founding, we still marvel at the restless spirit of discovery that revealed the New World to the Old. President Trump has defended Columbus against the radical left’s campaign to erase his legacy. Now, Columbus again stands where he belongs – within the great procession of figures who shaped our national story. Happy Columbus Day. Sail On.

Another day, another Econ 101 lesson for Professor Warren. Her “Trumpflation” tracker conveniently ignores the Bidenflation tidal wave that crushed American families, cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into office, and swaps official medical-care CPI data for premium projections when it suits her narrative. The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy. Here is the full picture, including an apples-to-apples comparison of President Trump’s real economic results measured against the failed policies Senator Warren championed under Biden.

Treasury is starving the tyrannical regime in Tehran of the money it uses to wage war in the region, and we will continue exposing those who enable the regime’s oil sales. No enabler of Iranian sanctions evasion is safe from the full force of Treasury’s authorities.

Iran has a new oil minister. Considering Iran has not loaded a single barrel of crude onto a vessel since August 25th, what is the oil minister managing?

Capital follows confidence. Since @POTUS took office, the United States has been the world’s leading destination for foreign direct investment. Under this Administration, lower taxes, fairer trade, and lighter regulation are ensuring that America remains the premier place to invest, build, hire, and innovate.

.@USTreasury continues to transform how the federal government protects taxpayer dollars by using better data, stronger controls, and advanced technology to stop fraud and improper payments before money goes out the door. In the past year alone, Treasury built and deployed new safeguards that verified more than $3.7 trillion in federal payments and increased Do Not Pay access from 4 percent of programs to 99 percent, ensuring agencies have access to the data they need. We are moving beyond ‘pay and chase’s and making prevention the federal government’s first line of defense. home.treasury.gov/news/press…