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NEW HEAD OF SOCIAL SECURITY

 

On December 5, 2024 President-Elect Donald Trump announced that he intends to nominate Frank Bisignano, the Chairman, President, and CEO of Fisery, Inc., as the next Commissioner of the Social Security Administration. Former commissioner Patrick O'Connor resigned on 11/30/24.

In his statement, President-Elect Trump described Mr. Bisignano as "a business leader with a tremendous track record of transforming large corporations," adding that his leadership will be pivotal in delivering on the SSA's commitments to the American people. Mr. Bisignano has spent the majority of his career in financial services. Before leading Fisery, he served as CEO of First Date Corporation and held key executive roles at JP Morgan Chase and Citigroup.

The income Trump administration must submit the nomination to the US Senate for confirmation, where Mr. Bisignano will need a majority vote to secure the role. If confirmed, he will serve a six-term term as head of Social Security.

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