The Department of Homeland Security can partner with the IRS to permit ICE to access taxpayer information to locate illegal ...

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, ...

WASHINGTON — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend ...

President Donald Trump’s effort to do as much as possible as quickly as possible to remake the federal government would gut ...

The tax agency has shed over 20,000 employees through the deferred resignation program, and more significant cuts are still ...

Scott Bessent told Congress this week that the US is nearly out of time, the money situation is tight, and crypto regulation can’t be delayed anymore.

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 ...

Federal Reserve Chair Jerome Powell won’t cut interest rates today, but he might sometime soon. No matter what, he’s in a ...

Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...

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

Since Trump took office, the IRS has also reportedly decided to cut its free, online tax filing service and paused much of ...