Audits

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

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WASHINGTON — Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies. “There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told … Read more

Illinois Legislature passes historic AI bill that would require third-party safety audits

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The Illinois House of Representatives passed a landmark bill Wednesday that would set a new standard for regulating America’s leading AI companies if signed by Gov. JB Pritzker. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The bill, Illinois SB 315, mirrors existing provisions in legislation from California … Read more