President Obama Announces IRS Chief's Resignation

President addresses the IRS scandal involving the targeting of conservative groups.
2:00 | 05/15/13

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Transcript for President Obama Announces IRS Chief's Resignation
President wading into the growing firestorm surrounding him over fire in this fairness at the IRS. He had an announcement today -- the promise of accountability so let's get right to what he said. And what he says he's going to do with ABC's senior justice correspondent Pierre Thomas Pierre. Diane the president announced that the acting RS commissioner today was forced out. He -- more changes are coming in that RS officials could soon be -- -- I've reviewed the Treasury Department watchdog report and misconduct. That and cover up. Is inexcusable. It's inexcusable and Americans -- right to be angry about it and I am angry about. I will not tolerate. This kind of behavior in any agency but especially in the Arabs. Today a growing number of conservatives were lining up to claim they have been targeted two. Conservative Christian preacher Franklin Graham suggested the RS audited his charities. After he stood up against gay marriage in a letter to President Obama Graham said. Our right to inform you this profiling by the RS was not limited to conservative political organizations. Indeed it extended to religious charities -- -- salute a major fund raiser for Republican presidential candidate Mitt Romney says the RS made his life a nightmare. I was faced with the matter of four months three federal -- going not once the administration is investigating. How the RS was allowed to -- -- scrutinize. Tea Party in other conservative groups. Challenging the request for tax exempt status and I can assure you when the American -- anybody who has broken the law will be held accountable a criminal investigation means. Paris officials in Cincinnati California and Washington DC. Now face FBI agents showing up at their offices to interrogate them. Their emails and phone records could be subpoenaed my question is who's going to jail over this -- The president call or new leadership at the IRS and new safeguards.

This transcript has been automatically generated and may not be 100% accurate.

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