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US Treasury's Bessent ousts IRS acting chief, names deputy to temporary role
U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...
Bessent tells investors Trump tax cuts could be passed by July 4
Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...
Treasury Secretary Bessent Predicts Tax Cuts to Pass by July 4
Treasury Secretary Scott Bessent said on Tuesday that he thought an extension of President Trump’s 2017 tax cuts could be ...
Bessent Replaces Acting IRS Commissioner in Musk Power Struggle
Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting commissioner of the Internal ...
Elon Musk and Scott Bessent Had 'WWE' Incident in West Wing: Report
DOGE leader Musk, the billionaire adviser to the president, has had several reported tense confrontations with Trump ...
Acting IRS chief, a Hunter Biden whistleblower, to be ousted amid Musk-Bessent dispute
The acting head of the IRS is reportedly being ousted after Treasury Secretary Scott Bessent complained to President Donald ...
With all the changes at the IRS, how likely are you to be audited? It’s unclear
Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...
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Elon Musk 'squared up' to US Treasury secretary amid 'WWE-style shouting match' over IRS appointment
Elon Musk reportedly “squared up” to US Treasury Secretary Scott Bessent amid a “WWE-style shouting match” over who should ...