Obama picks new IRS Commissioner
WASHINGTON- President Obama nominated a retired corporate restructuring expert as Commissioner of the IRS and says he is confident John Koskinen will restore public trust in the agency. Its under fire for screening political groups and the President says Koskinen "knows how to lead in difficult times." Koskinen was tapped to overhaul the mortgage buyer Freddie Mac after it almost collapsed during the financial crisis. The President gave the boot to former IRS Commissioner Steven Miller in May after it was revealed the agency improperly targeted political groups when they filed for tax-exempt status.