Acting IRS Commissioner Melanie Krause will resign, according to CNBC. The move marks the agency’s third leadership exit this year and was sparked by a controversial tax data-sharing agreement with federal immigration authorities. The IRS and Homeland Security finalized a deal on Monday to share taxpayer data with immigration authorities to track undocumented immigrants. Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem signed the data-sharing deal despite IRS attorneys warning it likely violated privacy laws.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Acting IRS Commissioner Melody Kraus will resign, according to CNBC.
00:06The move marks the agency's third leadership exit this year
00:08and was sparked by a controversial tax data sharing agreement
00:11with federal immigration authorities.
00:14The IRS and Homeland Security finalized a deal on Monday
00:17to share taxpayer data with immigration authorities
00:20to track undocumented immigrants.
00:22Treasury Secretary Scott Besson and Homeland Security Secretary
00:25Kristi Noem signed the data sharing deal
00:28despite IRS attorneys warning it likely violated privacy laws.
00:32For all things money, visit Benzinga.com slash GSTV.