News

Bessent makes first visit to IRS as acting commissioner

Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner Thursday, days after President Trump ousted Billy Long from the position.

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.
Texarkana Gazette1d

Scott Bessent ousts 3 more IRS executives, asserting greater control

Treasury Secretary Scott Bessent ousted three senior IRS executives this week responsible for online tax services and the ...
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 ...
Stocktwits on MSN15h

Larry Summers Slams Scott Bessent For Publicly Prescribing Monetary Policy, Says 175 Bps Cut Unwarranted Unless Recession Strikes

Former Treasury Secretary Larry Summers on Sunday took a potshot at President Donald Trump’s administration for being too ...

Scott Bessent Sees Nvidia-AMD China Deal As Blueprint, Facebook Users Claim $725 Million, Intel Surges On Trump Stake Buzz — Weekly Tech Recap

Facebook's $725M settlement payouts, a U.S. revenue-sharing deal with Nvidia and AMD, Intel stake talks, an AI ...

New Bitcoin Purchases by the U.S. Government Still on the Table, Bessent Says

Initially, Bessent disappointed Bitcoin fans Thursday morning when he said the U.S. government’s so-called strategic Bitcoin ...

U.S. Isn’t Buying More Crypto, Bessent Says

Treasury Secretary Scott Bessent said the U.S. doesn’t plan to acquire more crypto assets for its bitcoin reserve. “We’ve ...
The Daily Hodl3d

US Government Exploring Opportunities To Amass More Bitcoin for the BTC Strategic Reserve, Says Treasury Secretary Scott Bessent

Treasury Secretary Scott Bessent says that the US is exploring new ways to stockpile Bitcoin (BTC) to further its strategic ...
Slingshot News on MSN14h

'You Don't Have To Fear The President': When Al Green Made A Fool Out Of Scott Bessent, Mocked His Fear Of Trump During Tense Exchange In Hearing

During his remarks in a House hearing in May, Representative Al Green made a fool out of Treasury Secretary Scott Bessent for ...

Treasury Secretary Scott Bessent fails to divest his financial holdings and hit with watchdog warning

Trump’s Treasury Secretary Scott Bessent has failed to divest his financial holdings, the government’s ethics watchdog has ...