Wall Street Can’t Run Social Security

Frank Bisignano, Donald Trump’s Social Security Commissioner, is also serving as CEO of the Internal Revenue Service. He stepped into these dual roles just days after leaving Fiserv, the financial-technology company he led into crisis.

As reported by Common Dreams and Bloomberg, Bisignano left Fiserv amid growing internal turmoil. MarketWatch detailed how the company’s stock plummeted due to his leadership decisions, while The New York Times noted that his personal fortune soared even as workers and shareholders were left behind.

Now, the same executive who ran a Wall Street firm in freefall has been handed control of two of the most powerful agencies in government. The Social Security Administration and the IRS manage the personal and financial data of nearly every American. Giving one man authority over both is an unprecedented consolidation of power that threatens data privacy, accountability, and public trust.

Bisignano’s appointment represents exactly what Americans have fought to keep out of Social Security: corporate influence and insider politics. The revolving door between Wall Street and government should never extend to the agencies responsible for retirement security and tax collection.

Add your name now to demand that Frank Bisignano resign immediately as Social Security Commissioner and IRS CEO.

We must act before this conflict of interest becomes the new normal. Social Security belongs to the people—not Wall Street.