In a significant agency shakeup, U.S. Treasury Secretary Scott Bessent has announced the appointment of Frank Bisignano, the current Social Security Administration Administrator, as the new Chief Executive Officer of the IRS. This newly created position will see Bisignano take on dual responsibilities, enhancing the leadership structure of the IRS as it aims to strengthen tax services. Bessent, who is expected to continue serving as IRS Commissioner, expressed his pleasure in making this important announcement, marking a pivotal moment for the agency.