Social Security nominee: Frank Bisignano, the Wall Street veteran being considered to lead the Social Security Administration, offered a “guarantee” to senators at a confirmation hearing that he would not seek to privatize the program. “I’ve never thought about privatizing,” he said under questioning by the Senate Finance Committee. He’s also faced questions about job cuts and policy changes by Elon Musk’s Department of Government Efficiency that have raised fears that Americans could face challenges receiving benefits.
The hearing for Frank Bisignano, the nominee to oversee the Social Security Administration, is winding down. Democrats have continued to raise concerns that DOGE is meddling in the agency, as well as fears that the Trump administration is intent on dismantling it altogether. “I don’t think I have heard anything today that would change my mind,” said Senator Tina Smith, Democrat of Minnesota, “You recently said on CNBC that you are fundamentally a DOGE person, and I take you at your word.”
In the confirmation hearing for the Social Security commissioner, several senators, in both parties, have been questioning DOGE’s role at the agency. Few people inside the agency would dispute that it needs to become more efficient. But what has been left unsaid in the hearing, at least thus far, is the matter of financing. Former executives have said they were deprived of the budget, along with the continuity of leadership, to see many needed changes through.
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