News

The Auctioneer and the Treasury Chief: How Billy Long Fell Short at the I.R.S.

Treasury Secretary Scott Bessent sought total control over the I.R.S., an agency where Mr. Long, the new commissioner, had ...
Opinion

Scott Bessent’s sudden visit to IRS office — with whistleblowers — sends strong message just days after sixth commish was ousted

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking charge of the organization after a period of uncertainty — six days ...
Axios on MSN5h

Bessent makes first visit to IRS as commissioner

Treasury Secretary Scott Bessent made his inaugural visit to the IRS as acting commissioner on Thursday, after he replaced ...
Raw Story on MSN9h

IRS chief 'wondered why he had been asked to do the job' before being booted: report

Donald Trump appointee Billy Long’s two-month tenure at the Internal Revenue Service was littered with missteps, confusion ...

Treasury announces the end of federal paper checks on Sept. 30

People who receive federal checks in the mail will have to switch to an electronic payment method by the end of September or risk experiencing payment delays.

Asian markets mixed as bitcoin surges to new high

Bitcoin hit a new peak during early Asian trading on Thursday, as the yen surged after the US Treasury Secretary said he expects Japan to hike interest rates. The cryptocurrency rose above its ...