Following Billy Long's announced departure from the Internal Revenue Service, which came less than two months after he was sworn in as commissioner, Treasury Secretary Scott Bessent will step in as the agency's acting head,

U.S. President Donald Trump is removing Billy Long as the commissioner of the Internal Revenue Service and Treasury Secretary Scott Bessent will temporarily serve as acting commissioner, a White House official and a source familiar with the matter said on Friday.

President Donald Trump has removed Billy Long, the head of the Internal Revenue Service (IRS), and temporarily replaced him with Treasury Secretary Scott Bessent, The Associated Press and New York Times reported on Friday. Long announced on social media after the news broke that he will take on a new role as the U.S. ambassador to Iceland.