Secretprofittools
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Secretprofittools
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 warns Israel strike on Iran ‘could happen’ amid Middle East evacuation, nuclear negotiations

Next Post
Trump warns Israel strike on Iran ‘could happen’ amid Middle East evacuation, nuclear negotiations

Trump warns Israel strike on Iran ‘could happen’ amid Middle East evacuation, nuclear negotiations

  • Trending
  • Comments
  • Latest
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

June 4, 2025
McDonald’s Snack Wrap is officially returning. Here’s when.

McDonald’s Snack Wrap is officially returning. Here’s when.

June 3, 2025
Peloton launching resale market for used bikes, treadmills

Peloton launching resale market for used bikes, treadmills

June 4, 2025
Dollar General is shaking off tariff fears and winning over higher-income consumers

Dollar General is shaking off tariff fears and winning over higher-income consumers

June 4, 2025
US still has no UN ambassador as world leaders convene amid multifront crises

US still has no UN ambassador as world leaders convene amid multifront crises

0
Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

0
House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

0
Trump shares post saying Biden was executed, replaced with clones

Trump shares post saying Biden was executed, replaced with clones

0
US still has no UN ambassador as world leaders convene amid multifront crises

US still has no UN ambassador as world leaders convene amid multifront crises

June 17, 2025
Starbucks moves to the next phase in its turnaround: Winning over employees

Starbucks moves to the next phase in its turnaround: Winning over employees

June 17, 2025
‘It’s wrong’: Hawley warns Senate GOP not to boot Americans from Medicaid in Trump megabill

‘It’s wrong’: Hawley warns Senate GOP not to boot Americans from Medicaid in Trump megabill

June 16, 2025
Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

June 16, 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!

    Recent News

    US still has no UN ambassador as world leaders convene amid multifront crises

    US still has no UN ambassador as world leaders convene amid multifront crises

    June 17, 2025
    Starbucks moves to the next phase in its turnaround: Winning over employees

    Starbucks moves to the next phase in its turnaround: Winning over employees

    June 17, 2025
    ‘It’s wrong’: Hawley warns Senate GOP not to boot Americans from Medicaid in Trump megabill

    ‘It’s wrong’: Hawley warns Senate GOP not to boot Americans from Medicaid in Trump megabill

    June 16, 2025
    Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

    Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

    June 16, 2025
    • About us
    • Contact us
    • Terms & Conditions
    • Privacy Policy
    • About us
    • Contact us
    • Terms & Conditions
    • Privacy Policy

    Copyright © 2024 Secretprofittools.com

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

    Copyright © 2024 Secretprofittools.com