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9/19/2023

READOUT: Treasury Department Convenes Treasury Advisory Committee on Racial Equity | U.S. Department of the Tr…

READOUT: Treasury Department Convenes Treasury Advisory
Committee on Racial Equity
September 19, 2023

WASHINGTON – Today, the U.S. Department of the Treasury convened a meeting of the
Treasury Advisory Committee on Racial Equity (TACRE). The Committee is comprised of
24 experts drawn from academia, business, nonprofits, philanthropy, and other fields who help
advise Department leadership on economic and fairness issues that impact historically
marginalized and underserved communities.
During todayʼs meeting, the Committee advanced new recommendations to the Department
and received an update from Lily Batchelder, Assistant Secretary for Tax Policy, on previous
recommendations. In addition, IRS Commissioner Danny Werfel provided an update on e orts
to increase fairness in tax administration, including by rebalancing enforcement priorities
toward high-income, high-wealth individuals, large corporations, and complex partnerships.
Commissioner Werfel also discussed new e orts to pursue unscrupulous paid preparers who
have targeted taxpayers across the tax system, including those who claim refundable credits
like the Earned Income Tax Credit.
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https://home.treasury.gov/news/press-releases/jy1752

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