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IRS Chief Once Spied on His Fellow Bank Execs
Newser • • business
Key Points:
- The Wall Street Journal reports that Frank Bisignano, current head of the IRS and Social Security Administration, allegedly spied on JPMorgan executives over a decade ago by monitoring their emails and internal communications.
- The investigation claims Bisignano used his security authority to control employees and undermine rivals as he expanded his responsibilities at JPMorgan.
- Bisignano's attorney denies the allegations, stating he never authorized surveillance or reviewed employee communications while at the bank.
- Internal complaints about Bisignano's management reportedly damaged CEO Jamie Dimon's trust, leading to Bisignano's departure in 2013, despite Dimon's public praise of him.
- A forensic review by JPMorgan's legal team allegedly found digital evidence of spying, resulting in tighter security controls, and the story is causing unease in political circles connected to former President Trump.
