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

Extension of pension buyout program to drop $144B liability

Extension of pension buyout program to drop $144B liability

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly passed legislation extending a program that allows retiring state employees to be paid...
Man pleads guilty in killings of Minnesota House speaker, husband

Man pleads guilty in killings of Minnesota House speaker, husband

By Elyse ApelThe Center Square A Minnesota man has pleaded guilty to killing Minnesota House Speaker Emerita Melissa Hortman and her husband, Mark. Vance Boelter appeared in federal court Thursday...
Fraud, price gauging, terrorism concerns plague World Cup debut in US

Fraud, price gauging, terrorism concerns plague World Cup debut in US

By Bethany BlankleyThe Center Square With the largest World Cup sporting event taking place in history in the United States, the Fédération Internationale de Football Association (FIFA) is already under...
Trump cancels impending strikes on Iran, final deal pending

Trump cancels impending strikes on Iran, final deal pending

By Sarah Roderick-FitchThe Center Square Strikes planned against Iran for Thursday evening have been canceled by President Donald Trump, citing a deal with the Islamic Republic close to being finalized....
FBI arrests eight accused of 'terrorizing' U-M leaders, Jewish Federation

FBI arrests eight accused of ‘terrorizing’ U-M leaders, Jewish Federation

By Elyse ApelThe Center Square Federal authorities have arrested eight people connected to the University of Michigan after a federal grand jury indicted them for threatening university officials, businesses and...
Colorado's only ICE detention center operator sues state

Colorado’s only ICE detention center operator sues state

By Zachery SchmidtThe Center Square Colorado’s new law allowing for more inspections at immigration detention centers is being challenged by a company that runs the state’s lone facility. The GEO...
U.S. House fails to renew spy powers authority as World Cup begins

U.S. House fails to renew spy powers authority as World Cup begins

By Thérèse BoudreauxThe Center Square A U.S. House vote to extend the federal government’s authority to conduct mass electronic surveillance failed Thursday. The three-week extension of Section 702 of the...
House panel opposes adding U.S. Supreme Court justices

House panel opposes adding U.S. Supreme Court justices

By Zachery SchmidtThe Center Square The U.S. House Committee on the Judiciary recently passed an Arizona congressman's resolution to keep the number of Supreme Court justices at nine. H.J. Res....
Schools face bus funding, cost challenges

Schools face bus funding, cost challenges

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Public schools are facing bus transportation challenges due to higher costs and a shortage of drivers. State...
Ohio pulls 1,200 commercial truck licenses for immigration guidelines

Ohio pulls 1,200 commercial truck licenses for immigration guidelines

By David BeasleyThe Center Square The state of Ohio is downgrading the commercial driver’s license of 1,200 foreign-born truck drivers for failing to meet new federal requirements on documenting proof...
First fugitive on FBI's 'Most Wanted Fraudsters' list surrenders in Minneapolis

First fugitive on FBI’s ‘Most Wanted Fraudsters’ list surrenders in Minneapolis

By Elyse ApelThe Center Square Federal authorities announced the first arrest from the FBI’s newly-launched “Most Wanted Fraudsters” list was made in Minneapolis. Said Abdullahi Ereg, who was indicted in...
Pentagon on lockdown due to 'hazardous materials incident'

Pentagon on lockdown due to ‘hazardous materials incident’

By Sarah Roderick-FitchThe Center Square The Pentagon is on lockdown, with hazmat on site after air-quality issues were detected, possibly hazardous material found inside the heart of America’s defense industry....
Survey: Parents value life skills, support for school choice

Survey: Parents value life skills, support for school choice

By Esther WickhamThe Center Square Americans and parents continue to value career readiness and life skills for their children and continue to support Education Savings Accounts for school choice, according...
‘Family Month’ backer cites biology, declining birth rates in defense of resolution

‘Family Month’ backer cites biology, declining birth rates in defense of resolution

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois Family Institute Executive Director David Smith is praising a proposal from U.S. Rep. Mary Miller...
Supreme Court affirms Washington venue in falsification trial

Supreme Court affirms Washington venue in falsification trial

By Andrew RiceThe Center Square The U.S. Supreme Court, in a unanimous decision on Thursday, ruled that an individual charged with falsification of a document, must be tried in the...