President Joe Biden on Thursday announced Danny Werfel as his nominee to lead the Internal Revenue Service. Werfel served as the agency’s acting commissioner under President Barack Obama in 2013. If confirmed he would join the IRS as congressional Republicans, who appear poised to take at least the House of Representatives after Tuesday’s midterm elections, vow to scrap Biden’s plans to boost staff at the agency. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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