Since President Donald Trump took office, the Internal Revenue Service has churned through four acting leaders and spiraled ...

The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on ...

WASHINGTON—It’s Michael Faulkender’s turn in the hot seat atop the Internal Revenue Service, a notoriously hard D.C. job that ...

Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...

Potential policy changes could offer opportunities for CFIUS filers in low-risk transactions while introducing added challenges for ...

Treasury Secretary Scott Bessent wrote on X that Deputy Treasury Secretary Michael Faulkender would take over Gary Shapley’s ...

The Trump administration sanctioned three vessels and their owners for providing support to the Houthis – the Iranian ...

The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be ...

Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilizing attacks ...