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IRS chief denies spy claims, gave Trump audit immunity

7/21/2026

38 9 Full Breakdown

Summary

Story summary

IRS chief Frank Bisignano told CNBC on July 21, 2026 that the spying allegations from his JPMorgan tenure are false.
Bisignano said the story relies on anonymous sources, is politically motivated, and that JPMorgan denied the claims.
He signed a settlement that grants U.S. President Donald Trump immunity from certain tax audits, a deal a federal judge criticized.

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Story summary

IRS chief Frank Bisignano told CNBC on July 21, 2026 that the spying allegations from his JPMorgan tenure are false.
Bisignano said the story relies on anonymous sources, is politically motivated, and that JPMorgan denied the claims.
He signed a settlement that grants U.S. President Donald Trump immunity from certain tax audits, a deal a federal judge criticized.