WASHINGTON – President-elect Donald Trump said he's nominating financial services CEO Frank Bisignano to serve as commissioner of the Social Security Administration.
“Frank is a business leader, with a tremendous track record of transforming large corporations,” Trump said in a social media post Wednesday evening. “He will be responsible to deliver on the Agency’s commitment to the American People for generations to come!”
Bisignano currently leads the financial services and payments giant Fiserv, one of the largest financial software companies in the country.
He’s previously held executive leadership positions at major banks including JP Morgan Chase and Citigroup.
If confirmed by the Senate to lead the Social Security Administration, Bisignano will face the monumental task of protecting the program's future. According to a government report, the Social Security trust fund could be depleted by 2035.
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Trump nominates finance CEO Frank Bisignano to lead Social Security Administration
- by: Karissa Waddick
- 2024-12-05
- Source:
USA Today
- 12/06/2024
