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

DOJ to release more than 3 million Epstein documents Friday

DOJ to release more than 3 million Epstein documents Friday

By Andrew RiceThe Center Square The U.S. Department of Justice will release three million documents related to convicted sex offender Jeffrey Epstein throughout the day on Friday, according to a...
WATCH: Commission meets as Chicago mayor seeks to prosecute ICE; SNAP changes Sunday

WATCH: Commission meets as Chicago mayor seeks to prosecute ICE; SNAP changes Sunday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square's Greg Bishop shares some of the...
Illinois Quick Hits: Unemployment up over last year

Illinois Quick Hits: Unemployment up over last year

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to preliminary figures from the U.S. Bureau of Labor Statistics, Illinois’ statewide unemployment rate for December...
Trump taps Kevin Warsh as next Fed chair

Trump taps Kevin Warsh as next Fed chair

By Sarah Roderick-FitchThe Center Square Following months of speculation, President Donald Trump has nominated Kevin Warsh to serve as the Chairman of the Board of Governors for the Federal Reserve....
National shutdown, strike planned for Friday, Jan. 30 in protest of ICE

National shutdown, strike planned for Friday, Jan. 30 in protest of ICE

By Bethany BlankleyThe Center Square A “national shutdown” and strike has been planned for Friday by several groups in protest of U.S. Immigration and Customs Enforcement. “No work. No school....
Gori firm accused of fraud, racketeering, ‘bounties’ in asbestos litigation

Gori firm accused of fraud, racketeering, ‘bounties’ in asbestos litigation

By Jonathan Bilyk | Legal NewslineThe Center Square A Los Angeles-based maker of plastic pipes has sued the Gori Law Firm, accusing the most prolific filer of asbestos litigation of...

WATCH: Democratic legislators introduce anti-ICE legislation

By Madeline ShannonThe Center Square A coalition of Democratic legislators announced several bills they're introducing this year to target the activity of U.S. Immigration & Customs Enforcement in California. “Across...
Illinois Quick Hits: Grayson gets 20 years for murder

Illinois Quick Hits: Grayson gets 20 years for murder

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former Sangamon County sheriff’s deputy has been sentenced to 20 years in prison for fatally shooting...
Bill Cassidy, facing Trump-backed challenger, bets on 'who delivers'

Bill Cassidy, facing Trump-backed challenger, bets on ‘who delivers’

By Nolan MckendryThe Center Square U.S. Sen. Bill Cassidy is running for a third term on a pivotal wager: that a record of delivering federal dollars to Louisiana and pushing...
Trump Cabinet meeting: New Fed chair, coal saving lives, Russia and Ukraine

Trump Cabinet meeting: New Fed chair, coal saving lives, Russia and Ukraine

By Morgan SweeneyThe Center Square The administration will announce its pick for a new Federal Reserve chair next week. Coal-powered energy saved lives during Winter Storm Fern. An impending Russia-Ukraine...
Paul introduces legislation to halt welfare funding for non-citizens

Paul introduces legislation to halt welfare funding for non-citizens

By Sarah Roderick-FitchThe Center Square With billions of American taxpayer dollars on the line, and funding for over a dozen welfare benefits for refugees set to continue, U.S. Sen. Rand...
Food companies push back on Pennsylvania bills to ban certain food products

Food companies push back on Pennsylvania bills to ban certain food products

By Emily RodriguezThe Center Square Representatives of the American Beverage Association said Tuesday the proposed bans for artificial ingredients in Pennsylvania are unnecessary and advocated for a national FDA-approved standard...
Pritzker, Johnson express concerns about 2028 DNC with Trump in office

Pritzker, Johnson express concerns about 2028 DNC with Trump in office

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has questions about how federal law enforcement might act if Chicago plays host to...
Pritzker looks for rules for federal school choice scholarship program

Pritzker looks for rules for federal school choice scholarship program

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Despite having a similar state program expire, Illinois Gov. J.B. Pritzker remains on the fence about whether...
Ex-deputy sentenced to 20 years in prison for killing Sonya Massey

Ex-deputy sentenced to 20 years in prison for killing Sonya Massey

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former Sangamon County sheriff’s deputy has been sentenced to 20 years in prison for fatally shooting...