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

Casey Council Meeting Graphic.1

Casey Completes $498,279 Housing Rehabilitation Grant Project

The City of Casey successfully completed a nearly half-million dollar housing rehabilitation program that brought nine homes up to code and assisted 19 low-to-moderate income residents, officials announced during a...
City Council Meeting Briefs.Blue

CITY MEETING BRIEFS

Grant Administration Success: The Coles County Regional Planning & Development Commission successfully administered the $498,279 housing rehabilitation grant with 100% of funds reaching qualifying low-to-moderate income households. No Resident Displacement:...
Casey Westfield School Board.3

Casey-Westfield Board Approves $100,000+ in Technology and Facility Upgrades

The Casey-Westfield School Board approved more than $100,000 in technology purchases and facility improvements during Monday's meeting, while also addressing administrative cost limitations and preparing for new board member transitions....
Casey Westfield School Board.1

Casey-Westfield Students Excel in Academics and Community Service

Casey-Westfield students demonstrated exceptional achievement across academic competitions, community service, and educational experiences, according to administrator reports presented during Monday's board meeting. High school students showcased academic excellence through multiple...
Casey Westfield School Board.2

SCHOOL BOARD MEETING BRIEFS

Bond Funds Secured: The Series 2025 HLS Bonds closed April 15 with proceeds deposited at Casey State Bank and fully collateralized, advancing facility improvement projects. Board Transition Pending: New board...
Casey Council Meeting Graphic.1

Casey Council Approves Major Equipment Purchase, Awards Tree Removal Contracts

The Casey City Council authorized the purchase of a $191,537.50 hydro-vac truck and awarded contracts totaling more than $40,000 for tree and stump removal projects during Monday's meeting, while also...
Casey Council Meeting Graphic.2

Casey Committee Maintains Chicken Ban, Advances Planning Initiatives

Casey city committees addressed livestock regulations and economic development planning during meetings held before Monday's council session, with decisions that will affect both residential regulations and long-term community growth. The...
City Council Meeting Briefs.Purple

CITY MEETING BRIEFS

Pond Project Installation: The valve structure for the park pond project arrived Tuesday with installation work beginning this week, continuing progress on the recreational facility enhancement. Sidewalk Bids Scheduled: Contractor...
Casey Council Meeting Graphic.1

Casey Council Approves Union Contract, Issues Historic Founding Day Proclamation

The Casey City Council approved a tentative agreement with the ICOP Union and signed a proclamation commemorating the city's founding during Monday's meeting, while also advancing several business and infrastructure...
Casey Council Meeting Graphic.2

Casey Schedules Public Input on Comprehensive Plan Update

Casey residents will have the opportunity to provide input on the city's comprehensive plan update during a public meeting scheduled for April 22nd from 5:00 to 7:00 p.m., Economic Development...
City Council Meeting Briefs.Blue

CITY MEETING BRIEFS

Ordinance Changes Considered: Alderman Richardson reported a citizen inquiry about allowing chickens within city limits, with an ordinance committee meeting planned to discuss potential changes to current regulations. Emergency Sirens...
Casey Westfield School Board.2

Casey-Westfield Board Approves $4.5 Million Bond Issue with Local Banks

The Casey-Westfield School Board unanimously approved a $4.5 million bond issue for fire prevention, safety improvements, and building renovations during Monday's meeting, with financing arranged through three local banks at...
Casey Westfield School Board.3

Legislative Concerns and Athletic Policy Changes Address School Operations

Casey-Westfield school officials are monitoring state legislative developments that could affect district operations, while also adapting to new athletic association policies for private school competition. Superintendent Mike Shackelford alerted board...
Casey Westfield School Board.1

SCHOOL BOARD MEETING BRIEFS

Technology Infrastructure Critical: The 9-year-old junior/senior high server replacement was urgently needed due to memory loss, 95% capacity usage, and daily error codes threatening system failure. Local Banking Partnership: Three...
Casey Council Meeting Graphic.2

Casey Approves Historical Society Parade, Adds Employee Medical Benefits

The Casey City Council formally approved the Casey Historical Society Parade for May 10th and enhanced employee benefits by adding AirMedCare membership during Monday's meeting, while also advancing comprehensive planning...