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

U.S. aircraft carrier being deployed to Latin America

U.S. aircraft carrier being deployed to Latin America

By Sarah Roderick-FitchThe Center Square As part of the Trump administration’s plan to target narco terrorists around Latin America, the Pentagon announced Friday that a U.S. aircraft carrier will be...
Federal agents arrive near San Francisco despite National Guard call-off

Federal agents arrive near San Francisco despite National Guard call-off

By Madeline ShannonThe Center Square Despite President Donald Trump calling off an impending National Guard deployment to San Francisco, federal agents arrived Thursday at Coast Guard Island in Alameda, on...
Over 100 pro-life organizations ask Congress to end forced taxpayer abortion funding

Over 100 pro-life organizations ask Congress to end forced taxpayer abortion funding

By Tate MillerThe Center Square More than 100 pro-life organizations are calling on Congress to end forced taxpayer funding of abortion that loopholes in Obamacare allow for, stating the Hyde...
Measles outbreak continues along Arizona-Utah border

Measles outbreak continues along Arizona-Utah border

By Chris WoodwardThe Center Square Health officials along the Arizona-Utah border continue to deal with measles cases. In Utah, there are 44 cases in the southwest part of the state,...
Value of movie and TV tax credits debated in California

Value of movie and TV tax credits debated in California

By Dave MasonThe Center Square The latest round of movie and TV tax credits is projected to keep thousands of good-paying jobs in California and boost the state’s economy by...
Trucker in Florida triple fatal failed CDL exam 10 times

Trucker in Florida triple fatal failed CDL exam 10 times

By Alan WootenThe Center Square Ten failures of a written exam for a commercial driver’s license have been uncovered against the suspect in a triple fatality on the Florida turnpike...
Multiple illegal border crossers killed after causing high-speed pursuits

Multiple illegal border crossers killed after causing high-speed pursuits

By Bethany BlankleyThe Center Square Drivers of vehicles transporting illegal border crossers seeking to evade arrest continue to cause car accidents that result in death, both of U.S. citizens and...
Canada caves to pressure from Trump over Ronald Reagan ad

Canada caves to pressure from Trump over Ronald Reagan ad

By Brett RowlandThe Center Square Ontario Premier Doug Ford said Friday that he would scrap a $56 million ad campaign that used clips of former U.S. President Ronald Reagan from...
Exclusive: Colorado lawmakers split over limits on taxes

Exclusive: Colorado lawmakers split over limits on taxes

By Elyse ApelThe Center Square Colorado Rep. Lorena Garcia is calling for an end to Colorado’s Taxpayer Bill of Rights, commonly known as TABOR. “I will say unequivocally that TABOR...
Casey Westfield School Board.1

Casey-Westfield Schools Showcase Student Success in Academics, Athletics, and Arts

Casey-Westfield School Board Meeting | October 20, 2025 Article Summary: Administrators from Monroe Elementary and the Jr./Sr. High School presented reports highlighting a wide range of student achievements, from state-level...
Monroe celebrating homecoming.2

A Week of Warrior Pride: Homecoming at Monroe Elementary

School spirit was at an all-time high as Monroe Elementary students dove into a fun and festive homecoming week. The school’s youngest learners were made a special part of the...
Americans on Social Security will see 2.8% benefits boost next year

Americans on Social Security will see 2.8% benefits boost next year

By Thérèse BoudreauxThe Center Square More than 70 million Americans receiving Social Security benefits will see a 2.8% cost-of-living adjustment beginning Jan. 2026. The Social Security Administration made the announcement...
Better-than-expected inflation report generates cut predictions

Better-than-expected inflation report generates cut predictions

By Morgan SweeneyThe Center Square Investors are predicting another rate cut at the Federal Reserve’s meeting next week after a better-than-expected inflation report Friday, while stocks reached new highs. Inflation...
Op-Ed: 340B needs transparency to fulfill Its mission

Op-Ed: 340B needs transparency to fulfill Its mission

By TaLana Hughes | Sickle Cell Disease Association of IllinoisThe Center Square For the 5,000 people in Illinois living with sickle cell disease, access to affordable medical care and life-saving...
India’s Reliance says it will abide with sanctions on Russian oil purchases

India’s Reliance says it will abide with sanctions on Russian oil purchases

By Alton WallaceThe Center Square Indian conglomerate Reliance Industries said Friday it will adjust its refining operations to abide with U.S. and European sanctions on purchases of Russian crude oil....