"The intrigue: Bessent is the IRS's seventh commissioner this year. The Senate did approve auctioneer and former U.S. congressman Billy Long for the role in June, but he was ousted after only a few months in the job by the Trump administration. In February, Bessent announced chief operating officer Melanie Krause would take over the post - but she resigned in April on the heels of a deal to share taxpayer data with immigration authorities. Two other acting heads filled the role before Long. With the Social Security agency and IRS now run by the same person, data sharing could presumably be more streamlined."
"Zoom in: In the message, Bisignano touted his history of "overseeing multiple mission-critical organizations at the same time." He noted holding dual roles in private sector jobs. While at JPMorgan Chase in the 2000's, Bisignano was co-chief operating officer and served as the CEO of its mortgage banking unit. "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 press release Monday, noting that the agencies share "customer service and technological goals.""
The Treasury Secretary has assumed the acting Social Security and IRS commissioner roles, allowing Bisignano to serve without immediate Senate confirmation. The IRS has seen rapid leadership turnover this year, including the brief tenure of Billy Long and the resignation of COO Melanie Krause after a taxpayer-data sharing deal with immigration authorities; multiple acting heads served in between. Bisignano emphasized experience overseeing multiple mission-critical organizations and prior dual roles in the private sector. With both agencies led by the same official, data sharing could become more streamlined. Implementation of new tax provisions from the One Big Beautiful Bill Act is at risk, per the inspector general.
Read at Axios
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