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

Leavitt calls for firing UN staff if Trump's escalator stopped intentionally

Leavitt calls for firing UN staff if Trump’s escalator stopped intentionally

By Brett RowlandThe Center Square The White House called for an investigation of a United Nations security team after alleging that staffers may have intentionally stopped the escalator carrying President...
Figures show California is state with highest unemployment

Figures show California is state with highest unemployment

By Dave MasonThe Center Square Despite Gov. Gavin Newsom bragging about California being the world’s fourth-largest economy, the Golden State isn't striking gold for jobs. California continues to have the...
Teacher union sues feds for delaying loan forgiveness

Teacher union sues feds for delaying loan forgiveness

By Esther WickhamThe Center Square The American Federation of Teachers sued the Trump administration this past week over delaying student loan forgiveness, arguing it is unlawful. The AFT filed a...
Catholic law professor says lower courts botched tariff rulings

Catholic law professor says lower courts botched tariff rulings

By Brett RowlandThe Center Square A Catholic law professor told the nation's highest court Tuesday that President Donald Trump's tariffs are on solid legal ground after two lower courts' botched...
Bipartisan lawmakers reintroduce DACA protections

Bipartisan lawmakers reintroduce DACA protections

By Andrew RiceThe Center Square A bipartisan, bicameral group of lawmakers has introduced legislation designed to prevent more than 250,000 people brought to the United States as children, or “Dreamers,”...
Routh guilty on all charges in plot to kill Trump

Routh guilty on all charges in plot to kill Trump

By Alan WootenThe Center Square Ryan Routh was found guilty of all charges in a plot to kill Donald Trump by a federal jury that needed little time to reach...
Trump, Zelenskyy meet as Russia accused of violating NATO nations' air space

Trump, Zelenskyy meet as Russia accused of violating NATO nations’ air space

By Morgan SweeneyThe Center Square In the wake of repeated drone incursions into European airspace, President Donald Trump met with Ukrainian President Volodymyr Zelenskyy while attending the 80th U.N. General...
WATCH: IL governor on photo with wanted suspect: 'No way to vet everybody'

WATCH: IL governor on photo with wanted suspect: ‘No way to vet everybody’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker is defending the use of taxpayer dollars for community violence intervention, even after he...

Illinois quick hits: Constitutional amendment would guarantee parental rights

By The Center SquareThe Center Square Constitutional amendment would guarantee parental rights Illinois U.S. Rep. Mary Miller has filed a constitutional amendment to what her office says would permanently establish...
Oversight committee expands probe on 'politically motivated' debanking

Oversight committee expands probe on ‘politically motivated’ debanking

By Sarah Roderick-FitchThe Center Square As part of the investigation into possible “politically motivated discrimination” by the financial system during the Biden administration, the House Oversight Committee is expanding its...
'Brutal slog:' Government shutdown looms as bipartisan negotiations derail

‘Brutal slog:’ Government shutdown looms as bipartisan negotiations derail

By Thérèse BoudreauxThe Center Square Government funding negotiations came to a standstill Tuesday after President Donald Trump cancelled talks with Democratic congressional leaders, saying no meeting “could possibly be productive”...

WATCH: Republican leader: says Pritzker budget cut EO a ploy for IL tax increases

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker blames President Donald Trump for ordering Illinois state agencies to find 4% budget cuts....
Nebraska attorney general sues Lorex over Chinese surveillance concerns

Nebraska attorney general sues Lorex over Chinese surveillance concerns

By Tom JoyceThe Center Square Nebraska Attorney General Mike Hilgers filed a lawsuit Tuesday against home security camera company Lorex. He says the company misled consumers about the safety of...
Colorado pushes ahead on clean energy as EV funding returns

Colorado pushes ahead on clean energy as EV funding returns

By Elyse ApelThe Center Square Colorado is once again set to receive $57 million in federal monies as part of the National Electric Vehicle Infrastructure Grant program. This comes after...
Trump lectures UN, Western Europe for policy failures

Trump lectures UN, Western Europe for policy failures

By Morgan SweeneyThe Center Square In a fiery address to the U.N. General Assembly at its 80th session in New York City, President Donald Trump outlined his position and priorities...