Trump’s IRS Pick Promised Tax Benefits to Finance CEO

Trump’s pick to head the IRS, Billy Long, was invited to attend Donald Trump’s inauguration as the guest of an executive who said Long promised him benefits for his financial services company.

IRS Hearing

Billy Long testifying during his Senate Finance Committee confirmation hearing in Washington, DC, on May 20, 2025. (Tom Williams / CQ-Roll Call, Inc. via Getty Images)


Former Rep. Billy Long (R-MO), President Donald Trump’s pick to head the Internal Revenue Service (IRS), was invited to attend Trump’s inauguration as the guest of a financial services CEO who said Long promised him benefits for his company, according to a recording obtained by the Lever.

The executive also stated that Long planned to give a top government job to a campaign donor at an embattled financial firm. Companies peddling tax schemes “don’t have to worry” about regulatory crackdowns under Long’s oversight, added the executive.

In a corporate Zoom recording provided to the Lever by Sen. Ron Wyden’s (D-OR) office, Terry Kennedy, CEO of financial services company Appreciation Financial, noted he helped Long attend Trump’s inauguration.

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