Scott Bessent

The Treasury secretary touted some of President Trump's campaign proposals, including not taxing tips, Social Security or overtime.

President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, to lead the IRS, after Gary Shapley had been installed without Bessent's knowledge.

Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.

The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.

The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.

The Treasury named a pair of IRS agents as special advisors to Treasury Secretary Scott Bessent, and plans key roles for them at the IRS.

Treasury Secretary Scott Bessent and congressional leaders will begin meeting weekly as Republicans look to shape a tax cut package with a year-end deadline.

The Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.

The Treasury Secretary said one person at the Internal Revenue Service "is looking at an outdated IT system, that's all they're doing."