President-elect Trump announced Wednesday that he will nominate former Missouri Rep. Billy Long to serve as commissioner of the Internal Revenue Service (IRS) in his new administration.
In a statement issued Wednesday, Trump called the former congressman “an extremely hard worker and respected by everyone, especially those who know him in Congress.” The president-elect also referenced Long’s experience working as a tax advisor.
“Billy brings 32 years of experience running his own real estate businesses and as one of the nation’s top auctioneers,” the Republican leader wrote in a Truth Social post. “He then served 12 years in Congress, because ‘he felt it was important for his constituents to have a Representative who had signed the front of a check.’
“Taxpayers and the wonderful employees of the IRS will love having Billy at the helm. He is the consummate ‘people person’, well respected on both sides of the aisle. Congratulations Billy!”
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Trump announced that he will nominate Kelly Loeffler, left, and Billy Long, right, to serve in his administration. (Reuters/Getty Images/AP Images)
Trump soon followed his announcement by naming former Sen. Kelly Loeffler, R-Ga., to head the Small Business Administration (SBA). The purpose of the SBA is to provide small businesses with access to resources such as loans, government contracts, and business advice.
“Small businesses are the backbone of our great economy. Kelly will bring her experience in business and Washington to reduce bureaucracy and create opportunities for our small businesses to grow, innovate and prosper,” Trump’s Truth Social post said. “She will focus on ensuring the SBA is accountable to taxpayers by cracking down on waste, fraud and regulatory overreach.”
Former Sen. Kelly Loeffler, R-Ga., speaks during Erick Erickson’s The Gathering event in Atlanta on Aug. 18, 2023. (Alyssa Pointer/Bloomberg via Getty Images)
Rep.-elect Billy Long, R-Mo., speaks to supporters at an election night rally in Springfield, Missouri, on November 2, 2010. (AP)
Trump called Loeffler, a longtime ally and co-chair of his inaugural committee, a “tremendous fighter” and cited her success in business.
“Prior to his term in the United States Senate, Kelly built a 25-year career in financial services and technology,” Trump’s statement said. “Together with her incredible husband, Jeff, she helped build a Fortune 500 company from 100 employees to over 10,000, as Executive Vice President. She and Jeff also helped me achieve the big election victory in Georgia!”
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In the first two years of Trump’s first administration, the SBA was led by Linda McMahon, who resigned in 2019. Trump appointed McMahon, the former CEO of WWE, to serve as education secretary in November.
Frank Bisignano, Chairman, President and CEO of Fiserv, speaks during the Clearinghouse Annual Conference in New York City, U.S., on November 12, 2024. (REUTERS/Brendan McDermid)
Shortly after announcing Long and Loeffler, Trump announced that he had tapped Fiserv CEO Frank Bisignano to head the Social Security Administration.
“Frank is a business leader, with a tremendous track record of transforming large corporations. He will be responsible for delivering on the Agency’s commitment to the American people for generations to come!” Trump said in the announcement Wednesday night.
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Bisignano previously served as CEO of First Data, COO of JPMorgan Chase, as well as senior roles at Citigroup.
“Fiserv Corporation, the world’s largest financial technology and payments company reaching nearly every American home every day. Has a long career leading financial services institutions through major transformation,” Trump said. Frank previously served as co-chief operating officer of JPMorgan Chase & Co. Prior to JPMorgan Chase & Co., he held senior positions at Citigroup, including chief administrative officer during 9/11, where he had responsibility for 16,000 employees in Lower Manhattan. “
