URGENT: IRS Names New CEO Amid Shakeup, Social Security Administrator Takes Helm.

BREAKING NEWS: IRS Names New CEO Amid Shakeup, Social Security Administrator Takes Helm Frank Bisignano, Commissioner of the Social Security Administration, has been named to the newly created position of CEO of the Internal Revenue Service (IRS), effective immediately. This move comes as a surprise shakeup at the Treasury Department. Bisignano will report directly to Treasury Secretary Scott Bessent, who is currently serving as acting commissioner of the IRS. The exact terms and requirements for Bisignano's new role are unclear, including whether Senate confirmation is necessary. As CEO of the IRS, Bisignano will oversee all day-to-day operations while continuing to serve in his current role at the Social Security Administration. This dual responsibility raises questions about how he will balance his duties between two major federal agencies. The Treasury Department has not provided further details on the reasoning behind this appointment or what it means for the future of the IRS. This is a developing story, and we will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Npr.*