The Senate Finance Committee has scheduled a hearing at 10:00 on March 25 on the nomination of Frank Bisignano to become Commissioner of Social Security.
The Senate Finance Committee has scheduled a hearing at 10:00 on March 25 on the nomination of Frank Bisignano to become Commissioner of Social Security.
7 comments:
All hail the Great Frank! He will arrive to clean up O’Malley’s mess shortly.
Frank is a corporate raider who lacks the understating of what SSA does. He looks at everything in terms of ROI. He will have a very difficult time adapting and understanding the mission
Frank’s ROI is different from SSAs. His goal is to put money in his pocket and his rich friends. He is looking at converting the SSA T-Bonds to vehicles that can be invested in Wall Street. All Americans should watch this hearing as it affects your, your retirement benefits.
@2:41 all true, but having a confirmed Commissioner should reduce the influence of DOGE within the agency. Dudek has no real power to resist (even if he wanted to).
His motivations for accepting the position are the real question. If he is serious about making SSA more efficient, he is well suited to overhaul SSA IT systems (and maybe even obtain funding to do so). I imagine he would also like to facilitate a trust fund shift towards a partial investment in public markets (not full privatization). I would take that deal in place of DOGE plans for SSA.
My central concern with Frank relates to his piss poor reputation among employees at Fiserv. He implemented an extremely invasive form of big brother software and drove out senior talent. That wont work at SSA, and Frank is probably smart enough to know that -- also worth pointing out these tactics were meant to juice his company stock price. The metrics for success at SSA are much different.
Great! He needs to look at ROI for all these direct deposit changes
Frank has told some at SSA that he has a deep respect for federal employees, as his dad and grandfather were both veterans, and his dad worked for Treasury. Let’s hope that holds true.
I would like to believe he does but ssa employees have been burned and with this administration I don’t believe he will be anything but a ruthless boss. And he is just saying what people want to hear. The reorganization which has taken place is allegedly under his direction
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