The Internal Revenue Service (IRS) will soon finalize its plans for the $80 billion in additional funding it received in the so-called Inflation Reduction Act. Most expect the IRS to publicly release this report in full, though the Biden administration has not explicitly committed to this. Failure to do so would be irresponsible.
Deputy Treasury Secreatary Wally Adeyemo, former senior adviser at BlackRock, is likely to be named as Biden's top economic adviser next year, per Bloomberg.
The largest crypto exchange in the world, hired several IRS officials from the division responsible for investigating the company, according to Reuters Monday.