JOURNAL ARTICLE

IRS Commissioner Billy Long to Depart, With Bessent Now Acting Head.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lowenkron, Hadriana 3 of 3

Abstract

The article discusses President Donald Trump's intention to remove Internal Revenue Service (IRS) Commissioner Billy Long to nominate him for an ambassadorship, leading to further instability within the agency's leadership. Treasury Secretary Scott Bessent will act as the interim commissioner until a permanent replacement is appointed. Long's exit marks the sixth leadership change at the IRS within the year, amidst ongoing challenges such as implementing a new tax bill and addressing significant layoffs and technology upgrades. The IRS has also been involved in Trump's efforts to revoke the tax-exempt status of certain universities and nonprofit organizations he perceives as political adversaries. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/08, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2025
  • Accession Number:187240540
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