Close Menu
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
What's Hot

Kramer says this is the stock to buy as data center development slows

November 9, 2026

Medium’s new TK app brings AI assistance directly into the writing process

November 9, 2026

Honda to invest $3 billion in new vehicle assembly plant in Ohio

November 9, 2026
Facebook X (Twitter) Instagram
Smart Breaking News on AI, Business, Politics & Global Trends | WhistleBuzz
Facebook X (Twitter) Instagram
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
Smart Breaking News on AI, Business, Politics & Global Trends | WhistleBuzz
Home » Mr. Bessent is performing his duties as IRS Commissioner amid the IRS tax investigation of President Trump.
Politics

Mr. Bessent is performing his duties as IRS Commissioner amid the IRS tax investigation of President Trump.

Editor-In-ChiefBy Editor-In-ChiefJune 3, 2026No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
Follow Us
Google News Flipboard
Share
Facebook Twitter LinkedIn Pinterest Email


U.S. Treasury Secretary Scott Bessent attends a Senate Finance Committee hearing on Wednesday, June 3, 2026 in Washington, DC, USA.

Eric Lee | Bloomberg | Getty Images

Treasury Secretary Scott Bessent said Wednesday that he is “performing the duties” of the Internal Revenue Service commissioner, even though he insists he is not acting commissioner during a heated exchange in the Senate over President Donald Trump’s settlement with the IRS.

Mr. Bessent had served as acting IRS commissioner since August, but took over the role two-and-a-half months ago under little notice, the agency said in a March 13 post on its website. The IRS said Bessent’s term as acting secretary has “expired,” but he “retains the authority and responsibility to perform the functions and duties of the Treasury Department for any unfilled vacancies on an acting basis.”

This distinction was central during questioning by Sen. Catherine Cortez Masto (D-Nev.) at a Senate Finance Committee hearing. She pressed Mr. Bessent about his current authority at the tax agency and whether hundreds of thousands of other taxpayers whose information was leaked by a former Internal Revenue Service contractor will receive the same treatment that Democrats say Mr. Trump, his family and his businesses received after their tax returns were leaked.

“You’re the acting commissioner of the Internal Revenue Service, right?” Cortez Masto asked during a hearing on the Treasury Department’s budget.

“That’s incorrect,” Mr. Bessent replied.

When Cortez Masto asked Bessent about his position at the IRS, Bessent said, “My term has expired,” but added that the IRS is a bureau within the Treasury Department and “when the Director is not there, that responsibility falls to me.”

Cortez Masto countered by asking if that meant there was no commissioner and Mr. Bessent was acting commissioner.

“No, that’s not true,” Bessent said.

Asked again to clarify his role for “public interest and transparency purposes,” Bessent said: “I am carrying out the duties of the Director General.”

The exchange came a day after Acting Attorney General Todd Blanche told House members that the Justice Department would not administer the $1.8 billion “anti-weaponization” compensation fund that would be created as part of President Trump’s settlement with the Internal Revenue Service over the tax return leaks. But Blanche also said Trump, his family and related entities remain protected from tax audits and enforcement actions related to tax returns filed before the settlement.

Cortez Masto asked Bessent whether the roughly 400,000 other taxpayers whose information was leaked by former IRS contractor Charles Littlejohn could receive “the same exemption that President Trump and his family received.”

Bessent declined to give a direct answer, saying the Treasury Department is acting on behalf of the Justice Department and could not provide additional details due to ongoing litigation.

“Treasury has not given us anything like that,” Bessent said. “We are agents of the Department of Justice.”

Asked again whether other taxpayers would receive similar treatment, Bessent said: “We will abide by the instructions and the settlement.”

Make CNBC your preferred source on Google and never miss a moment from the most trusted names in business news.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor-In-Chief
  • Website

Related Posts

Trump doubts 2026 midterm election results

November 9, 2026

Congress returns to debate on government funding and debt limits on Monday

November 9, 2026

European security threats: cyberattacks, sabotage and riots

November 8, 2026
Add A Comment

Comments are closed.

News

Who are the Republicans running for the role of Congressional Minority Leader? | 2026 US Midterm Election News

By Editor-In-ChiefNovember 9, 2026

The US midterm elections reshaped the balance of power in Washington DC and broke Republican…

Why is Nvidia’s Jensen Huang at the center of the US-China spying scandal? | Technology News

November 9, 2026

President Trump says his immigration policy is “too harsh” for voters | 2026 US midterm election news

November 9, 2026
Top Trending

Medium’s new TK app brings AI assistance directly into the writing process

By Editor-In-ChiefNovember 9, 2026

Online publishing platform Medium on Monday launched a new app called TK…

Automattic Debuts Platform to Deploy Vibe Coding Apps in the Changing Internet

By Editor-In-ChiefNovember 9, 2026

WordPress is a key technology and content management system for websites like…

Is Jensen Huang’s job in jeopardy? Jeffrey Sonnenfeld of Yale University estimates it’s “about 50-50.”

By Editor-In-ChiefNovember 8, 2026

Nvidia’s board of directors announced Sunday that it would launch an independent…

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Welcome to WhistleBuzz.com (“we,” “our,” or “us”). Your privacy is important to us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website https://whistlebuzz.com/ (the “Site”). Please read this policy carefully to understand our views and practices regarding your personal data and how we will treat it.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • Advertise With Us
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
  • About US
© 2026 whistlebuzz. Designed by whistlebuzz.

Type above and press Enter to search. Press Esc to cancel.