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

'They deserve their story': Bill aims to open foster care files

‘They deserve their story’: Bill aims to open foster care files

By Cat Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are moving to ensure families adopting children from the state’s foster care system receive...
Under Trump, Big Bend CBP Sector in Texas making history

Under Trump, Big Bend CBP Sector in Texas making history

By Bethany BlankleyThe Center Square The far west Texas U.S. Customs and Border Protection sector of Big Bend made history under the Biden and Trump administrations – for different reasons....
Clark County Graphic.4

Board Places Scholarship Tax Credit Referendum on Ballot

Article Summary: Clark County voters will face an advisory question regarding the Federal Scholarship Tax Credit following a board vote on Friday.Referendum Key Points: The referendum is non-binding and asks the...
Pro-life marchers say fight against abortion isn't over

Pro-life marchers say fight against abortion isn’t over

By Emily RodriguezThe Center Square Despite the overturn of Roe v. Wade, the March for Life continues. With the decision to ban or support abortion now in the hands of...
Dodgers' first baseman loses $2M on home sale after taxes

Dodgers’ first baseman loses $2M on home sale after taxes

By Chris WoodwardThe Center Square Selling a high-value property in Los Angeles? Tax experts advise caution: You could be in the same boat as Los Angeles Dodgers star Freddie Freeman....

WATCH: FOIA reveals 725% increase in Medicaid for IL children without SSNs

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – A candidate for the Illinois Statehouse worries there could be a dark side to the 725% increase...
HHS won't use taxpayer dollars for research using aborted fetal tissue

HHS won’t use taxpayer dollars for research using aborted fetal tissue

By Thérèse BoudreauxThe Center Square The U.S. Department of Health and Human Services is banning the use of human fetal tissue sourced from elective abortion in federally funded research. Under...
Education Department issues Title 1 consolidation guidance

Education Department issues Title 1 consolidation guidance

By Esther WickhamThe Center Square The U.S. Department of Education issued guidance to state education officials urging Title I schools to consolidate federal, state and local funding into a single...
U.S. Senate postpones Monday votes ahead of govt funding deadline

U.S. Senate postpones Monday votes ahead of govt funding deadline

By Andrew RiceThe Center Square The U.S. Senate canceled votes originally scheduled for Monday due to inclement weather, shortening the timeframe for legislators to pass necessary funding bills to avoid...
Illinois lawmakers clash over ICE funding as DHS bill advances

Illinois lawmakers clash over ICE funding as DHS bill advances

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois congressman broke with a faction of moderate Democrats recently by voting against a Department...
Leaders highlight policies to end taxpayer-funded abortions at march for life

Leaders highlight policies to end taxpayer-funded abortions at march for life

By Andrew RiceThe Center Square Vice President JD Vance and other elected officials on Friday touted their accomplishments to implement pro-life legislation over the past year at the 53rd annual...
Illinois Quick Hits: End of tax credit causes another Catholic school to close

Illinois Quick Hits: End of tax credit causes another Catholic school to close

By Jim Talamonti | The Center SquareThe Center Square Another Archdiocese of Chicago school has cited the end of Illinois’ Invest in Kids Scholarship Tax Credit Program as a reason...

Chicago inspector general hopes for urgency to address OT mistakes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago’s inspector general says she hopes there is urgency to correct mistakes after the city paid $26.5...

Poll shows most Americans support legal limits to abortion

By Tate MillerThe Center Square Pro-life groups celebrate the 53rd annual March for Life event in the wake of a Knights of Columbus-Marist Poll showing that most Americans support legal...
Bill would give parents access to expulsion evidence

Bill would give parents access to expulsion evidence

By Cat Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are weighing legislation that would require public schools to share all evidence used to...