Scott Bessent told House lawmakers that better IT and artificial intelligence will “enhance collections” at the tax agency, ...

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

As of March 2025, the IRS workforce had fallen by more than 11,000 employees, or 11%, according to a Treasury Inspector ...

Since Trump took office, the IRS has also reportedly decided to cut its free, online tax filing service and paused much of ...

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

Internal Revenue Service leadership underwent another shuffle on Friday ... Efficiency (DOGE), but apparently without the approval of Treasury Secretary Scott Bessent. Bessent reportedly protested ...

Another mask-off moment, although fresh research says RoI for the tech is still lacking Following considerable cuts to its enforcement workforce, the US's Internal Revenue Service (IRS) plans to use ...

Pa., weighs in on Treasury Secretary Scott Bessent's vow to end the politicization of IRS audits and the NIH's 'abuse' of ...

“Trust must be brought back to the IRS, and I am fully confident that Deputy Secretary Michael Faulkender is the right man for the moment,” Treasury Secretary Scott Bessent said in a statemen ...

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 ...

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, May 6 (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 ...