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 ...

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

“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 ...

The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here's what to know.

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

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, ...

Another mask-off moment, although fresh research says RoI for the tech is still lacking Following considerable cuts to its enforcement workforce, the US's Internal Revenue Service (IRS) plans to use ...

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 ...

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 ...

Bessent Says $2 Billion Cut From IRS Technology Budget Without Disruptions By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has ...