In a move that has sparked bipartisan concern, the U.S. Treasury announced a suspension of enforcement of the Corporate Transparency Act, limiting reporting requirements only to foreign entities. Lawmakers argue that this decision, seemingly triggered by an Elon Musk tweet and benefiting politically connected insiders, undermines efforts to combat money laundering and financial crimes.

In response to an executive order signed by President Trump on March 25, 2025, the U.S. Treasury is mandated to phase out its use of paper checks in favor of electronic payments. This transition, intended to modernize government payments, raises concerns about the potential marginalization of vulnerable populations who rely on paper checks.

The U.S. Treasury Department and its Financial Crimes Enforcement Network scaled back enforcement of the Corporate Transparency Act by issuing regulations that narrow the companies required to report beneficial ownership information. This move has prompted bipartisan criticism and legal challenges questioning whether the action aligns with Congressional intent.

The U.S. Treasury announced on March 3, 2025, that it will suspend enforcement of penalties under the Corporate Transparency Act for U.S. citizens and domestic reporting companies. The move, framed as support for small businesses and hard-working taxpayers, also includes a proposal to narrow the rule’s scope to target only foreign reporting companies. Officials tied the decision to President Trump’s deregulatory agenda.

The U.S. Treasury, operating under the Biden administration, sanctioned two Chinese entities accused of cyberattacks, including one firm linked to recent espionage activities. This move is presented as part of efforts to counter authoritarian influences and protect US interests.

On March 5, 2024, the U.S. Treasury's Office of Foreign Assets Control (OFAC) sanctioned two individuals and five entities connected to the Intellexa Consortium for their roles in developing and disseminating commercial spyware used against U.S. government officials, journalists, and policy experts. The move aims to deter the misuse of advanced surveillance technologies that threaten civil liberties and democratic institutions.

U.S. Treasury Secretary Janet Yellen imposed sanctions on two individuals and three companies linked to the Intellexa Consortium for their role in proliferating commercial spyware, including tools used by authoritarian regimes. This move aligns with broader efforts to restrict the dissemination of surveillance technology that can undermine civil liberties.

A group of U.S. lawmakers, including prominent Democrats, called on the Treasury Department to impose Global Magnitsky sanctions on surveillance companies such as Israel’s NSO Group, DarkMatter, Nexa Technologies, and Trovicor for their alleged roles in enabling authoritarian regimes and human rights abuses. As of the report, Treasury spokespersons had not responded, leaving the department’s stance unclear.

On August 28, 2023, the U.S. Treasury released its most comprehensive report on the benefits of labor unions, detailing how unionization enhances wages, workplace safety, and economic resilience. The report, part of over 70 actions by the White House Task Force on Worker Organizing and Empowerment chaired by Vice President Harris, underscores progressive policies aimed at strengthening the middle class and reducing inequality.

On August 28, 2023, the U.S. Treasury released a report detailing how labor unions improve wages, working conditions, and economic equality, thereby bolstering the middle class and promoting progressive, worker-friendly policies.

Thirteen Democratic lawmakers sent a letter to Treasury Secretary Janet Yellen and Secretary of State Antony Blinken urging the imposition of Global Magnitsky sanctions on officials from surveillance companies like NSO Group, DarkMatter, Nexa Technologies, and Trovicor, alleging that these firms enable human rights abuses by authoritarian regimes.