- October 12, 2010
- Andrew Presti
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The Treasury Department is reviewing complaints by Republicans that White House adviser Austan Goolsbee may have broken confidentiality laws by commenting on the tax structure of Koch Industries Inc., a political foe of President Barack Obama.
Russell George, the Treasury inspector general for tax administration, told Iowa Senator Charles Grassley, the top Republican on the tax-writing Finance Committee, in a Sept. 28 letter that he has begun a review at the senator’s request. The panel’s six other Republicans also sought the probe.
During a conference call with reporters in August, Goolsbee, chairman of Obama’s Council of Economic Advisers, identified Koch Industries as an example of a “multibillion- dollar business” that uses a tax structure originally intended to benefit small businesses.