Treasury Secretary Appoints SSA Chief Bisignano as IRS CEO Amid Agency Budget Cuts
Treasury Secretary Appoints SSA Chief Bisignano as IRS CEO Amid Agency Budget Cuts

Treasury Secretary Appoints SSA Chief Bisignano as IRS CEO Amid Agency Budget Cuts

News summary

Treasury Secretary Scott Bessent has appointed Frank Bisignano, who currently serves as Commissioner of the Social Security Administration, as the first-ever Chief Executive Officer of the Internal Revenue Service. Bisignano will manage the IRS's daily operations while continuing his leadership at the SSA, reporting directly to Bessent, who remains the IRS's acting commissioner. This unprecedented dual role aims to address significant challenges facing both agencies, including budget cuts and leadership instability, and to enhance collections, privacy, and customer service for American taxpayers. Bisignano brings extensive experience from the private sector, having held senior roles at Fiserv, J.P. Morgan Chase, and Citigroup, and is expected to leverage this background to improve operational efficiency. The move allows Bisignano to avoid the Senate confirmation process for the IRS role, while strengthening coordination between the two critical agencies. Treasury officials emphasize the shared technological and customer service goals between the IRS and SSA as a rationale for this strategic appointment.

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Bias Distribution
42% Left
Information Sources
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+8
Left 42%
Center 33%
Right 25%
Coverage Details
Total News Sources
17
Left
5
Center
4
Right
3
Unrated
5
Last Updated
18 min ago
Bias Distribution
42% Left
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