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

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

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 ...

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.

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 ...

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 ...

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