Overview
- Billy Long, President Trump's nominee for IRS commissioner, is under scrutiny for allegedly promising tax benefits and regulatory leniency to a financial services CEO.
- A newly surfaced Zoom recording features CEO Terry Kennedy claiming Long offered a private letter ruling and pledged to shield pandemic-era tax schemes from audits.
- Kennedy also alleged that Long intended to appoint campaign donor Mark Czuchry to a senior IRS legal counsel position, raising concerns over donor influence.
- During Senate confirmation hearings, Long denied the allegations, attributing any questionable interactions to illness during Trump's inauguration.
- Senators have launched an investigation into campaign contributions tied to Long, following reports that such donations helped retire his personal debt.