The appointment would mark Frank Bisignano's first foray into government following a career at banks and financial technology companies.
by Erich Wagner
President-elect Donald Trump announced Wednesday that he has chosen financial technology executive Frank Bisignano to serve as commissioner of the Social Security Administration, raising new questions about the future of the beleaguered agency.
“Frank is a business leader, with a tremendous track record of transforming large corporations,” Trump wrote in a post on Truth Social. “He will be responsible to deliver on the agency’s commitment to the American people for generations to come!”
Bisignano is CEO of Wisconsin-based financial technology firm Fiserv and a major Republican donor. He also previously worked at both Citigroup and JPMorgan Chase. Trump has not yet formally nominated Bisignano to the post held until last week by Martin O’Malley and which requires Senate confirmation.