From Tax Notes:
IRS CEO Frank Bisignano is positioned to lead the tax agency through the next filing season and beyond, according to observers.
After seeing seven different commissioners — including one who underwent a full-length confirmation process — the IRS ended 2025 with a leader whose position didn’t exist two months ago. …
2 comments:
Bisignano is “a serious guy with serious experience,” said Robert Kerr of Kerr Consulting LLC. “I don’t see any reason why, once you’ve got the guy to do the work, who has the skillset to make it happen, why you don’t stand back and let him go.”
The Fiserv news led to a call from Social Security Works President Nancy Altman for Bisignano to immediately “resign or be fired,” before adding that, “Unfortunately, that won’t happen.”
Altman noted in her statement that Bisignano is now also facing a lawsuit from investors, including a police pension fund that lost $1.67 million on a decline in Fiserv shares the statement claimed were due to Bisignano artificially inflating growth numbers.
“When Bisignano joined the Trump administration, he sold all of his Fiserv stock, getting a big tax break in the process. That sale saved him $300 million (and counting) in stock value,” Altman continued. “Did Bisignano know that Fiserv’s stock was about to tank, and ask his friend Donald Trump for a life raft?”
I agree that it’s a lot to ask of one man. But this is a Fortune 100 CEO we’re talking here. Look at his career. He handled 9/11, he can handle this [cleared for release]
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