Gary Shapley, whom President Donald Trump named acting commissioner of the Internal Revenue Service earlier this week with ...

The shakeup stems from a clash between Treasury Secretary Scott Bessent and Elon Musk, according to media reports.

President Trump has said China has reached out to negotiate a deal. Another official said the administration has already been ...

The US took steps to impose levies on Chinese ships that dock at US ports, escalating the trade war between the world's two ...

The United States will walk away from efforts to broker a Russia-Ukraine peace deal after months of efforts have failed to ...

Trump and Powell are on a "collision course," said The Wall Street Journal. Trump wants Powell to cut interest rates to ...

President Donald Trump will replace Internal Revenue Service Acting Commissioner Gary Shapley, who was backed by Elon Musk, ...

NBC News has confirmed the fact that Shapley has been ousted. The Times’ report added that the next acting IRS chief is expected to be the deputy secretary of the Treasury, Michael Faulkender. If that ...

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

The Trump administration's tariff war with China is most often seen through the lens of the economy. But to many economists, ...

Japan does not manipulate the currency market to weaken the yen, Finance Minister Katsunobu Kato told parliament on Friday, ...

Donald Trump is showing why independent central banks are a good idea. The president’s double tirade against Federal Reserve ...