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 ...

The acting commissioner of the IRS was fired Friday after Treasury Secretary Scott Bessent reportedly complained to President Donald Trump that DOGE cost-cutter in chief Elon Musk did not ask for ...

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, ...

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

“After reports this morning revealed that Treasury Secretary Scott Bessent was frustrated that Elon Musk’s DOGE installed an acting IRS commissioner without consulting with him, it appears ...

An intense exchange of words took place at the White House between Elon Musk and Treasury Secretary Scott Bessent, according to reports from American media. The conflict centered on the reform of the ...

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

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

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.

WASHINGTON, May 6 (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 ...