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Trish Turner Appointed Head of IRS Crypto Unit Amid Resignations
By: bitcoin ethereum news|2025/05/07 06:30:02
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Trish Turner takes over as head of the IRS digital assets unit after two key leaders resign. RS faces internal turmoil as 23,000 employees signal intent to resign. The U.S. Internal Revenue Service (IRS) has appointed Trish Turner as the new head of its digital assets division. Her promotion follows the sudden departure of Sulolit “Raj” Mukherjee and Seth Wilks, two private-sector experts who previously co-led the IRS crypto unit. Turner has worked at the IRS for over twenty years, most recently as a senior adviser in the Digital Assets Office. Her appointment signals a leadership transition during shifting crypto policies and internal agency challenges. Mukherjee and Wilks both joined the IRS just over a year ago. Mukherjee served as executive director of compliance and implementation. Wilks handled digital asset strategy and development. He confirmed his resignation on LinkedIn, while Mukherjee issued a statement to Bloomberg Tax. Meanwhile, the IRS has ramped up its scrutiny of crypto transactions. The agency has increased audits and criminal probes in recent years. It also introduced the controversial DeFi broker reporting rule, which was slated to begin in 2027. Trump’s Return Reverses Crypto Policy, Shakes IRS The rule would have required decentralized platforms to report gross proceeds and taxpayer details. However, critics argued the measure was too broad. President Donald Trump repealed the rule shortly after returning to office in January. Trump’s second term has brought significant changes to federal crypto policy. His administration has paused or dropped multiple SEC enforcement actions. The Department of Justice also shut down its crypto enforcement unit, signaling a broader regulatory retreat. Internally, the IRS is experiencing further instability. Over 23,000 employees have expressed interest in resigning. The exodus followed the reintroduction of Trump’s deferred resignation policy, raising concerns about long-term staffing. Highlighted Crypto News Today Pudgy Penguins (PENGU) Eyes $0.02 As Recovery Gains Traction After 250% Bounce Source: https://thenewscrypto.com/trish-turner-appointed-head-of-irs-crypto-unit-amid-resignations/
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