Trump, who has vowed to shrink the size of government, would be creating a new agency to do functions already handled by existing agencies.

WASHINGTON—Tariffs, tax policy and budget deficits look likely to dominate Thursday’s confirmation hearing for Scott Bessent, ...

WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax ...

The ‘birth date’ of the service, which will collect tariffs, duties and other foreign revenue, will be January 20 ...

President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from ...

Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish the 'External Revenue Service.' ...

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with ...

U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...