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

U of I pressed on costly abandoned development project, stance on DEI directives

U of I pressed on costly abandoned development project, stance on DEI directives

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As many Illinois universities face multimillion dollar budget deficits, state senators were critical of spending by the...
Trump says Iran's new leader wants ceasefire

Trump says Iran’s new leader wants ceasefire

By Brett RowlandThe Center Square President Donald Trump announced today that Iran's new leader has requested a ceasefire, marking a possible turning point in the ongoing conflict that has gripped...
‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling

‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling

By Jonathan Bilyk | Legal NewslineThe Center Square The days appear to be numbered for a Colorado state law banning so-called "conversion therapy," after the U.S. Supreme Court lopsidedly sided...
Casey Westfield Softball Graphic

Casey-Westfield Launches Five Home Runs in 11-4 Win Over Edwards County

The Casey-Westfield varsity softball team put on an absolute clinic at the plate on Tuesday afternoon, blasting five home runs to power past host Edwards County 11-4 in a non-conference...
Casey Westfield Softball Graphic

Goble’s 10 Strikeouts and Powerful Offense Lead Casey-Westfield Past Edwards County 11-4

The Casey-Westfield varsity softball team unleashed a power-hitting clinic on Tuesday, launching five home runs to power their way to an 11-4 home victory over Edwards County. Backed by a...
Casey Westfield Track and Field Graphic

Casey-Westfield Secures Runner-Up Finishes at Five-Team Paris Meet

The Casey-Westfield track and field teams continued their strong spring campaign on Tuesday, March 31, 2026, traveling to Paris High School and capturing second place in both the boys' and...
Illinois business leaders press lawmakers as child care costs face scrutiny

Illinois business leaders press lawmakers as child care costs face scrutiny

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois business leaders pressured Illinois lawmakers Tuesday to approve billions of dollars in taxpayer‑funded child care investments,...
Illinois Quick Hits: Vacant lots go on sale in Chicago

Illinois Quick Hits: Vacant lots go on sale in Chicago

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Mayor Brandon Johnson and the Chicago Department of Planning and Development say more than 600 vacant city...
State vs. local property tax debate rages in Illinois

State vs. local property tax debate rages in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says property taxes are a local issue, but a county treasurer’s report says hefty...
Illinois Quick Hits: County study reflects massive property tax hikes

Illinois Quick Hits: County study reflects massive property tax hikes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to a study by Cook County Treasurer Maria Pappas, property taxes in the county increased at...
Fewer businesses of Illinois' diversity-preferred group got state contracts last year

Fewer businesses of Illinois’ diversity-preferred group got state contracts last year

By Jared Strong | The Center SquareThe Center Square (The Center Square) - Fewer businesses that get diversity-related government priority in Illinois are getting contracts with the state, according to...
Casey Westfield Softball Graphic

Casey-Westfield Uses Five-Run Fifth Inning to Defeat Cumberland 7-3

The Casey-Westfield varsity softball team picked up a 7-3 non-conference road victory over Cumberland on Monday afternoon, breaking open a tight contest with a massive five-run surge in the fifth...
Casey Westfield Softball Graphic

Casey-Westfield Takes Advantage of Late Errors to Defeat Cumberland 7-3

The Casey-Westfield varsity softball team utilized a massive five-run fifth inning and capitalized on defensive miscues to defeat Cumberland 7-3 in a home non-conference matchup on Monday. The game began...
Casey Westfield Baseball Graphic

Casey-Westfield Capitalizes on Miscues to Defeat Oblong/Hutsonville/Palestine 7-3

The Casey-Westfield varsity baseball team protected its home turf at Jerald Barr Field on Monday afternoon, securing a solid 7-3 non-conference victory over the Oblong/Hutsonville/Palestine (OHP) co-op. By combining steady,...
Martinsville School Graphic.2

Meeting Summary and Briefs: Martinsville C.U.S.D. #C-3 Board of Education for February 23, 2026

Martinsville C.U.S.D. #C-3 Board of Education Meeting | February 23, 2026 The Martinsville Community Unit School District #C-3 Board of Education met in regular session on Monday, February 23, 2026....