Treasury Secretary Scott Bessent and Rep. Maxine Waters clashed during a hearing regarding the Department of Government ...

U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information ...

The Department of Homeland Security can partner with the IRS to permit ICE to access taxpayer information to locate illegal ...

Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...

Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...

Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January.

Robert Goulder comments on whether tariffs are hidden taxes that should be routinely disclosed to retail consumers.

The Treasury Inspector General's office issued a report last week on IRS workforce reductions as of March indicating that more than 11,000 IRS employees (approximately 11 percent of the Service's ...

Scott Bessent told Congress this week that the US is nearly out of time, the money situation is tight, and crypto regulation can’t be delayed anymore.

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information technology budget without operational disruptions ...

WASHINGTON – Treasury Secretary Scott Bessent defended the Trump ... Bessent told the House panel that the Internal Revenue Service spent around $450 million on paper processing with 6,500 ...