The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

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

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

Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from ...

President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from ...

President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.

The creation of a separate department will likely need congressional support, though Trump could try to establish the ...

Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.