Treasury Secretary Scott Bessent To Remain IRS Commissioner With New CEO Frank Bisignano

President Donald Trump has decided that Treasury Secretary Scott Bessent will continue serving as the commissioner of the Internal Revenue Service (IRS), a role he assumed after the removal of former IRS leader Billy Long. To assist with day-to-day operations, Frank Bisignano, the current commissioner of the Social Security Administration (SSA), will take on a newly created position as CEO of the IRS, overseeing the agency's daily functions while retaining his SSA role. This dual leadership approach is part of Trump's unconventional management style, leveraging business expertise in government roles. Bessent praised Bisignano's record in driving efficiency and growth, highlighting the shared technological and customer service goals between the IRS and SSA. The arrangement has raised some concerns about politicization and data privacy, but the administration emphasizes improved collections, privacy, and customer service. Additionally, Bessent is involved in the search for a replacement for Federal Reserve Chair Jerome Powell, underscoring his significant responsibilities in the current administration.