An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in ...

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

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, ...

WASHINGTON — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend ...

News of the IRS's plan came from US Treasury Secretary Scott Bessent during a House Appropriations Committee hearing Tuesday to discuss the Treasury's budget proposal. (The IRS is a subsidiary of the ...

WASHINGTON (AP) — The more President Donald Trump talks about his efforts to reach deals with America’s trading partners, the ...

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 ...

Federal Reserve Chair Jerome Powell won’t cut interest rates today, but he might sometime soon. No matter what, he’s in a ...

Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...