U.S. Department of the Treasury is a state-owned entity headquartered in the US, founded in 1789 and employing approximately 11,480 individuals. The department specializes in government administration.
The U.S. Department of the Treasury faces scrutiny over a plan, unveiled on March 22, 2026, to feature Donald Trump on a commemorative 24-karat gold coin marking the United States’ 250th anniversary. The proposed coin, depicting Trump leaning on the Resolute Desk, would represent only the second instance of a sitting U.S. president appearing on coinage, drawing questions about its legality. Earlier on March 22, Iran reacted to the United States' recent decision to briefly relax sanctions on Iranian oil shipments already at sea, a step taken to ease rising global energy prices amid the ongoing West Asia conflict. Also on March 22, President Donald Trump’s administration announced the Treasury Department will assume responsibility for collecting defaulted federal student loan debt from the Department of Education, marking the initial phase in Treasury's plan to manage the entire federal student loan portfolio. This followed the United States' announcement on March 21 of a 30-day sanctions waiver for Iranian oil currently stranded at sea, a measure designed to alleviate global energy supply pressures. Concurrently, President Trump stated he is considering "winding down" the war on Iran and emphasized that other nations bear the responsibility for securing the Strait of Hormuz.
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