Today, Treasury and the IRS released new guidance to help American workers claim deductions for tips and overtime pay under the One Big Beautiful Bill.

Thanks to President Trump, this historic law ensures millions of hardworking Americans will keep more of what they earn.

With the American people just now emerging from the longest and most devastating government shutdown in U.S. history, we cannot ignore the weapon Senate Democrats used to take the country hostage.

If the radical left once again chooses to shut down the government in January, Republicans should move to immediately end the legislative filibuster.

Democrats could not stop President Trump in the courts or the media, so they shut down the government instead, harming the American people and costing the economy $11 billion and 1.5% of GDP.

If they do it again, Republicans must end the filibuster.

President Trump committed to bringing manufacturing jobs back to the U.S., and investments like the rare earth facility in my home state of South Carolina are just the start.

With this administration’s pro-growth agenda, U.S. manufacturing will continue to accelerate through 2026 and 2027.

The President has delivered peace, tax, and trade deals.

He signed the One Big, Beautiful Bill into law that rewards hardworking Americans with No Tax on Tips, Overtime, or Social Security.

Expect more jobs, higher real incomes, and strong, non-inflationary growth in 2026, along with larger refunds in the first quarter.

Under the Biden administration, American families suffered from the “Four I’s”: Immigration, Interest rates, Inflation, and Insanity.

Now, thanks to President Trump’s leadership, the border is secure, the bond market is rebounding, and strength in the White House has been restored.

Our Administration continues to focus on tackling inflation and making America affordable again.

President Trump promised to return the power of education to the states and support school choice. Through the historic passage of the One, Big, Beautiful Bill, we’re seeing the fruits of that labor.

Beginning in 2027, taxpayers can claim a $1,700 federal tax credit for contributions to qualifying Scholarship Granting Organizations, marking the first time a federal tax credit directly supports private donations for K-12 education. Treasury is working with states now to ensure readiness for implementation.

Education is the first step to financial freedom, and the Trump Administration is committed to providing pathways to support students nationwide.

In light of her sanctimonious letter to @jctgov, perhaps @SenWarren needs a reminder that President Trump’s working families tax cut – which the Senator opposed – also included billions in retroactive tax breaks designed to help hardworking Americans, including No Tax on Tips, No Tax on Overtime, tax deductions for seniors, an increased child tax credit, and lower rates across the board for all income brackets.

The American people should not forget that the Senator voted for the largest tax hike on working families in American history, as well as for hundreds of billions of dollars in Green New Deal energy tax credits specifically targeted at providing resources to large corporations and big banks.

And now, Senator Warren is penalizing American manufacturers, small business owners, and agricultural producers for job-creating investments into our nation’s economy.

Under her stewardship, it is no wonder the Massachusetts Miracle has become the Massachusetts Malaise. Hardworking citizens are fleeing the Commonwealth in droves.

Alongside her fellow radical leftist comrades-in-arms, the Senator’s continued promotion of economic suffering demonstrated through both this letter and her larger voting record reflects her personal beliefs and the Democrats' broader anti-prosperity socialist agenda.

Thanks to the hard work and determination of @POTUS, this Administration remains laser focused on pro-growth, pro-prosperity policymaking that puts everyday Americans first.

Under @POTUS, barbaric terrorist cartels can no longer operate with impunity across our borders. The Tren de Aragua network’s narcotrafficking and human smuggling operations have long posed a grave threat to our nation.

At the direction of @realDonaldTrump, we will continue to use every tool to cut off these terrorists from the U.S. and global financial system and keep American citizens safe.

2026 is shaping up to be a great year. President Trump’s peace deals, trade deals, and tax cuts are laying the foundation.

With deregulation freeing up the economy, U.S. companies will thrive, and manufacturing will make a comeback.

Get ready for growth.

Very proud to attend the swearing in of @DFCgov @DFC_CEO Ben Black and @EximBankUS Chairman @JJovanovicUSA by @VP @JDVance.

@POTUS @realDonaldTrump’s selection of these two dynamic leaders demonstrates well the incredible depth of young talent within the Trump Administration. DFC and ExIm are in smart, capable hands.

Thanks to President Trump, the health of the U.S. government's finances is improving.

The current calendar year-to-date deficit is $1.52 trillion, which compares to a deficit of $1.93 trillion for the comparable period last year under Biden, a 21% drop.

Not only is the deficit smaller under President Trump - the economy is also bigger. The full 2025 calendar year budget deficit to GDP may total only 5.5%, substantially lower than the unsustainably high 6.8% in calendar year 2024 under Biden.

Under @POTUS' leadership, we will grow our way out of debt and into prosperity.

My thanks to @EUAmbUS Ambassador Neliupšienė for hosting discussions this morning with the 27 EU Ambassadors to the United States.

President Trump is the President of Peace, and I reiterated that under his leadership, America will continue to prioritize ending the war in Ukraine.

During our talks, I emphasized that concrete progress on the EU’s growth and competitiveness goals is of keen interest to the United States, as is this week’s finalization of the side-by-side agreement for the Pillar 2 global minimum tax.

The path forward on Pillar 2 is clear, and I would urge all remaining holdouts to join the consensus on the path forward for this critical issue.

Congratulations to President-Elect @joseantoniokast of the Republic of Chile on his well-deserved electoral victory.

Much like Argentina under President @jmilei, Chile has resoundingly rejected the failures of Communism, choosing instead a brighter future of peace, order, growth, and hope.

Under the guidance of @POTUS, we look forward to the revitalization of the relationship between our nations.

Congratulations to President-Elect @joseantoniokast of the Republic of Chile on his well-deserved electoral victory.

Much like Argentina under President @jmilei, Chile has resoundingly rejected the failures of Communism, choosing instead a brighter future of peace, order, growth, and hope.

Under the guidance of @POTUS, we look forward to the revitalization of the relationship between our nations.

.@POTUS @realDonaldTrump is fighting relentlessly to protect our nation from terrorist drug cartels poisoning Americans with fentanyl.

Designating illicit fentanyl and its core precursor chemicals as Weapons of Mass Destruction will provide Treasury even greater flexibility to take action against financial institutions who launder money to support the manufacturing, distribution, or sale of fentanyl.

With apologies to @SenWarren, you can’t memory hole three of the largest US bank failures – Silicon Valley Bank, Silvergate Bank, and Signature Bank – which occurred in 2023, all under the Senator’s beloved and ill-conceived regulatory straitjacket as enforced by the Biden Administration.

Over-regulation is not the solution to what ails the American banking system. Rigorous, responsible supervision is.

The initial report on the 2023 debacle by former Vice Chairman for Supervision, Michael Barr, was an exercise in obfuscation and sophistry. The American people deserve supervisors who are not asleep at the wheel, and the incoming Chairman of the Federal Reserve should undertake a thorough investigation of the systemic and oversight failures that led to that disaster.

This week, it was my pleasure to join @SpeakerJohnson, @SenKatieBritt, @jgebbia, Frank Bisignano and other administration officials to launch the @TrumpAccounts website and discuss how Trump Accounts will not only restore the American Dream for the next generation; but make it more accessible than ever before.

@POTUS is putting the American Dream within reach of every citizen, no matter the circumstances of their birth. When young Americans turn 18, they can use their Trump Accounts to keep saving for their retirement. Or they can use them to help purchase a new home or further their education—two hallmarks of the American Dream.

At this year’s @USTreasury Christmas Reception, it was my privilege to present Shirley E. Gathers with the Hamilton Award, the highest recognition that the Treasury Secretary can bestow on a Treasury employee.

With a career spanning more than four decades and six Secretaries, Shirley has served the American people with exceptional humility, dedication, integrity, and an unshakeable commitment to public service.

Her legacy has set the gold standard for administrative professionalism, and it was my honor to also announce the Creation of the Shirley E. Gathers Award for Administrative Excellence.

Going forward, this award will be given specifically to administrative professionals who, like Shirley, exemplify the utmost professionalism, judgment, and attention to detail in their work. We hope that she will come back every year for its presentation.

Congratulations again, Shirley, on a remarkable career and a well-deserved retirement.

The private economy is booming under @POTUS @realDonaldTrump. Real GDP growth excluding government is up 4.7% at an annualized rate over the last two quarters. This is the exact opposite of what happened under Biden, when government growth contributed to historic inflation and depressed living standards. The current Trump-led surge points to a significant increase in hiring in the months ahead and the large paychecks that will inevitably accompany these jobs.