Folding IRS Director General and appointed Frank Vignano as new CEO

Treasury Secretary Scott Bescent is scheduled to remain in the position of Internal Revenue Commissioner. The agency will also announce a new deputy chief at a later date.

Bescent began his IRS duties in August after Billy Long was removed from his position by President Donald Trump just two months after it was approved. Mr. Long was later appointed US ambassador to Iceland.

IRS appointed Frank Vignano as CEO

Today, @SecScottBessent announced that @SocialSecurity Commissioner Frank Bisignano will become CEO of @IRSNews. In this newly created position, Mr. Vignano will report directly to Acting Secretary Bescent, manage the organization and oversee everything.

— Ministry of Finance (@USTreasury) October 6, 2025

There has never been a scenario in which the former Treasury Secretary will lead tax collection operations, raising questions about the Ministry of Finance’s politicization. CNBC Reported Sources familiar with the issue said that Becent’s situation should be temporary and that President Trump wants Becent to maintain control of the agency.

Bescent It was announced On Monday, the IRS announced that Social Security Secretary Frank Vignano has appointed the agency’s CEO.

Mr. Vignano reports directly to Mr. Bescent, manages the organization and oversees all day-to-day operations of the IRS. The new IRS CEO will also maintain his role as Director of Social Security.

he Previously he was chairman and CEO of Fiserv, the world’s largest financial services and payments technology company. He also served as Co-Chief Operating Officer and CEO of JP Morgan Chase’s Mortgage Operations. The executive also held positions at Citigroup, serving as Chief Management Officer and CEO of the company’s Global Transaction Services division.

“Under his leadership in SSA, he has already made significant and substantial progress and is pleased that he brings this expertise to the IRS as he strengthens his focus on collection, privacy and customer service to provide better results for hard-working Americans.”

–Scott BettingUS Treasury Secretary

Bescent is also working to find a replacement for Federal Reserve Chairman Jerome Powell, who will expire in May 2026. He previously said that 11 candidates have already been interviewed, and that the central bank plans to cut its membership later this week. Bescent also revealed that a group of three to five candidates will be supported by Trump.

The IRS warns that workers could turn off work during government closures

Despite the new appointments, the IRS warned that there could be: Launch some employees If the current governmental closure continues for more than five business days. The agency announced it plans to furlough approximately 35,000 employees.

If lawmakers fail to put together a government-funded agreement by mid-week, the IRS would leave around 40,000 of the roughly 75,000 staff members. Bloomberg Tax Reported The agency will continue to work with staff to continue working on filing season activities, enforce laws, and modernize IT.

The IRS announced similar emergency response plans during the closure of government agencies in 2018 and 2019, in which the agency called for 46,000 of its 80,000 employees to continue working. The agency previously planned to use funds from the 2022 Tax and Climate Act to carry out normal operations for the first five days.

The IRS continues to work towards implementing President Donald Trump’s trillion dollar tax and expenditure policy, following the October 15 tax return deadline for individuals and businesses. The American Association of Certified Public Accountants has asked the agency to maintain all staff during the closure period.

Earlier Friday, Melanie Lauridsen, vice president of tax policy and advocacy, said that taxpayers, corporate corporations and tax advisors are already working to meet the deadline for filing tax returns, which is already stressful. She insisted: It has been extended If IRS personnel are not fully secured, the government closures and filing deadlines will add to the fears.