Mr. Bessent’s deputy, Michael Faulkender, will be the new acting leader, replacing Gary Shapley, the Treasury Department confirmed on Friday. Mr. Faulkender will be the third acting leader of the ...

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

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

The clash was the latest instance of Musk's influence in the Trump administration alarming top officials and has deepened the ...