Market
Main focus of new IRS Commissioner's policy statement by July 31, 2025?
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Resolution / Starting Odds
Tax Reform • 25%
Tax Enforcement • 25%
Digital Transformation • 25%
Other • 25%
Official policy statement or press release from the IRS
Story
IRS Commissioner Danny Werfel Resigns January 20, 2025, Ahead of Trump Inauguration, Leaving Nearly Three Years in Term
Jan 17, 2025, 05:32 PM
IRS Commissioner Danny Werfel has announced his resignation effective January 20, 2025, ahead of the inauguration of President Donald Trump. Werfel, who was appointed by President Biden, is stepping down with nearly three years remaining in his term. His resignation comes as Trump has indicated a desire to replace him. The announcement was confirmed by multiple sources, including the Wall Street Journal, which reported that Werfel opted to leave the government rather than wait for Trump to formally remove him.
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Small Business Support • 25%
Tax Simplification • 25%
Other • 25%
Digital Transformation • 25%
International Tax Policy • 25%
Individual Tax Reform • 25%
Corporate Tax Reform • 25%
Other • 25%
No consensus • 25%
Unchanged • 25%
Improved • 25%
Worsened • 25%
Republicans oppose, Democrats support • 25%
Both parties support • 25%
Other configurations • 25%
Both parties oppose • 25%
Other • 25%
Economic Improvement • 25%
Political Pressure • 25%
Operational Necessity • 25%
Program ended • 25%
Program modified • 25%
Other outcome • 25%
Program continues unchanged • 25%
Staff shortages • 25%
Policy changes • 25%
Other • 25%
Technical issues • 25%
Spending cuts • 25%
Tax cuts • 25%
Infrastructure investment • 25%
Debt reduction • 25%
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Mostly Negative • 25%
Mixed • 25%
Indifferent • 25%
Confirmed • 33%
Rejected • 33%
Withdrawn • 33%