News Summary

• Frank Bisignano will be responsible for overseeing all day-to-day IRS operations.
• He will report to Treasury Secretary Scott Bessent, who currently serves as acting commissioner of the IRS.
• Never in Social Security’s 90-year history has a commissioner held a second job.
• The move adds another layer to the leadership shuffling that has occurred at the agency since the beginning of Trump's term.
• It is unclear whether the newly created role at the IRS will require Senate confirmation.