Social Security chief 'will ensure' agency survives 'the next 90 years, at least'

The new head of the agency responsible for administering Social Security and Medicare said Sunday he plans to make sure the agency survives well into the 2100s.

In a Sunday interview, Social Security Administration Commissioner Frank Bisignano said the Trump administration and lawmakers plan to make major changes focused on cutting waste and fraud with the goal of keeping the trust funds behind Social Security and Medicare solvent.

"We have no intent to break a system that can be improved," Bisignano said during an interview with Maria Bartiromo on Fox News's "Sunday Morning Futures."

"That team will get together, along with Senate and Congress, will ensure that this is here for the next 90 years, at least," he said.

Bisignano was confirmed May 6 by the Senate to lead the Social Security Administration (SSA) after decades on Wall Street as the CEO of Fiserv and other top positions at major U.S. banks.

Senate Democrats staunchly opposed Bisignano's confirmation over fears about the Trump administration's plans for Social Security and Medicare.

President Trump and top administration officials, including Elon Musk, have touted efforts to crack down on what they have called rampant waste, fraud and abuse within the SSA.

Democrats, however, fear the Trump administration will make major cuts to benefits either through Congress or through its control of the agency.

Musk and members of his Department of Government Efficiency team raised alarms earlier this year after taking aim at the federal payment processing system used to move trillions of dollars in federal benefits and spending out to recipients.