The shakeup stems from a clash between Treasury Secretary Scott Bessent and Elon Musk, according to media reports.

President Donald Trump has replaced the acting IRS commissioner just days after he appointed him. The new acting head is ...

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...

The US took steps to impose levies on Chinese ships that dock at US ports, escalating the trade war between the world's two ...

Acting IRS Commissioner Gary Shapley is departing the agency amid disagreements between Treasury Secretary Scott Bessent and ...

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...

The president had picked Gary Shapley on Tuesday to run the agency after the previous IRS interim head, Melanie Krause, ...

Janet Yellen remains wrong on a host of issues — including inflation, sanctions enforcement and U.S. interest rates.

President Trump signaled he was open to negotiations with trading partners this week, even as the US took steps to escalate its fast-moving trade war with China. On Thursday, Trump struck an ...

US threatens to halt peace talks while Kyiv nears minerals deal with Trump - Ukrainian officials announce they have signed an ...

Several of President Donald Trump's top Cabinet officials are in Paris on Thursday to engage with their European counterparts on how to end the Russia-Ukraine war.