Stock Ticker

Trump to remove Billy Long as IRS Commissioner

President Trump has decided to remove Billy Long from his role as commissioner of the Internal Revenue Service (IRS) only two months after he was confirmed, FOX Business has learned.

Treasury Secretary Scott Bessent will step in as acting IRS commissioner until a replacement is found, an official source confirmed to FOX Business.

IRS SAYS TAX COLLECTION IS MORE EFFICIENT THIS YEAR, AND RECEIPTS ARE UP MORE THAN 5%

William Long Testifies In Senate Nomination Hearing To Be IRS Commissioner

Former Rep. Billy Long (R-MO), U.S. President Donald Trump’s nominee to be Internal Revenue Service Commissioner, speaks during a Senate Finance Committee nomination hearing on Capitol Hill on May 20, 2025 in Washington, DC. (Andrew Harnik/Getty Images / Getty Images)

Long, who previously served as a U.S. representative for Missouri’s 7th Congressional district, was sworn in as the 51st commissioner of the IRS on June 16. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE

His term as commissioner was originally slated to run through Nov. 12, 2027, according to the IRS website.

This story is breaking. Please check back for updates.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Liverpool defender left out of World Cup squad

Madonna Covering Rent For Musicians Working At Her Old NYC Rehearsal Space

Up 16.5%! Here’s why Hollywood Bowl stock smashed the FTSE 250 today

Trump says Iran would not get sanctions relief in exchange for giving up enriched uranium