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Trump fires IRS commissioner, Bessent named acting head

Trump fires IRS commissioner, Bessent named acting head

Former Rep. Billy Long, R-Mo., nominee to be commissioner of the Internal Revenue Service, testifies during his Senate Finance Committee confirmation hearing in Dirksen building on Tuesday, May 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. President Donald Trump is removing Billy Long as the commissioner of the Internal Revenue Service and Treasury Secretary Scott Bessent will temporarily serve as…

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How Goldman Sachs aims to dominate another corner of Wall Street

How Goldman Sachs aims to dominate another corner of Wall Street

Goldman Sachs has long been considered the king of Wall Street dealmaking. Now, the bank is increasing its focus on another target: managing money for wealthy clients and institutions. Investment banking services, like underwriting initial public offerings (IPO) and advising mergers and acquisitions (M & A), have long been Goldman’s bread and butter. In fact,…

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