After the payment company said it would not reach financial forecasts set by its former boss, Democrats on the Senate Finance Committee are now demanding for information related to Frank Bisignano, a Trump administration official who was formerly Chairman and CEO of Fiserv (FI), Ken Thomas of The Wall Street Journal reports. The lawmakers are seeking information from Fiserv related to Bisignano’s role in the financial forecasts, his initiatives in the company, and any internal reviews related to the guidance. Bisignano was selected by President Trump to lead the Social Security Administration in January and was more recently chosen to run the Internal Revenue Service.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FI:
