Frank Bisignano, a longtime Wall Street executive and former chairman and CEO of Fiserv Inc., was sworn in as the new Commissioner of Social Security on May 7, 2025. He takes the helm at a time of significant upheaval within the Social Security Administration (SSA), which last year disbursed over $1.5 trillion in benefits to more than 72 million beneficiaries.
Bisignano was nominated in January by President Donald Trump and confirmed by the Senate in a 53-47 vote on May 6, largely along party lines. His term will run through January 19, 2031.
He succeeds Martin O’Malley, who resigned on November 29, 2024. In the interim, the agency was led by Leland Dudek, following the brief and controversial tenure of Michelle King.
Bisignano assumes leadership amid sweeping organizational changes driven by the Department of Government Efficiency (DOGE). These reforms include mass layoffs, regional office closures, and program reductions.
As Commissioner, he will oversee the administration of retirement, disability, and supplemental income programs.
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