is treasury an executive agency
IRS Not So âIndependentâ. The Internal Revenue Service is not exactly an âindependent agency,â as President Obama claimed during a May 13 press conference. In fact, it is a bureau of the Treasury Department, an executive agency within the federal government. And it is the president who nominates the head or chief executive of the IRS, and who has the authority to remove the individual in that post at his or her will.