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

WATCH: Frustration mounts with Dept. of Corrections 'unseriousness,' 'timeliness problem'

WATCH: Frustration mounts with Dept. of Corrections ‘unseriousness,’ ‘timeliness problem’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Corrections has begun scanning prison inmates’ mail, but lawmakers are not happy with...
Illinois audit commission members worried about ‘ghost’ health care networks

Illinois audit commission members worried about ‘ghost’ health care networks

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Concerns about ghost medical insurance networks and zombie state boards and commissions were raised during a review...
Exclusive: District to repay $3 million to property owners

Exclusive: District to repay $3 million to property owners

By Elyse ApelThe Center Square The National Taxpayers Union Foundation recently secured a major legal victory in Colorado that will result in $3 million in taxpayer reimbursements for certain property...
WATCH: CCTV footage captures attempted murder of Pennsylvania governor

WATCH: CCTV footage captures attempted murder of Pennsylvania governor

By Christen SmithThe Center Square The Dauphin County District Attorney's Office released more than five minutes of CCTV footage that captured Cody Balmer setting fire to Gov. Josh Shapiro's official...
Most Americans say U.S. heading in the wrong direction, poll finds

Most Americans say U.S. heading in the wrong direction, poll finds

By Brett RowlandThe Center Square A new poll shows about 55% of registered voters think the U.S. is headed in the wrong direction, including 74% of Latino voters, a key...
Balmer pleads guilty to attempted murder of Pennsylvania governor

Balmer pleads guilty to attempted murder of Pennsylvania governor

By Christen SmithThe Center Square The man accused of firebombing the Pennsylvania governor’s mansion in Harrisburg pleaded guilty to attempted murder, aggravated arson and terrorism on Tuesday. Cody Balmer also...
Cook County officials warn property tax reform could hurt homeowners

Cook County officials warn property tax reform could hurt homeowners

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are clashing over a Cook County property tax relief plan that restricts the types...
Maine Gov. Janet Mills officially launches U.S. Senate bid

Maine Gov. Janet Mills officially launches U.S. Senate bid

By Chris WadeThe Center Square Maine Gov. Janet Mills formally announced Tuesday that she will seek the Democratic Party's nomination to challenge incumbent Republican Sen. Susan Collins in next year's...
Illinois quick hits: Poll finds mixed reviews for Trump; posthumous medal for Kirk; transit fare increase proposed

Illinois quick hits: Poll finds mixed reviews for Trump; posthumous medal for Kirk; transit fare increase proposed

By Jim Talamonti | The Center SquareThe Center Square Poll finds mixed reviews for Trump President Donald Trump’s economic policies are getting mixed reviews from voters. The Center Square Voters'...
AARP under fire after $9 billion payment from UnitedHealthcare revealed

AARP under fire after $9 billion payment from UnitedHealthcare revealed

By Tom JoyceThe Center Square AARP is facing new scrutiny after disclosures showed it will receive $9 billion from UnitedHealthcare under a restructured deal to market AARP-branded Medicare Advantage plans....
WATCH: Trump: Pritzker should ‘beg;’ Veto Session begins as Madigan reports to prison

WATCH: Trump: Pritzker should ‘beg;’ Veto Session begins as Madigan reports to prison

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 shares comments from...

WATCH: Trump: Pritzker should beg for help with public safety in Chicago

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – President Donald Trump says he doesn’t want to use the Insurrection Act to help with public safety...
L.A. congresswoman insists on health insurance tax credits

L.A. congresswoman insists on health insurance tax credits

By Dave MasonThe Center Square Democrats won’t reopen the federal government if America’s health care remains at risk, U.S. Rep. Maxine Waters, D-Los Angeles, told thousands of people at AIDS...
Newsom threatens university funding over Trump's education deal

Newsom threatens university funding over Trump’s education deal

By Esther WickhamThe Center Square California Gov. Gavin Newsom warned state universities that signing the Trump administration's education agreement would put them in direct conflict with his administration. Newsom issued...
Former Los Angeles schools chief runs against city's mayor

Former Los Angeles schools chief runs against city’s mayor

By Dave MasonThe Center Square Andrew Beutner, former superintendent of the Los Angeles Unified School District, announced Monday he’s running against Mayor Karen Bass. Beutner, 65, launched his campaign during...