Matt Zames Appointed Unpaid Adviser to Social Security Administration

1-Minute Brief

This appointment brings private sector expertise to the Social Security Administration's modernization efforts.

Key Facts

• Matt Zames, a former JPMorgan Chase executive, has been appointed as an unpaid adviser to the Social Security Administration.
• Zames will be working with Frank Bisignano, another former JPMorgan colleague, on SSA modernization.
• The position is unpaid, according to both CNBC and MarketWatch.
• The appointment was reported by both CNBC and MarketWatch within the past day.
• CNBC reports that Zames was tapped by the Trump administration for this advisory role.

What Happened

Matt Zames, previously an executive at JPMorgan Chase, has been named an unpaid adviser to the Social Security Administration. He will assist Frank Bisignano in efforts to modernize the agency.

Why It Matters

Bringing in private sector leaders like Zames is seen as an effort to apply business and technology experience to government operations, potentially impacting how the Social Security Administration manages modernization projects.

What's Next

Observers will watch for specific modernization initiatives or changes at the SSA resulting from Zames's advisory role. No timeline for these efforts was provided in the reports.