Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and Jobs Acts, tax filing deadlines, and more
US Treasury nominee Scott Bessent faces sharp questions from Democrats at confirmation hearing
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Watch: Scott Bessent testifies at secretary of the treasury confirmation hearing
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
Democrats: Bessent avoided Medicare tax on hedge fund earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.
Trump Era Will Usher 'Economic Golden Age,' Treasury Pick Scott Bessent
Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."
Trump's Treasury pick Bessent won’t discriminate on tax cheats, vows fairness
Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.
Bessent warns of ‘devastating’ consequences if tax cuts lapse
Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump’s intended Treasury secretary nominee.
Trump announces new External Revenue Service to collect foreign money
President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.
Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
Trump's Treasury pick Bessent defended tariffs. But 'jitters' remain for markets.
Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary.
Bessent talks about tax enforcement — carefully
During Scott Bessent's confirmation hearing Thursday, Sen. Ron Wyden, an Oregon Democrat, pressed President-elect Trump's nominee for Treasury secretary on what resources he would support for IRS enforcement against rich households.
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Scott Bessent Faces Intense Scrutiny from Democrats at Treasury Confirmation Hearing
Scott Bessent, US Treasury nominee, faces scrutiny from Democrats on tax policy and national debt during Senate Finance Committee hearing.
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.