IRS nominee gets hearing next week

The Senate Finance Committee will hold a nomination hearing next Tuesday for John Koskinen, President Obama’s pick to lead the IRS.

The hearing will come more than four months after Obama announced his intention to nominate Koskinen, who’s crafted a reputation as a turnaround artist, and roughly seven months after the IRS acknowledged singling out Tea Party groups.

Koskinen is sure to get questions about how he plans to prevent that sort of issue from happening again, and to rebuild taxpayer confidence in the IRS.

His nomination hearing will also come after the IRS’s inspector general reported that ObamaCare tax credits could be susceptible to fraud.

Finance Chairman Max BaucusMax Sieben BaucusBernie Sanders flexes power on single-payer ObamaCare architect supports single-payer system Trump has yet to travel west as president MORE (D-Mont.) and the panel’s top Republican, Sen. Orrin HatchOrrin Grant HatchFinance to hold hearing on ObamaCare repeal bill Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea Week ahead in finance: Clock ticking for GOP on tax reform MORE (Utah), had hoped to release findings from their investigation into the IRS targeting this year. But that timeline might be pushed back, at least in part because of this fall’s government shutdown.