Business Briefs – April 5, 2017

House GOP Angry That Koskinen Still on Job at IRS

WASHINGTON (AP) – Unhappy that Commissioner John Koskinen is still in charge of the IRS, House Republicans asked President Donald Trump on Wednesday to fire him. Fifteen Republicans on the House Ways and Means Committee sent Trump a letter asking him to can John Koskinen. They said trust in the IRS has hit rock bottom and that under Koskinen, the IRS destroyed evidence when Congress was investigating the tax agency for inappropriately singling out conservative groups for extra scrutiny.

FDA Approves More Drugs, and Faster, Than Europe, Study Says

WASHINGTON (AP) – New research shows that contrary to some political claims, the U.S. Food and Drug Administration approved more drugs, and two to three months faster on average, than European regulators did over five years. Researchers studied the track record of the FDA and its overseas counterpart, the European Medicines Agency, between 2011 and 2015.