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Billy Long out as IRS commissioner after just 2 months
Washington — Billy Long, the commissioner of the IRS, is leaving his post after just two months on the job, a White House official confirmed to CBS News. Treasury Secretary Scott Bessent will lead the IRS temporarily, the official said. President Trump is expected to nominate Long for an ambassadorship. The news was first reported by The New York Times. Long was confirmed by the Senate in mid-June and took over the IRS after some tumult for the tax collection agency's leadership. The IRS has had several interim commissioners since Mr. Trump's return to office in January, including one who lasted for just 48 hours. The Trump administration has aimed to dramatically trim the agency's workforce. A former auctioneer and Missouri Republican congressman, Long was chosen to take over the IRS late last year after previously pushing to repeal much of the tax code during his time in the House. Long isn't an accountant by trade, but Mr. Trump touted his time as a tax adviser. After retiring from Congress in 2023, Long advised businesses on the Employee Retention Tax Credit, drawing criticism from Democrats who noted the credit's high rate of fraud. The IRS has been a focus of the Trump administration's government-wide staff cuts. The agency drew up plans earlier this year to cut its 102,000-person workforce by as much as 40% through a combination of layoffs and voluntary resignations, according to an internal memo obtained by CBS News in April. The cuts were set to begin after April 15, which is the deadline for most Americans to file their taxes. As of May, some 25,000 staffers had left the IRS, a 25% decrease from February levels, according to a report by the IRS's internal watchdog, the Treasury Inspector General for Tax Administration. Around 26% of the IRS's revenue agents — the staff who conduct audits — had left the agency by May, the report found. Meanwhile, staff from the Department of Government Efficiency — a cost-cutting team once led by billionaire Elon Musk — sought access to the IRS's tax data system, sparking a lawsuit. Former IRS acting head Melanie Krause left the agency in April over a plan to share tax data with Immigration and Customs Enforcement to help identify undocumented immigrants. She was replaced by Gary Shapley, a longtime IRS agent who became well-known for speaking about alleged political influence in the Hunter Biden tax investigation. But Shapley was ousted after just two days following a dispute between Musk and Bessent. Bessent complained to Mr. Trump that Shapley had been installed at the urging of Musk and sought the president's approval to undo the decision, multiple sources told CBS News at the time. Global stock markets react to Trump's sweeping tariffs in effect now Sean "Diddy" Combs wants to go back to Madison Square Garden in the future, attorney says Israel's Security Cabinet approves plan to take over Gaza City
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26 minutes ago
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"Hell Isn't Hot Enough": 28 Tweets Calling Out This Brutal, Brutal, Brutal Week In Politics
Editor's Note: While we can't endorse what X has become, we can bring you the worthwhile moments that still exist there, curated and free of the surrounding chaos. American politics — well, frankly, global politics — is chaos right now, but I find it comforting to know I'm not alone in thinking the world has gone bananas. So, here are 28 of the best, most relatable, and sometimes funny political tweets from the last week: 1. 2. Related: 3. PBS / Twitter: @Clayton_Adams 4. 5. 6. 7. Fox News / Twitter: @DarrigoMelanie 8. 9. Note: The image of JD Vance in the original tweet was replaced here due to photo rights. Related: 10. Note: The image of Marjorie Taylor Greene in the original tweet was replaced here due to photo rights. 11. 12. 13. 14. Related: 15. 16. 17. Note: The image of Musk and Trump in the original tweet was replaced here due to photo rights. 18. 19. 20. 21. 22. Related: 23. Note: An image of Fanta in the original tweet was replaced here due to photo rights. 24. 25. 26. 27. finally: Note: The images of ave Franco and Luigi Mangione in the original tweet was replaced here due to photo rights. See you next week! For more political tweets, check out our most recent roundup: "Straight-up Orwellian": 25 Of The Very, Very, Very Best Political Tweets Of The Week Also in In the News: Also in In the News: Also in In the News:
Yahoo
26 minutes ago
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Andy Nilsson ends North Carolina Senate bid after Trump backs Michael Whatley
RALEIGH, N.C. (AP) — A Republican candidate for U.S. Senate in North Carolina next year said Friday that he's ending his bid now that Republican National Committee Chairman Michael Whatley has entered the race with President Donald Trump's support. Several months ago, Andy Nilsson revealed his candidacy for the Senate seat currently held by GOP incumbent Thom Tillis. Tillis announced in late June, after clashing with Trump, that he wouldn't seek a third term. Last week, Whatley, a North Carolina native and resident, entered the race for the GOP nomination, already holding what Trump wrote on social media as his "Complete and Total Endorsement.' Now Nilsson, a former furniture company owner who once ran unsuccessfully for lieutenant governor, says in a news release that he had decided to suspend his campaign. Nilsson said Trump's endorsement of Whatley 'played a central role in my decision. I respect the President's desire to go in a different direction, even if I have questions about his choice.' Whatley's campaign launch July 31 appeared to set the stage for a possible general election showdown between him and former Democratic Gov. Roy Cooper, who announced his candidacy three days earlier. The seat in the highly competitive state could decide whether Democrats regain a majority in the chamber. Democrats need a net gain of four seats in the November 2026 elections. Similar to Nilsson's departure, Cooper's candidacy prompted ex-U.S. Rep. Wiley Nickel to suspend his monthslong campaign for the Democratic nomination. Wiley endorsed Cooper. Nilsson, who is a Winston-Salem high school teacher and assistant football coach, didn't mention an endorsement in Friday's statement but said he would work hard to keep the seat "in the hands of a conservative.' Nilsson on Friday highlighted his effort to unseat Tillis, who he said 'had lost touch with his base" and that "mine was the first campaign to call him out.' Winnowing the field won't necessarily prevent Cooper or Whatley from avoiding March primary elections for their respective nominations. Republican Don Brown, a writer and former Navy officer, remains a candidate for the GOP nomination. And official candidate filing occurs in December.
