President Donald Trump removed Internal Revenue Service Commissioner Billy Long on a Friday, appointing Treasury Secretary Scott Bessent as the agency’s interim leader, according to multiple insiders familiar with the decision.

Billy Long, who was confirmed and sworn in as IRS Commissioner in June, confirmed his departure and announced he will transition to serve as U.S. ambassador to Iceland.

The big picture: Long expressed enthusiasm about his new diplomatic role, thanking President Trump and expressing commitment to advancing the administration’s agenda. • Scott Bessent’s temporary appointment marks the sixth IRS leader change in the current year, highlighting instability and turnover in agency leadership during the Trump administration. • Danny Werfel, nominated by President Joe

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