Bessent names new CEO for tax collection agency

Spread the love

Treasury Secretary Scott Bessent, who is serving as acting commissioner of the Internal Revenue Service, created a new position to lead the day-to-day operations of the federal government’s tax collection agency.

Bessent announced that Commissioner of the Social Security Administration Frank Bisignano will serve as Chief Executive Officer of the IRS. In the newly created position, Bisignano will report directly to Bessent. Bisignano will manage the organization and oversee day-to-day IRS operations while continuing to serve as Commissioner of the Social Security Administration.

“Frank is a businessman with an exceptional track record of driving growth and efficiency in the private and now public sector,” Bessent said in a statement.

IRS officials said the IRS and SSA share many of the same technological and customer service goals.

“Under his leadership at the SSA, he has already made important and substantial progress, and we are pleased that he will bring this expertise to the IRS as we sharpen our focus on collections, privacy, and customer service in order to deliver better outcomes for hardworking Americans,” Bessent said.

The IRS has gone through seven leaders so far this year. Last month, U.S. Sen. John Cornyn, R-Texas, called for “stability” at the IRS.

Bisignano previously served as Chairman and CEO of Fiserv, the world’s largest financial services and payment technology company. He also held similar jobs running large organizations that managed sensitive data.

The IRS media office didn’t immediately answer questions about pay for the new IRS CEO position. Many federal media relations offices closed amid the ongoing partial federal government shutdown.

Last month, the Treasury Inspector General for Tax Administration wrote in a report that it was concerned about the IRS’s staffing levels.

“We expect workforce reductions to impact key processing programs and customer service going forward,” the September report noted. “We are concerned about how this will impact the 2026 Filing Season. Key IRS functions responsible for managing the filing season have lost 17% to 19% of their workforce.”

The report noted that the staffing issues come as the agency prepares to implement key tax provisions included in the Republicans’ One Big Beautiful Bill Act. The GOP measure expanded deductions for tipped workers, overtime pay, senior citizens and people with high state and local tax bills.

“Staffing losses in the IRS’s Information Technology function and recently enacted legislation create additional challenges for the IRS as it prepares for the 2026 Filing Season,” according to the report. “The One Big Beautiful Bill Act will require the IRS to make substantial changes ahead of the 2026 Filing Season, but the agency will have fewer Information Technology resources to timely update processing systems.”

Leave a Comment





Latest News Stories

Iran conflict, refinery disruption play roles as Illinois gas price passes $4.50

Iran conflict, refinery disruption play roles as Illinois gas price passes $4.50

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gas prices have surged in Illinois, and an American Automobile Association spokesperson says several factors are to...
Illinois Quick Hits: Ex-East St. Louis librarian sentenced for fraud, theft

Illinois Quick Hits: Ex-East St. Louis librarian sentenced for fraud, theft

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The former director of the East St. Louis public library has been sentenced to 15 months in...
Casey Westfield School Board.2

Building Reports Highlight Testing Triumphs, Historic Track Records, and Career Exploration

Casey-Westfield Board of Education Meeting | April 20, 2026 Article Summary: Building administrators delivered comprehensive academic reports to the Casey-Westfield Board of Education on Monday, highlighting state testing completions, athletic milestones,...
Casey Council Meeting Graphic.2

Meeting Summary and Briefs: Casey City Council for April 20, 2026

Casey City Council Meeting | April 20, 2026 The Casey City Council convened on Monday, April 20, 2026, for a meeting heavily focused on municipal infrastructure, intergovernmental cooperation, and personnel...
school board monroe elementary

Casey-Westfield Board Approves Nearly $100,000 for Monroe Elementary Technology Upgrades

Casey-Westfield Board of Education Meeting | April 20, 2026 Article Summary: The Casey-Westfield Board of Education on Monday approved extensive equipment and maintenance expenditures, headlined by a $98,167 technology purchase to...
Casey Council Meeting Graphic.1

City Awaits $2.5 Million in Federal Funding for Park Improvements and Sewer Relining

Casey City Council Meeting | April 20, 2026 Article Summary: Casey is currently navigating the final stages of securing two massive federal infrastructure appropriations, including a newly advancing $1,550,000 request...
Casey Westfield School Board.1

Casey-Westfield Board Faces Impending Statewide Cell Phone Ban, Accelerates High School HVAC Overhaul

Casey-Westfield Board of Education Meeting | April 20, 2026 Article Summary: The Casey-Westfield Board of Education on Monday reviewed the impact of a looming statewide cell phone ban while approving emergency...
Fifth Circuit hands Texas another win on border security law

Fifth Circuit hands Texas another win on border security law

By Bethany BlankleyThe Center Square The Fifth Circuit Court of Appeals handed Texas its third win Friday on border security. As the border crisis escalated during the Biden administration, Gov....
Illinois Rep faces investigation over sexual harassment

Illinois Rep faces investigation over sexual harassment

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A state representative embattled with allegations of sexual harassment returned to Springfield this week after being stripped...
Talks with Iran to resume

Talks with Iran to resume

By Sarah Roderick-FitchThe Center Square Middle East Special Envoy Steve Witkoff and Jared Kushner will head back to Pakistan over the weekend to resume talks, as Vice President JD Vance...
Return on investment questioned as Chicago Red Line construction begins

Return on investment questioned as Chicago Red Line construction begins

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Taxpayers are facing a hefty price tag as construction begins on a long-anticipated Chicago Transit Authority project...

WATCH: WA Democrat income tax supporter questions ‘necessity clause’ nixing public vote

By Carleen JohnsonThe Center Square A Democratic lawmaker who voted in support of Washington’s new income tax said he didn't see anything scandalous in this week’s revelation of emails showing...
DOJ to face audit for handling of Epstein files release

DOJ to face audit for handling of Epstein files release

By Thérèse BoudreauxThe Center Square Following the drawn-out and politically calamitous release of millions of federal documents related to the exploits of sex trafficker Jeffrey Epstein, the Department of Justice...
ISU strike enters third week; union sues over alleged strikebreaking

ISU strike enters third week; union sues over alleged strikebreaking

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Union support staff at Illinois State University has entered a third week on strike over failed contract...
Trump extends Jones Act waiver, citing national securit

Trump extends Jones Act waiver, citing national securit

By Alton WallaceThe Center Square The Trump administration has suspended for an additional 90 days a law forbidding foreign-owned and crewed ships from transporting goods between U.S. ports in an...