American Prospect | M Brochstein/SIPA USA/AP
There’s reason to believe that Bisignano is being brought in to finish DOGE’s job, based on his past experience as the CEO of the oligopolist data processing firm Fiserv, the nation’s largest provider of back-office banking services. Crippling Social Security’s ability to serve customers is seen by many as a stalking horse for privatizing parts, if not all, of the system, and companies like Fiserv are waiting in the wings. “Wall Street wants part of the $1.6 trillion that flows through the agency,” said Nancy Altman, a member of Social Security’s advisory board and president of the advocacy group Social Security Works. “There’s money to be made.”
