Social Security nominee tells senators ‘I’ve never thought about privatizing’

Published March 25, 2025 3:58pm ET



President Donald Trump’s nominee to lead the Social Security Administration vowed that he would not seek to privatize the program during his confirmation hearing before a key Senate panel on Tuesday. 

Frank Bisignano, chief executive of financial technology company Fiserv, said he’d “never thought about privatizing” in an exchange with Sen. Sheldon Whitehouse (D-RI).

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