Chuan Beisente will continue to serve as the Commissioner of the IRS, while Bixinianuo is expected to take on the newly established CEO position
U.S. Treasury Secretary Scott Bansen will continue to serve as the Commissioner of the Internal Revenue Service (IRS) and plans to appoint Frank Bisignano as his deputy while establishing a new CEO position. Bisignano, currently the Commissioner of the Social Security Administration, will be responsible for the daily operations of the IRS. His professional background includes serving as President of Fiserv and CEO of First Data. Bansen is also responsible for finding a successor to Federal Reserve Chairman Jerome Powell, with a shortlist of candidates expected to be narrowed down this week
According to informed sources, Scott Bessent, the U.S. Secretary of the Treasury, will remain in his position as the Commissioner of the Internal Revenue Service (IRS) and plans to appoint Frank Bisignano as his deputy, while also establishing a new CEO position for him to take on.
This personnel arrangement extends Bessent's tenure as IRS Commissioner since he took office in August 2025—prior to this, President Donald Trump dismissed Billy Long just two months after his confirmation, which sparked widespread concerns about the politicization of the IRS. Long was subsequently nominated to serve as the U.S. Ambassador to Iceland.
According to insiders, although Bessent's appointment was supposed to be a transitional arrangement, Trump has decided to allow him to continue leading the IRS. Bisignano currently serves as the Commissioner of the Social Security Administration, and his new role will be fully responsible for overseeing the IRS's daily operations while continuing to serve as the Commissioner of the Social Security Administration.
Notably, Bisignano's career spans the fields of finance and payment technology: he previously served as President and CEO of Fiserv, the world's largest financial services and payment technology company, and led the merger between Fiserv and First Data in 2019 during his tenure as CEO of First Data. He has also held several senior positions at JPMorgan Chase, including Co-CEO of the Mortgage Banking Division, and has held various senior roles at Citigroup.
It is reported that both Bessent and Bisignano will hold dual roles in the government for the long term. In addition to their responsibilities at the Treasury and the IRS, Bessent is also leading the search for a potential successor to Federal Reserve Chairman Jerome Powell, whose term will expire in May 2026. Bessent recently revealed that approximately 11 candidates have been interviewed, and it is expected that the candidate list will be narrowed down as early as this week, with three to five final candidates to be submitted to Trump
