John Koskinen, formerly CEO of Freddie Mac, has been nominated to serve as Internal Revenue Service commissioner, The Washington Post reported Thursday.
Koskinen was previously Freddie Mac’s non-executive chairman from 2008 until 2011, according to the report.
The Post reports he helped Washington, D.C. handle a $323 million deficit in 2003 while serving as deputy mayor and city administrator.
According to the article, he dealt with the deficit by managing federal grants and collecting Medicaid money.
Koskinen also served as president and CEO of consulting firm Palmieri Co., writes Hicks.