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Economic news

IRS commissioner to quit as Trump takes office, WSJ reports

01/17/2025

Less than a minute

2025.01.17 13:22

(Reuters) – US Internal Revenue Service Commissioner Danny Werfel said he would resign with nearly three years left in his term, The Wall Street Journal reported on Friday.

“I had to recognize that the incoming team wanted to go in a new direction,” Werfel said in an interview ahead of a Friday message to IRS employees announcing his exit, according to the Journal.

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01/17/2025

Less than a minute