Frank Bisignano, the Commissioner of the Social Security Administration (SSA), will also serve as chief executive officer of the Internal Revenue Service (IRS), a newly created position, the U.S. Department of the Treasury announced on Monday.

Bisignano will report directly to Scott Bessent, the U.S. Secretary of the Treasury and Acting Commissioner of the IRS. As CEO, he will be responsible for managing the IRS’s day-to-day operations while continuing to lead the SSA. The two agencies share similar technological and customer service goals, according to the Treasury.

“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 in a statement. 

Bisignano, a longtime financial executive, previously served as chairman and CEO of financial services and payments company Fiserv. Before that, he was co-chief operating officer and CEO of the mortgage banking unit at JPMorgan Chase.

Bisignano is the latest Trump administration official to oversee multiple federal agencies.

Under the Trump administration, an IRS rule change required that workers earning more than $145,000 make 401(k) catch-up contributions to Roth 401(k) accounts — meaning taxes are paid upfront rather than at retirement. The rule generally applies beginning in 2027, though some plans may adopt it earlier.

Meanwhile, the SSA recently discontinued paper check payments as of September 30, affecting roughly 500,000 beneficiaries. Paper checks are 16 times more likely to be lost or stolen than electronic payments and cost the government more per transaction, the SSA claims.

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