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

Florida to crack down on H-1B visas, following Trump's lead

Florida to crack down on H-1B visas, following Trump’s lead

By Andrew RiceThe Center Square American graduates will be prioritized by the state public university system in Florida, Gov. Ron DeSantis said Wednesday. The second-term Republican said he is directing...
Expert: Arizona's 2026 budget faces Big Beautiful Bill impact

Expert: Arizona’s 2026 budget faces Big Beautiful Bill impact

By Zachery SchmidtThe Center Square The biggest impact on Arizona's 2026 budget will come from the federal One Big Beautiful Bill Act, according to Glenn Farley, the Common Sense Institute’s...
Research institute to Congress: Prioritize American healthcare over noncitizens

Research institute to Congress: Prioritize American healthcare over noncitizens

By Tate MillerThe Center Square The American First Policy Institute is calling on Congress to prioritize American patients over illegal aliens and expressed its disapproval toward the illegal alien-favoring proposal...
Illinois beef producers say Trump’s Argentina beef plan hurts farmers

Illinois beef producers say Trump’s Argentina beef plan hurts farmers

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois beef producers express frustration over President Donald Trump’s plan to expand beef imports from Argentina,...
Illinois quick hits: Bailey family announces memorial services; digital currency scam losses

Illinois quick hits: Bailey family announces memorial services; digital currency scam losses

By The Center SquareThe Center Square Bailey family announces memorial services Republican gubernatorial candidate Darren Bailey has announced details of memorial services for his family members who died in a...
WATCH: Expect tax and fee increases for veto; Democrats want more sanctuary policies

WATCH: Expect tax and fee increases for veto; Democrats want more sanctuary policies

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop reviews the prospects...
Lake Land College.5

Lake Land Board Authorizes Tuition Waivers for Special Events to Boost Recruitment

Lake Land College Board of Trustees Meeting | September, 2025 Article Summary: The Lake Land College Board of Trustees approved a series of special event tuition waivers for the 2026 fiscal...
Meeting Briefs

Meeting Summary and Briefs: Casey-Westfield School Board for October 20, 2025

Casey-Westfield School Board Meeting | October 20, 2025 The Casey-Westfield Community Unit School District C-4 board on Monday, October 20, 2025, reviewed the district's strong financial health and heard extensive...
4-H day.1

A Taste of 4-H: A Fun Challenge for Third Graders

Third-grade students received a special visit from Shelby Zellers for an engaging introduction to the world of 4-H. The students learned about the wide variety of activities and hands-on projects...
Judge: Benefits of feeding babies beat risk claims in NEC lawsuits

Judge: Benefits of feeding babies beat risk claims in NEC lawsuits

By Jonathan Bilyk | Legal NewslineThe Center Square Saying trial lawyers have not yet shown evidence of an alternative to cow's milk-based infant formula that would not leave tens of...
Illinois quick hits: Raoul joins SNAP benefits lawsuit; disaster declaration denial appealed

Illinois quick hits: Raoul joins SNAP benefits lawsuit; disaster declaration denial appealed

By Jim Talamonti | The Center SquareThe Center Square Raoul joins SNAP benefits lawsuit Attorney General Kwame Raoul today joined a coalition of 26 attorneys general and governors in filing...
WATCH: Democratic attorneys general sue feds to release food benefits

WATCH: Democratic attorneys general sue feds to release food benefits

By Dave MasonThe Center Square Democratic officials from California and 25 other jurisdictions sued the Trump administration Tuesday to continue Supplemental Food Assistance Program benefits in November despite the federal...
WATCH: GOP lawmaker: Pritzker-back energy omnibus will lead to higher bills

WATCH: GOP lawmaker: Pritzker-back energy omnibus will lead to higher bills

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers are debating an energy omnibus bill during the final days of fall veto session, but...
Illegal border crossings in September historically low

Illegal border crossings in September historically low

By Bethany BlankleyThe Center Square Illegal border crossings in September were historically low, representing a 92.4% drop from a record high reported in September 2023. Last month, 26,002 illegal border...
Vance says U.S. troops will get paid Friday despite shutdown

Vance says U.S. troops will get paid Friday despite shutdown

By Brett RowlandThe Center Square Vice President J.D. Vance said Tuesday that 1.3 million U.S. troops will get a paycheck on Friday despite a congressional funding lapse and stalemate that...