Story perspectives
Trump Administration Appoints New IRS Chief Amid Turmoil
4/21/2025
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Story summary
- In a dramatic shake-up, the Trump administration has appointed Deputy Treasury Secretary Michael Faulkender as the new IRS acting commissioner, replacing Gary Shapley. This decision comes on the heels of a heated dispute between Treasury Secretary Scott Bessent and Elon Musk regarding job cuts. Faulkender becomes the fifth IRS leader this year, as the agency grapples with layoffs and growing privacy issues.
