News

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 ...
Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the ...
Since Trump took office, the IRS has also reportedly decided to cut its free, online tax filing service and paused much of ...
The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here's what to know.
Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January.
U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been appointed acting Internal Revenue Service commissioner, replacing long-time IRS ...
An intense exchange of words took place at the White House between Elon Musk and Treasury Secretary Scott Bessent, according ...
Pa., weighs in on Treasury Secretary Scott Bessent's vow to end the politicization of IRS audits and the NIH's 'abuse' of ...
During a House Financial Services Committee hearing on Wednesday, Rep. Dan Meuser (R-PA) commended Treasury Sec. Scott Bessent for recent small business actions.
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.