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.» Read More
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.
CNBC's Eamon Javers discusses what was a tough day for Steven Miller, who was ousted from his post at the IRS this week.
President Obama on Thursday named White House budget official Daniel Werfel the new acting IRS commissioner.
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.
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.
Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.
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.
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.
"Things are better enough for the Fed to slow the pace of purchasing," Philadelphia Fed President Charles Plosser says.
President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
House of Representatives Speaker John Boehner suggesting jail time over the IRS's targeting of conservative groups for extra scrutiny.
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.
Senate Minority Leader Mitch McConnell said on CNBC's "The Kudlow Report" the IRS scandal is just the tip of the iceberg.
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.
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.
Attorney General Eric Holder says he's ordered a Justice Department investigation into the IRS's targeting of conservative groups for extra tax scrutiny.
IRS acting chief Steven Miller says mistakes made in screenings of political groups seeking tax-exempt status won't be repeated.
Despite the rift, the Chamber of Commerce and the AFL-CIO have a deal over separate provisions in the bill concerning low-skilled workers.
The National Transportation Safety Board wants to make it easier for police to charge someone with DUI. NBCNews.com reports.
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".