Treasury's Top Tax Policy Official "Unexpectedly" Resigns

Gregory F. Jenner, the Treasury Department's top tax policy official, "unexpectedly" resigned as of noon Saturday to return to private practice.  Jenner, Acting Assistant Treasury Secretary for Tax Policy, was nominated in July to be the permanent replacement for Pamela F. Olson, who resigned in April and joined Skadden.  A replacement for Jenner is expected to be named this week.  The Wall Street Journal notes:

Mr. Jenner, who served in the Treasury Department in the first Bush administration as well as on the Senate Finance Committee in the 1980s, is departing at a critical time. President Bush has said an overhaul of the tax code is a major priority for his second term. The departure surprised two top lobbyists and a senior tax official in the Capitol, all of whom work closely with Mr. Jenner on tax issues. His predecessors provided early signals of their departure and there was a lengthy transition period before they eventually left.

For other press coverage, see:

• Roth & Company
• Tax Analysts
• Washington Post