Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S.

Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate ...

The Senate Finance Committee voted 16-11 to advance Bessent’s nomination, clearing the way for a Senate floor vote in the coming days. Two Democrats — Sens. Mark Warner (D-Va.) and Maggie Hassan ...

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration ...

The Senate Finance Committee on Jan. 21 advanced the nomination of Scott Bessent, President Donald J. Trump’s pick for ...

The creation of a separate department will likely need congressional support, though Trump could try to establish the ...

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some ...

Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though ...

U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service ...

Trump said on social media that the new department would be created on his first day when he takes office on January 20.