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Changes at IRS and Treasury

 

In August, former IRS Commissioner Billy Long was ousted from that position after just 50 days heading the agency.  Treasury Secretary Scott Bessent took over as acting Commissioner, the seventh person to hold the position this year.  President Trump also fired Deputy Treasury Secretary Michael Faulkender, reportedly believing him too aligned with the policy positions of former-Treasury Secretary Steve Mnuchin, whom the President blames for recommending Jerome Powell to Chair the Federal Reserve.