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 ...

As of March 2025, the IRS workforce had fallen by more than 11,000 employees, or 11%, according to a Treasury Inspector ...

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

Scott Bessent and Elon Musk's apparent feud has sparked several speculations, one of them being the billionaire ‘unfollowing’ the Trump official on X ...

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been appointed acting Internal Revenue Service commissioner, replacing longtime IRS ...

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 ...

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

“Trust must be brought back to the IRS, and I am fully confident that Deputy Secretary Michael Faulkender is the right man for the moment,” Treasury Secretary Scott Bessent said in a statemen ...

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 ...