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

Illinois sports wagers decline after implementation of new tax

Illinois sports wagers decline after implementation of new tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has reported a 15% drop in September sports betting, after the state imposed...
Competing crypto plans create 'narrow path' for adoption

Competing crypto plans create ‘narrow path’ for adoption

By Brett RowlandThe Center Square Two competing plans seeking to define market structure for digital assets in the U.S. have left a "narrow path" to pass regulations for cryptocurrency. The...
Congress used government funding bill to 'erase' $3.4 trillion in deficits

Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

By Thérèse BoudreauxThe Center Square Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving nearly $3.4 trillion...
Illinois patient relies on ACA tax credits, experts warn they drive higher premiums

Illinois patient relies on ACA tax credits, experts warn they drive higher premiums

By Catrina BarkerThe Center Square President Donald Trump signed a House-passed short-term spending bill late Wednesday, ending the shutdown and keeping the government open through January, notably without the Affordable...
Clark County Graphic.6

County Employee Challenges Health Plan Accuracy at Board Meeting

Clark County Board Meeting | September 19, 2025 Article Summary:A Clark County employee informed the board that the county's health insurance plan, particularly its GAP coverage, is not performing as...
Trump rolls back tariffs on over 200 foods in sharp reversal

Trump rolls back tariffs on over 200 foods in sharp reversal

By Brett RowlandThe Center Square Responding to Americans' frustrations over high grocery prices, President Donald Trump issued an executive order Friday exempting more than 200 food products from tariffs. "Certain...
Trump says $2,000 tariff rebate checks won't come before Christmas

Trump says $2,000 tariff rebate checks won’t come before Christmas

By Brett RowlandThe Center Square Americans won't get a $2,000 rebate check from the federal government before Christmas. President Donald Trump said Friday that the proposed checks will not be...
Chicago mayor threatens layoffs, property tax hikes if council rejects head tax

Chicago mayor threatens layoffs, property tax hikes if council rejects head tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson is threatening service cuts, layoffs and property tax hikes if aldermen reject his...
Goldwater Institute sues Arizona attorney general for records

Goldwater Institute sues Arizona attorney general for records

By Chris WoodwardThe Center Square A lawsuit has been filed against Arizona Attorney General Kris Mayes. Phoenix-based Goldwater Institute brought the lawsuit. Attorneys want Mayes to release alleged price-fixing complaint...
Illinois quick hits: Four officers injured during ICE protest

Illinois quick hits: Four officers injured during ICE protest

By Jim Talamonti | The Center SquareThe Center Square Four officers injured during ICE protest Four state and local law enforcement officers were injured and 21 people were arrested Friday...
California asks court to end federalization of National Guard

California asks court to end federalization of National Guard

By Dave MasonThe Center Square California officials Friday renewed their motion for a judge to end the federalized deployment of National Guard troops in Los Angeles. Attorney General Rob Bonta...
ICE, Florida officers arrest 230, including 150 sex offenders

ICE, Florida officers arrest 230, including 150 sex offenders

By Bethany BlankleyThe Center Square U.S. Immigration and Customs Enforcement and Florida Department of Law Enforcement officers arrested 230 foreign nationals in the U.S. illegally, many with extensive criminal histories....
With shutdown over, fight over Obamacare reform is on

With shutdown over, fight over Obamacare reform is on

By Thérèse BoudreauxThe Center Square With the record-long government shutdown finally over, Republicans are ramping up conversations about how to reform Obamacare and address the rising cost of insurance premiums....
Feds launch initiative to conduct welfare checks on unaccompanied minors

Feds launch initiative to conduct welfare checks on unaccompanied minors

By Bethany BlankleyThe Center Square U.S. Immigration and Customs Enforcement has launched an initiative with state and local law enforcement 287(g) partners to locate roughly 450,000 “unaccompanied alien children” (UACs)...
Judge: Biden-era decree deal requires release of 600+ from ICE detention

Judge: Biden-era decree deal requires release of 600+ from ICE detention

By Jonathan Bilyk | Legal NewslineThe Center Square A Chicago federal judge appointed by former President Joe Biden has ruled potentially hundreds of illegal immigrants must be released from federal...