Obama nominates former Freddie Mac chairman John Koskinen to head IRS

John Koskinen

John Koskinen

President Obama recently nominated John Koskinen, the former chairman of Freddie Mac, to take over the embattled Internal Revenue Service.

Koskinen, who would assume the position of IRS commissioner, would be responsible for reforming the agency, which has come under fire for its screening of advocacy groups when they applied for tax-exempt status, Bloomberg reports.

Koskinen is also the former deputy director of the Office of Management and Budget under former president Bill Clinton and previously served as the city administrator of Washington. He is the director of Virginia-based AES Corp. and Maryland-headquartered American Capital.

“I am pleased the President has nominated John Koskinen to be the next Commissioner of the Internal Revenue Service,” Treasury Secretary Jack Lew said. “With a distinguished record of turning around large companies and reorganizing the management and operations of highly complex public and private institutions, John is the right person to take on this critical position at this important time. Because John has a clear understanding of how to make organizations more effective and an unshakable commitment to public service, he will be an exceptional leader who will strengthen the institution and restore confidence in the IRS. John is a man of the highest integrity, and I want to thank him for agreeing to return to public life and serve his country again after a long and accomplished career. I urge the Senate to confirm this nomination quickly.”

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