Treasury Close to Choosing New IRS Chief

The Treasury Department is “very close” to reaching a decision on who will replace John Koskinen as head of the IRS, according to Treasury Secretary Steven Mnuchin. “We’re looking forward to having a seamless transition. This is one of the most important positions we will be appointing. We’re close to making a final decision on it, and the president and I have discussed it,”

Koskinen’s term ends in November, and he has said on numerous occasions that Treasury and the White House should focus on picking a replacement sooner rather than later to ensure there’s enough time to transition. Mnuchin did not address any timeline for the selection of a nominee for the IRS post or an announcement, so it is unclear if Commissioner Koskinen will resign before his term ends, or when a replacement is announced.