President Biden Nominates New IRS Commissioner

President Joe Biden on Thursday nominated a new commissioner to steer the Internal Revenue Service forward as it gets a massive funding boost. The tax collection agency’s current commissioner ends his term this week.

Danny Werfel, who leads Boston Consulting Group’s global public sector practice, was nominated to replace Chuck Rettig, who had been nominated to lead the IRS by former President Donald Trump.

If confirmed by the Senate, Werfel will be tasked with planning how to spend a funding boost for the agency of nearly $80 billion over the next 10 years that was approved by Congress in August. He will also have to navigate controversy surrounding the new funding, brought by Republicans who have distorted how the new law would reform the IRS and affect taxes for the middle class.

Read the source article at apnews.com