About Frank Bisignano
Frank Bisignano, who serves as Commissioner of the Social Security Administration and CEO of the IRS, appeared before multiple congressional committees in April and June 2026. At a Senate Finance Committee hearing on April 15, he described the 2026 filing season as "the most successful filing season in IRS history," noting that the agency had received more than 134 million individual income tax returns and issued more than 80 million refunds, with 98% sent via direct deposit. He stated that enforcement revenue was up 12%, attributing the increase to technology tools and data analytics, and said the IRS had sent 500,000 letters to underreporting taxpayers, resulting in $250 million in additional collections. Bisignano also said he would "do everything in my power" to support the IRS whistleblower program.
At a June 1 joint subcommittee hearing on Social Security, Bisignano said the agency was "laser focused" on serving the public and had used technology to address processing delays, including clearing a backlog of cases by June 30. He stated that the agency had not added living people to the death master file. In his role as Fiserv CEO, Bisignano said on a May 5 earnings call that the company was "confident in our strategy" and expected 2026 organic revenue growth of 1 to 3%, with merchant solutions growing mid-single digits and financial solutions flat to slightly down. He cited AI and agentic commerce as key areas of development.
Source: AI-verified profile updated from Frank Bisignano's recent appearances.
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✨ AI-enhanced transcript with speaker attribution
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Frank Bisignano0:00
Well, thank you again, Mr. Chairman. Let me start by saying...
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Unknown0:09
Do you believe that billionaires should pay their fair share of Social Security?
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Frank Bisignano0:16
I believe whatever the law is should be upheld.
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Unknown0:20
The pardon the what?
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Frank Bisignano0:22
Whatever the law is should be upheld.
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Unknown0:25
So, if you're Elon Musk and don't pay anything into Social Security, that's okay with you.
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Frank Bisignano0:32
I'm not the dictator of...
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Unknown0:37
So, here we are before the committee and you're telling us how more efficient you are. So, you're more efficient. How are the 5 million Americans, fellow Americans, most of them women, who are getting below poverty level checks from Social Security? Are they able to starve more efficiently? Is that the goal here? That they're able to... that we're able to send them their below poverty level check more efficiently. I guess so. So, that's a great thing. We should all be doing cartwheels and celebrating. How about the 40% of the people who this is the only benefit that they have? So, the only benefit that they have in retirement, you're saying to them, 'Look what we've done for you. We're getting you that check more efficiently. Isn't that wonderful?' Sounds to me more like when you look at everything that's being done and nothing that's being done on behalf of the people that Social Security was meant to serve and props up our whole system of free enterprise and capitalism, we're saying don't worry, we're getting it to you more efficiently. How about we get them something they can live on and sustain themselves on? This is what this committee should be doing. And I would expect from our agencies and I know everything's Joe Biden's fault, etc. But I have to say this. Was Joe Biden wrong to say that we should lift the cap on people making over $400,000? Was that wrong? Mr. Secretary.
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Frank Bisignano2:40
Is that a question?
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Unknown2:41
Yes, it is a question.
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Frank Bisignano2:43
Um, I would say that the fact of the matter is Congress and that would be led by yourself as a ranking member here has a responsibility to decide what they want to work on. The commissioner's job...
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Unknown3:01
That's not what the question was. The question was do you think...
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Frank Bisignano3:03
...a reality.
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Unknown3:04
You're answering the way you want to answer it. I asked the question: do you think we should lift the cap on people making over $400,000? Raise your hand in the audience if you're making over $400,000. Raise your hand on the dais if you're making over $400,000. And yet nobody here in this room is making over $400,000, and yet people are... and yet that Joe Biden, boy that guy, what an awful thing to say that those people, as difficult as this may be, that they're going to have to pay what all of you pay for Social Security. Wow, what an incredible burden he's just placed on people. That Joe Biden, you know that guy who wanted to see people pay their fair share into the most significant insurance program the nation has ever had, so people can live out their lives in dignity instead of living in poverty more efficiently. This hearing should be about focusing on what we need to do for the American people. Everyone on this dais knows that it's been over 55 years since we've enhanced Social Security across the board. And who's going to benefit from that? Where do the people in your district spend the money they receive from Social Security? On average, over $280 million in every congressional district. And oh, wouldn't it be something if that were increased? That would actually allow not only them to live in dignity, but how about helping out every single local business in all of your districts who that money will go directly back to by way of purchasing groceries, pharmaceuticals, paying their rent, their mortgage, putting gas in their car. And instead we're sitting watching and everybody on this dais knows, and I'll keep on saying it, this is about the privatization of Social Security. It's not about helping these people out.
