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 ...

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

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.

Daniel Werfel, the commissioner of the Internal Revenue Service, told the agency’s employees that he would end his term early ...

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