President Trump’s removal of Billy Long as head of the IRS after only two months on the job has cast an uncomfortable ...

Turnover at the top of IRS means fewer IRS agents, fewer audits and questions about implementing the new tax law ...

Following Billy Long's announced departure from the Internal Revenue Service, which came less than two months after he was ...

Billy Long, who was sworn in just under two months ago, was already the sixth person to hold the job this year. He told NBC ...

The former congressman and auctioneer had been confirmed by the Senate in June. He was the sixth commissioner of the agency ...

Treasury Secretary Scott Bessent told countries Wednesday not to "panic" after the Aug. 1 trade deadline because deals could still be negotiated -- while explaining that the US didn't sign off on ...

Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling on the central bank to be more open going forward in their approach ...

What Happened: U.S. Treasury Secretary Scott Bessent stated on Tuesday that President Trump holds the ultimate authority over the trade deals and the impending tariff truce, CNBC reported.

But U.S. Treasury Secretary Scott Bessent tamped down any expectation of Trump rejecting the extension. The Reuters Daily Briefing newsletter provides all the news you need to start your day.

After discussing with Chinese officials whether to extend the tariff truce with Beijing, Treasury Secretary Scott Bessent told reporters Tuesday: “Nothing is agreed until we speak with President ...

Treasury Secretary Scott Bessent said that trade talks with China were “far reaching, robust and highly satisfactory” but that President Trump would ultimately decide if an extension of a ...