U.S. Senate approves Obama nominee for IRS chief

Koskinen returns from a break with Baucus and Hatch to resume testimony before a Senate Finance Committee confirmation hearing on his nomination to be commissioner of the Internal Revenue Service (IRS) on the Capitol Hill in WashingtonBy Patrick Temple-West WASHINGTON (Reuters) – The U.S. Senate on Friday voted to confirm John Koskinen as the new head of the Internal Revenue Service, giving the beleaguered tax agency its fourth chief in little more than a year. A 74-year-old lawyer with little tax experience, Koskinen was nominated in August by President Barack Obama. He was approved by the Democrat-controlled Senate in a 59-36 vote. That is when the IRS, still recovering from its worst crisis in years, will start processing its annual crush of about 240 million tax returns, as well as carrying out key parts of Obama's new healthcare law.