Bessent now makes history as the first openly gay Treasury Secretary and the second openly gay Cabinet member in U.S. history, following Transportation Secretary Pete Buttigieg. Find out more ...

Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...

Scott Bessent told finance leaders that “America first does not mean America alone” in a bid to heal the worldwide rifts ...

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

Steve Bannon, a former adviser to President Trump, sharply criticized Department of Government Efficiency (DOGE) leader and ...