Candidate to Run IRS Emerges
Thursday, November 1, 2007
The leading candidate to become the next commissioner of the Internal Revenue Service is Douglas Shulman, according to congressional aides close to the confirmation process.
Shulman is vice chairman of the Financial Industry Regulatory Authority, a large nongovernmental regulator of U.S. securities firms. At FINRA, he has broad responsibility for strategy, services and operations, the organization said.
Neither a spokesman for FINRA nor the White House would confirm that Shulman has been nominated. But Bush administration officials informed lawmakers this week that he was a top candidate to lead the IRS.
The acting commissioner is Linda Stiff. She replaced Mark W. Everson when he resigned earlier this year to become president of the American Red Cross.
Shulman's online biography says that he was the chief of staff of the National Commission on Restructuring the Internal Revenue Service, which completed its work a decade ago. He has also run two small companies, worked for AT Kearney consulting and been employed as a private-equity investor at Darby Investments, the bio said.