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

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

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

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 ...

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.

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.

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 ...

The tax agency has shed over 20,000 employees through the deferred resignation program, and more significant cuts are still ...

Scott Bessent once managed over $26 billion ... Trump later appointed Faulkender as the head of the IRS. Bessent mixes financial instincts with political clout. Whether he is striking trade ...