New documents show Billy Long’s $130,000 personal debt was suddenly paid off by donors at firms policed by the tax agency he’d lead.

President Donald Trump’s choice for Internal Revenue Service director just had his six-figure debt paid off by campaign donors whose firms have significant, often contentious business before the tax agency he would lead, according to federal records reviewed by The Lever.

In new campaign finance filings, Long disclosed an outstanding personal loan of $130,000 that he had made to his failed 2022 U.S. Senate campaign. The dormant Senate campaign committee had raised less than $36,000 in the last two years, which could have forced Long to absorb the losses on the loan.

But after Trump named Long to head the IRS, the committee suddenly raked in nearly $137,000 in less than three weeks in January — money that Long then used to remunerate himself, according to disclosure documents filed this week.