Bessent talks about tax enforcement — carefully
During Scott Bessent's confirmation hearing Thursday, Sen. Ron Wyden, an Oregon Democrat, pressed President-elect Trump's nominee for Treasury secretary on what resources he would support for IRS ...
Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of ...
Scott Bessent backs Fed independence, dollar, sanctions on Russian oil
Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with ...
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Senator Elizabeth Warren grills Treasury nominee Bessent on crypto policy
Senator Elizabeth Warren brought the heat ahead of Treasury Secretary nominee Scott Bessent’s confirmation hearing scheduled ...
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.
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IRS commissioner becomes latest official to exit post on Inauguration Day
Other officials have also announced they will resign on Inauguration Day, including FBI Director Christopher Wray, Securities ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...