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.

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 ...

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.

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.

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,

President Trump issued an EO, “Strengthening American Leadership in Digital Financial Technology.” The same day, the SEC published

Initially, the IRS made Direct File available only to government employees in 12 states: Arizona, California, Florida, Massachusetts, Nevada, New Hampshire, New York, South Dakota, Tennessee, Texas, Washington State and Wyoming. It was later made available to private-sector taxpayers.

William Hartson of Massillon had been sentenced to prison for hiding 17 pounds of cocaine inside checked baggage on a flight to Cleveland.

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of