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Congressional Republicans accused leaders of the IRS of lying as they opened the first in a series of hearings about the agency's targeting of conservative groups.
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Congressional Republicans accused leaders of the IRS of lying as they opened the first in a series of hearings about the agency's targeting of conservative groups.
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CNBC's Eamon Javers discusses what was a tough day for Steven Miller, who was ousted from his post at the IRS this week.
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President Obama on Thursday named White House budget official Daniel Werfel the new acting IRS commissioner.
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House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.
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Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
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Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.
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Just six months after a heady re-election, President Obama's second-term dreams have collided with second-term reality: scandals and foreign setbacks. The NYT reports.
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Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
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"Things are better enough for the Fed to slow the pace of purchasing," Philadelphia Fed President Charles Plosser says.
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President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
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House of Representatives Speaker John Boehner suggesting jail time over the IRS's targeting of conservative groups for extra scrutiny.
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Holder told Congress that a serious national security leak required the gathering of AP telephone records as he stood by a probe in which he insisted he had no involvement.
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Senate Minority Leader Mitch McConnell said on CNBC's "The Kudlow Report" the IRS scandal is just the tip of the iceberg.
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The U.S. government’s annual deficit is shrinking far faster than expected, and faster than many economists think is advisable for the health of the economy, the NYT reports.
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U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.
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Attorney General Eric Holder says he's ordered a Justice Department investigation into the IRS's targeting of conservative groups for extra tax scrutiny.
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IRS acting chief Steven Miller says mistakes made in screenings of political groups seeking tax-exempt status won't be repeated.
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Despite the rift, the Chamber of Commerce and the AFL-CIO have a deal over separate provisions in the bill concerning low-skilled workers.
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The National Transportation Safety Board wants to make it easier for police to charge someone with DUI. NBCNews.com reports.
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U.S. tax agents have been singling out non-profit groups for extra scrutiny by key words such as 'Tea Party'and later "organizations involved with political, lobbying, or advocacy".