High Sand Lows Report
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
High Sand Lows Report
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
Adani, Ambani news units sue OpenAI over copyright, Reuters reports

Adani, Ambani news units sue OpenAI over copyright, Reuters reports

January 29, 2025
BASF results down on impairments, restructuring

BASF results down on impairments, restructuring

January 29, 2025
UMG shares rally after new multi-year pact with Spotify

UMG shares rally after new multi-year pact with Spotify

January 29, 2025
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

January 29, 2025
Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change

Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change

0
British Land stock drops following stake sale

British Land stock drops following stake sale

0
Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

0
Fuji Media, rocked by sexual misconduct allegations, says executives to resign

Fuji Media, rocked by sexual misconduct allegations, says executives to resign

0
Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change

Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change

June 15, 2025
Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

June 14, 2025
Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive

Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive

June 14, 2025
Time for Israel to take out ‘head of the snake,’ target members of Iranian regime, says former IDF intel chief

Time for Israel to take out ‘head of the snake,’ target members of Iranian regime, says former IDF intel chief

June 14, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Top News

    Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change

    Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change

    June 15, 2025
    Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

    Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

    June 14, 2025

    Latest News

    • Netanyahu calls on Iranian citizens to seize ‘opportunity’ for regime change
    • Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say
    • Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 Highsandlowsreport.com All Rights Reserved.

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

    Copyright © 2025 Highsandlowsreport.com All Rights Reserved.