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

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.

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 ...

The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here's what to know.

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

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

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 will sit for his annual testimony before the House Financial Services Committee around 10:00 am. He is likely to face questions about President Trump's trade policies, ...

Lawmakers begin scrutinizing Trump's budget focusing on border security and tariffs, while Trump meets with Canada's Prime Minister Mark Carney.

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