Treasury Secretary Scott Bessent has appointed Frank Bisignano to be the chief executive officer of the Internal Revenue Service, creating a new position to help run the tax agency

Treasury Secretary Scott Bessent has appointed Frank Bisignano as the new CEO of the Internal Revenue Service, a significant move aimed at enhancing the agency's operations. This new role is crucial as it allows the head of Social Security to also oversee the IRS, ensuring a more streamlined approach to tax administration. With Bessent remaining as the acting IRS commissioner, this leadership structure could lead to improved efficiency and better service for taxpayers, which is essential in today's complex financial landscape.