US Politics
The Bisignano Mandate: Consolidating Power and Politicizing the Treasury
The U.S. Treasury has appointed Frank Bisignano, a former private sector CEO, to oversee the significant expansion of the Trump Accounts, a tax-advantaged savings program. This consolidation of power over a major government initiative in the hands of a political appointee, while retaining his other substantial roles, raises serious concerns about institutional integrity, accountability, and the long-term politicization of core financial services.