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Former Social Security Executive Pitched S&P-Linked Treasury Plan To Extend Fund Solvency — Here's What Happened To It
Monday, July 7, 2025 - 5:59am | 495A former top executive at the Social Security Administration quietly floated an idea to park part of the program's $2.7 trillion trust fund in a short-term Treasury note that would automatically convert into an S&P 500 index basket at maturity, but the proposal never really saw the light of day...
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Frank Bisignano Had To Google Social Security When He First Got A Call For The Job: 'What The Heck's The Commissioner…'
Friday, May 23, 2025 - 1:39am | 513Newly installed Social Security Commissioner Frank Bisignano told more than 500 field-office managers this week that he was not “looking for a job” and had to "Google” Social Security before accepting the post offered to him by the Trump administration. What Happened: According to...
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Trump's SSA Head Frank Bisignano Granted Tax Break On $484M Stock Sale As He Takes Over Struggling Agency Facing Cuts And Scrutiny
Tuesday, May 20, 2025 - 3:11am | 384Recent ethics filings indicate that Frank Bisignano, confirmed as head of the Social Security Administration (SSA), has been granted a major tax deferral on hundreds of millions in stock holdings. What Happened: Bisignano, ex-CEO of Fiserv and among Wall Street's most highly paid executives, is...
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Musk's DOGE Vs. SSA: Trump's Nominee Frank Bisignano Tackles Social Security Crisis Amid Privatization Debate
Tuesday, March 25, 2025 - 4:29pm | 675President Donald Trump‘s nominee to run the Social Security Administration, Frank Bisignano, was questioned during a Tuesday Senate hearing about customer service improvements, erroneous payments and the potential privatization of the agency. Bisignano previously served as CEO of...
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Why Fiserv Shares Are Falling Today
Tuesday, February 8, 2022 - 10:13am | 248Fiserv Inc (NASDAQ: FISV) is trading lower Tuesday morning despite announcing better-than-expected fourth-quarter financial results. Fiserv reported quarterly revenue of $4.26 billion, which beat the $4.03 billion estimate, representing 11% growth year-over-year. The company...
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Citi: Thoughts on Meeting with Frank Bisignano
Tuesday, February 21, 2012 - 11:05am | 142In a research report published today by Citi, the company has a positive outlook for JP Morgan Chase's (NYSE: JPM) mortgage business, long-term. Citi said in the report, “We met with JPM CAO and Head of Home Lending Frank Bisignano. While Bisignano expressed a neutral outlook on the housing...