Bessent Names Deputy Faulkender as Acting IRS Chief

Michael Faulkender, President Donald Trump's pick to be Deputy Secretary of the Treasury, listens during a hearing of the Senate Committee on Finance on Capitol Hill, March 6, 2025, in Washington. (Mark Schiefelbein/AP)

Friday, 18 April 2025 04:18 PM EDT ET

U.S. Treasury Secretary Scott Bessent confirmed Friday that Deputy Treasury Secretary Michael Faulkender has been appointed acting Internal Revenue Service commissioner, replacing long-time IRS career official Gary Shapley in the role until President Donald Trump's IRS nominee, Billy Long, is confirmed.

Bessent said in a posting on X that "trust must be brought back to the IRS, and I am fully confident that @TreasuryDepSec Michael Faulkender is the right man for the moment."

Bessent added that Shapley "remains one of my most important senior advisers" and will continue to help "rethink and reform the IRS." 

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. Treasury Secretary Scott Bessent confirmed Friday that Deputy Treasury Secretary Michael Faulkender has been appointed acting Internal Revenue Service commissioner, replacing long-time IRS career official Gary Shapley in the role until President Donald Trump's IRS...
michael faulkender, irs, acting, chief, scott bessent
95
2025-18-18
Friday, 18 April 2025 04:18 PM
Newsmax Media, Inc.

View on Newsmax