Tax experts, IRS employees and former Treasury Department officials are all warning that the US government could lose ...

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

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said the ... adding that this effort would reduce future Internal Revenue Service outlays by hundreds of millions of dollars ...

WASHINGTON – Treasury Secretary Scott Bessent defended the Trump ... Bessent told the House panel that the Internal Revenue Service spent around $450 million on paper processing with 6,500 ...

The Senate Finance Committee voted 16-11 Tuesday to support Scott Bessent’s nomination ... and that the Treasury Department and Internal Revenue Service have objected to.

But the Internal Revenue Service falls under the purview of Treasury Secretary Scott Bessent, who had repeatedly bristled at DOGE’s attempts to intervene at his agency. Asked about the clash ...

Treasury Secretary Scott Bessent said he expects negotiations with trading partners over tariffs to conclude by the end of the year but acknowledged that talks with China had not yet begun.

open image in gallery Treasury Secretary Scott Bessent and Elon Musk got into a heated argument at the White House according to reports. (REUTERS) According to Axios, Bessent threw barbs at Musk ...

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 and intends to save ...