IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish the 'External Revenue Service.'
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
Daniel Werfel, the commissioner of the Internal Revenue Service, told the agency’s employees that he would end his term early and step down on Monday as President-elect Donald J. Trump takes office.
President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
President-elect Donald Trump on Tuesday announced plans to ... He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector.
The president-elect announced the proposed agency on his social media platform writing that the U.S. “will begin charging those that make money off of us with Trade, and they will start paying."
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.