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IRS, Bessent and acting commissioner

Reuters on MSN · 20h

US Treasury's Bessent ousts IRS acting chief, names deputy to temporary role

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been appointed acting Internal Revenue Service commissioner, replacing longtime IRS career official Gary Shapley in the temporary role.

POLITICO on MSN · 22h

Latest IRS acting chief ousted amid Musk vs. Bessent turf feud

President Donald Trump is replacing the fourth IRS chief this year amid complaints by Treasury Secretary Scott Bessent that he was not consulted on the appointment after Elon Musk recommended the person,

CNN on MSN · 19h

Trump’s pick for acting IRS commissioner is ousted days after his appointment

Gary Shapley, whom President Donald Trump named acting commissioner of the Internal Revenue Service earlier this week with the support of Elon Musk, will no longer serve in the role, sources told CNN — a win for Treasury Secretary Scott Bessent’s office,

21h

Head of I.R.S. Is Ousted in Treasury’s Power Struggle With Elon Musk

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

3don MSN

Treasury Secretary Scott Bessent to Yahoo Finance: Not all tariff deals will be done in 90 days

Completing tariff deals with major countries may take longer than the 90-day pause the Trump administration instituted last ...

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How Scott Bessent’s LLC Flipped A House And Lost $100,000 In One Month

South Carolina real estate records show an odd transaction just as Bessent was taking office as Treasury Secretary.

6don MSN

‘I Think He Means It’: Scott Bessent’s Endgame

The Treasury secretary is seen as a moderating influence on President Trump. But he’s on a mission to disrupt government as ...

3don MSN

Treasury Secretary Scott Bessent to America's biggest CEOs: Stop worrying

CEOs have warned on the economy because of Trump administration tariff policies. US Treasury Secretary Scott Bessent has a ...

2don MSN

Summers: ‘Any self-respecting Treasury secretary would resign’ over Trump Harvard IRS directive

Former Treasury Secretary Larry Summers said on Thursday that Treasury Secretary Scott Bessent should resign before he ...

12don MSN

Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations

In an interview with NBC News’ “Meet the Press,” Bessent called it a “false narrative” that people who are close to retiring ...

3don MSN

Treasury Secretary Scott Bessent to Yahoo Finance: China hasn't weaponized Treasurys despite bond market volatility

Fresh bond market volatility stemming from the Trump administration's fast-moving tariff policies isn't lost on US Treasury ...

22hon MSN

Musk’s Secret MAGA Civil War With Scott Bessent Revealed

Treasury Secretary Scott Bessent has emerged victorious after a fiery secret battle with Department of Government Efficiency ...

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Head of IRS Is Ousted Amid Treasury’s Power Struggle With Elon Musk

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

4don MSN

White House will start interviewing candidates to succeed Fed Chair Jerome Powell this fall

Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...

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