Trading Trends Tale
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trading Trends Tale
No Result
View All Result
Home Latest News

Trump scores major win as Senate installs IRS critic to lead the agency

by
June 12, 2025
in Latest News
0
Trump scores major win as Senate installs IRS critic to lead the agency
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Senate Republicans rammed through another of President Donald Trump’s nominees on Thursday, this time giving a green-light to the president’s pick to lead the IRS.

The GOP-controlled Senate approved former House Rep. Billy Long to be the next IRS commissioner in 53 to 44 vote along party lines. Long’s ascension to the role marks him as the fifth commissioner atop the tax agency since the beginning of this year.

He will replace Michael Faulkender, who is serving as acting commissioner alongside his duty as deputy Treasury secretary. Long will also be taking over an agency that, like many others, saw drastic cuts to its workforce under the White House’s Department of Government Efficiency (DOGE) initiative. 

The former lawmaker and auctioneer will now lead an agency he once sought to dismantle.

Long, who served in the House from 2011 to 2013 representing Missouri’s 7th District, was grilled by Democrats on the Senate Finance Committee during his confirmation hearing last month.

Lawmakers questioned his backing of legislation that would have abolished the IRS and replaced income taxes with a national sales tax, and his promotion of a pair of tax credits – the Employee Retention Tax Credit and ‘tribal tax credits’ – that raised questions of a possible conflict of interest with his new position.

During the hearing, Long argued that as commissioner, he would have a chance to ‘make real, transformational change to an agency that needs it more than any other.’

But Trump has similarly sought to abolish the IRS and replace income taxes with tariffs, among other proposals. That means Long’s elevation to IRS commissioner likely gives the president a key ally in moving forward with his vision of seeing the tax agency scrapped.

This post appeared first on FOX NEWS
Previous Post

Pence group warns Senate not to rubber-stamp Trump’s ‘big, beautiful bill’

Next Post

Trump’s plan to slash ‘woke’ foreign aid, NPR funds clears House as Senate battle looms

Next Post
Trump’s plan to slash ‘woke’ foreign aid, NPR funds clears House as Senate battle looms

Trump’s plan to slash ‘woke’ foreign aid, NPR funds clears House as Senate battle looms

  • Trending
  • Comments
  • Latest
Uncertainty about young voters stems from the age group’s complexity

Uncertainty about young voters stems from the age group’s complexity

May 29, 2024
Supreme Court rules official likely violated NRA’s free speech rights

Supreme Court rules official likely violated NRA’s free speech rights

May 30, 2024
Samuel Alito has decided that Samuel Alito is sufficiently impartial

Samuel Alito has decided that Samuel Alito is sufficiently impartial

May 30, 2024
Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

May 30, 2024
Second federal judge sides against Trump’s election executive order

Second federal judge sides against Trump’s election executive order

0
If convicted in his hush money trial, here’s what Trump could face next

If convicted in his hush money trial, here’s what Trump could face next

0
Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

0
Samuel Alito has decided that Samuel Alito is sufficiently impartial

Samuel Alito has decided that Samuel Alito is sufficiently impartial

0
Second federal judge sides against Trump’s election executive order

Second federal judge sides against Trump’s election executive order

June 13, 2025
Iran claims right to nuclear prowess following Israel strikes, but remains silent on negotiations with US

Iran claims right to nuclear prowess following Israel strikes, but remains silent on negotiations with US

June 13, 2025
IAEA chief calls Israeli president, reportedly says Iran nuclear facility was severely damaged

IAEA chief calls Israeli president, reportedly says Iran nuclear facility was severely damaged

June 13, 2025
Marjorie Taylor Greene launches probe into Planned Parenthood’s use of taxpayer funds

Marjorie Taylor Greene launches probe into Planned Parenthood’s use of taxpayer funds

June 13, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Top News

    Second federal judge sides against Trump’s election executive order

    Second federal judge sides against Trump’s election executive order

    June 13, 2025
    Iran claims right to nuclear prowess following Israel strikes, but remains silent on negotiations with US

    Iran claims right to nuclear prowess following Israel strikes, but remains silent on negotiations with US

    June 13, 2025

    Latest News

    • Second federal judge sides against Trump’s election executive order
    • Iran claims right to nuclear prowess following Israel strikes, but remains silent on negotiations with US
    • IAEA chief calls Israeli president, reportedly says Iran nuclear facility was severely damaged

    About Trading Trend Stale

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 Tradingtrendstale.com

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 Tradingtrendstale.com