| Douglas Harry Shulman -- Department of the Treasury |
| Commissioner, IRS |
Douglas Shulman became the 47th Commissioner of Internal Revenue on March 24, 2008. He presides over the nation's tax administration system, which collects approximately $2.4 trillion in tax revenue that funds most government operations and public services. He manages an agency of over 100,000 employees and a budget of approximately $11 billion.
Shulman came to the IRS from the Financial Industry Regulatory Authority (FINRA), the private-sector regulator of all securities firms doing business in the United States. As vice chairman, he was responsible for strategy, services and operations.
Shulman served in the same role at the National Association of Securities Dealers (NASD) before its 2007 consolidation with New York Stock Exchange Member Regulation, which resulted in the formation of FINRA. After joining NASD in 2000, he played an integral role in restructuring the company, led the negotiations of the sale of the NASDAQ stock market and American Stock Exchange, oversaw the launch of industry-wide bond market transparency and modernized NASD's technology operations.
Earlier in his career, Shulman was involved with several start-up organizations, was a vice president of a private investment firm and served as Senior Policy Advisor and then Chief of Staff of the National Commission on Restructuring the IRS.
Shulman holds a B.A. from Williams College, an M.P.A. from Harvard University's John F. Kennedy School of Government and a J.D. magna cum laude from Georgetown University Law Center. |
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