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Trump nominates finance CEO Frank Bisignano to lead Social Security Administration


  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. nano-to-lead-social-security-administration.html
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  WASHINGTON - President-elect Donald Trump said he's nominating financial services CEO Frank Bisignano to serve as commissioner of the Social Security Administration.

The article from USA Today discusses former President Donald Trump's meeting with Frank Bisignano, the CEO of Fiserv, a financial technology company, to discuss potential reforms to Social Security. Trump has been exploring ways to address the program's long-term financial stability, which includes considering privatization or changes to the retirement age. During the meeting, Bisignano, who has experience in financial services, reportedly shared insights on how technology could streamline and possibly privatize aspects of Social Security. This comes at a time when Trump has been vocal about his desire to "save" Social Security, though his proposals have met with criticism from both sides of the political spectrum. Democrats argue that privatization could risk benefits, while some Republicans are wary of any changes that might be perceived as cuts to the program. The discussion reflects Trump's ongoing interest in reshaping major entitlement programs, a topic that has been contentious in his previous and potential future administrations.

Read the Full USA Today Article at:
[ https://www.usatoday.com/story/news/politics/elections/2024/12/05/trump-frank-bisignano-social-security/76793052007/ ]

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