It's becoming increasingly apparent that billionaire Elon Musk wasn't some great mastermind, puppeting president Donald Trump ...

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

The Department of Homeland Security can partner with the IRS to permit ICE to access taxpayer information to locate illegal ...

Elon Musk went on a furious posting spree in response into a damning profile detailing his diminishing influence in the White ...

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 ...

Elon Musk and Treasury Secretary Scott Bessent engaged in a fiery confrontation inside the West Wing last week during a dispute over the Internal Revenue Service (IRS), two eyewitnesses and three ...

Scott Bessent once managed over $26 billion ... They argued about who should run the Internal Revenue Service (IRS). Musk's choice was Gary Shapley, and Bessent's choice was Michael Faulkender.

Jesus is a Newsweek reporter based in New York. Originally from Bogotá, Colombia, his focus is reporting on politics, current affairs and trending news. He has covered current affairs, healthcare ...

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

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.