The Big Money Show panel is discussing President Donald Trump’s plan to reshape Jerome Powell’s Federal Reserve.
President Trump has decided to remove it for a long time from his role as a commissioner of Internal revenue service (IRS) Just two months after it was confirmed, Fox Business learned.
Finance Minister Scott Bensten It will be joined as an active IRS commissioner until a substitute is found, an official source confirmed to Fox Business.
IRS says tax collecting is more effective this year and revenue is over 5%
The former reporter Billy Long (R-Mo), US presidential candidate, Donald Trump as Commissioner for Internal Revenue, spoke during the hearing of the Senate Financing Committee on the Capitol Hill on 2025 in Washington, Columbia District. (Andrew Harnik / Getty Images / Getty Images)
Long that previously serves as a US representative For the 7th Missouri Congress County, he had sworn in as the 51st IRS Commissioner on June 16.
Get Fox Business on the go by clicking here
His term as a commissioner was originally planned to be held until November 12, 2027, according to IRS website.
This story breaks. Please check again for updates.
2025-08-08 19:45:37
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/08/0/0/billy-long.jpg?ve=1&tl=1