President Donald Trump has removed Billy Long, the head of the Internal Revenue Service (IRS), and temporarily replaced him with Treasury Secretary Scott Bessent, The Associated Press and New York Times reported on Friday. Long announced on social media after the news broke that he will take on a new role as the U.S. ambassador to Iceland.

President Donald Trump replaced Billy Long as IRS commissioner after less than two months on the job with Treasury Secretary Scott Bessent in a temporary role.

President Donald Trump is ousting Billy Long from his role as commissioner of the Internal Revenue Service just two months after he was confirmed to the position, three sources familiar told CNN.