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 United States will walk away from efforts to broker a Russia-Ukraine peace deal after months of efforts have failed to ...

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

NBC News has confirmed the fact that Shapley has been ousted. The Times’ report added that the next acting IRS chief is expected to be the deputy secretary of the Treasury, Michael Faulkender. If that ...

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

The acting commissioner of the U.S. Internal Revenue Service is being replaced after Treasury Secretary Scott Bessent ...

The Trump administration has escalated its ongoing battle with Harvard, threatening to block the university from enrolling ...

Cryptocurrency moguls heavily backed Donald Trump’s bid for the presidency, and he has already begun to pay them back by ...

President Donald Trump on Thursday again made clear his disdain for Federal Reserve Chair Jerome Powell, going so far as to ...

U.S. forces struck a major Houthi-controlled port on Yemen's Red Sea coast and Central Command (CENTCOM) said it had been ...