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During a House Financial Services Committee hearing on Wednesday, Rep. Dan Meuser (R-PA) commended Treasury Sec. Scott Bessent for recent small business actions.
The Register on MSN1d
IRS hopes to replace fired enforcement workers with AIAnother 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 ...
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 ...
Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...
As of March 2025, the IRS workforce had fallen by more than 11,000 employees, or 11%, according to a Treasury Inspector ...
Since Trump took office, the IRS has also reportedly decided to cut its free, online tax filing service and paused much of ...
Fox Business on MSN2d
What else is 'unacceptable and wasteful' at the IRS?Pa., weighs in on Treasury Secretary Scott Bessent's vow to end the politicization of IRS audits and the NIH's 'abuse' of ...
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 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, ...
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