Lawmakers on Capitol Hill questioned Scott Bessent’s stance on ... If confirmed, Bessent will oversee massive agencies within the Treasury Department, including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats ...
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
Rep. Marjorie Taylor Greene said Trump "was elected to put the federal bureaucracy in its place, and that includes back in the office."
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.”
Lawmakers on Capitol Hill questioned Scott Bessent ... agencies within the Treasury Department, including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats ...
Buckley Carlson, a former Capitol Hill aide and the son of conservative media personality Tucker Carlson, is set to join Vice President JD Vance&#039
What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS. The short answer is no, not without congressional cooperation. Like other presidents, Trump lacks the constitutional authority to create a whole new federal agency such as the ERS.
The White House budget office has ordered a pause in grants, loans and other federal financial assistance, according to a memo sent to government agencies on Monday, potentially paralyzing a vast swath of programs and sowing confusion and alarm among the array of groups that depend on them.
Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, child support and taxes, tax stats, and more.
If Elon Musk is serious about cutting government waste, fraud, and abuse, he may find help in an unusual place: Elizabeth Warren. While many Democrats in Congress want nothing to do with the billionaire who spent a fortune to help elect Donald Trump,
Specifically, the Short Line Railroad Tax Credit Modernization Act, H.R. 516, which is cosponsored by U.S. Rep. Mike Thompson (D-CA), would amend the Internal Revenue Code of 1986 to increase the tax credit — also known as the 45G tax credit — from $3,500 to $6,100.