Treasury Secretary Scott Bessent. Cabinet officials are required to shed certain holdings and investments within 90 days of being confirmed to avoid the potential for conflicts of interest.
President Trump’s order continues a reprieve from the threat of escalating tariffs and export controls, which rocked the global economy earlier this year.
President Trump’s order continues a reprieve from the threat of escalating tariffs and export controls, which rocked the global economy earlier this year.
Billy Long, a former Republican congressman, will no longer serve as the tax agency’s head. Treasury Secretary Scott Bessent will oversee the agency as acting commissioner.