Trump Administration Taps Former JPMorgan Executive for Social Security Advisor Role

Former JPMorgan executive Matt Zames has joined the Trump administration as an unpaid advisor to the Social Security agency. Zames will assist Commissioner Frank Bisignano, his former colleague at JPMorgan, in modernizing the agency's operations.

Zames brings decades of operational and risk-management experience from his tenure as chief operating officer at JPMorgan, where he spearheaded technology and cost-cutting projects.

The appointment underscores the administration's focus on overhauling one of the federal government's largest agencies, which processes benefits for millions of Americans.