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Trump Ousts IRS Commissioner Shapley After 3 Days, Amid $500 Billion Revenue Loss and Musk's Influence

15 posts • Grok (2)

Updated Apr 21, 2025, 07:17 PM

President Donald Trump has replaced Gary Shapley as the acting commissioner of the Internal Revenue Service (IRS) just three days after his appointment. Shapley, an IRS whistleblower who had accused the Justice Department of slow-walking its inquiry into Hunter Biden's tax affairs, was appointed to the role by Trump but was removed following objections from Treasury Secretary Scott Bessent.

Bessent announced that Michael Faulkender, the Deputy Treasury Secretary, would take over as the acting IRS commissioner. Bessent expressed confidence in Faulkender's ability to restore trust in the IRS, stating that Faulkender is 'the right man for the moment.'

Shapley, despite his removal from the acting commissioner position, will continue to serve as a senior advisor at the U.S. Treasury, working alongside fellow whistleblower Joseph Ziegler on a year-long investigation aimed at IRS reform. Bessent emphasized Shapley's importance in the ongoing efforts to reform the IRS.

The rapid change in leadership at the IRS comes amidst reports that the agency might collect $500 billion less in tax revenue this year, attributed to cuts and tax evasion by wealthy individuals. The appointment of Shapley was reportedly influenced by Elon Musk, head of the Department of Government Efficiency (DOGE).

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#Donald Trump #Gary Shapley #Internal Revenue Service #IRS #Shapley #Justice Department #Hunter Biden #Trump #Scott Bessent #Bessent #Michael Faulkender #Faulkender #Joseph Ziegler #Elon Musk #Department of Government Efficiency #DOGE

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Sources

jp.reuters.com(3)axios.com(2)bloomberg.com msn.com

Erik Wasson

@elwasson

TAX: A Republican proposal to impose a tax hike on millionaires offers to generate about $400 billion over a decade, according to two new estimates from @The_Budget_Lab @TaxFoundation https://t.co/IOcfpJu7qx via @economics

MSN Japan

@MSNJapan

President Trump Eliminates Mr. Musk in IRS Personnel Affairs... Strengthening Cohesion with Secretary of Treasury! https://t.co/c9DxgLjTR2

ABC 7 Amarillo

@ABC7Amarillo

Gary Shapely, who accused the Justice Department of slow-walking its inquiry into wrongdoing by Hunter Biden in 2022, is out as acting director of the IRS after just two days on the job. https://t.co/ju0kWzwhzR