**Breaking News: Trump’s IRS Nominee Under Fire Amid Allegations of Fraudulent Tax Credits**
In a shocking turn of events, Billy Long, Donald Trump’s controversial nominee to lead the IRS, faces intense scrutiny as two Democratic senators demand a criminal investigation into his financial ties with companies allegedly peddling non-existent tax credits. Long, a former congressman with no formal background in accounting or tax law, is one of the last Trump nominees awaiting confirmation, and the stakes have never been higher.
This week, Senators Ron Wyden and Elizabeth Warren called for an urgent inquiry into firms linked to Long, including Lifetime Advisers and White River Energy, both accused of running a fraudulent tax credit scheme. Alarmingly, Long has reportedly received substantial payments from these companies, raising serious ethical questions about his suitability to oversee the IRS amidst mounting tax-related crises.
Adding to the drama, Long’s own financial troubles from a failed Senate campaign have resurfaced. After losing in 2022, he loaned $130,000 to his campaign, which has yet to repay him. However, just weeks after his nomination, Long’s campaign committee suddenly raked in nearly $137,000—money he used to settle his personal debts. This troubling timeline has prompted outrage and calls for transparency as critics question the integrity of his appointment.
As the IRS grapples with increasing demands and potential fraud investigations, the confirmation of a nominee without the requisite expertise raises alarms about the agency’s future. With the clock ticking, the implications of this unfolding scandal could reverberate throughout the government, as Long’s fate hangs in the balance. The American public is left wondering: can the IRS trust a leader entangled in financial controversies? Stay tuned as this story develops.