IRS boss Frank Bisignano has been accused of corporate spying heres what his old employer JPMorgan thinks

Frank Bisignano allegedly spied on colleagues and misused company funds during his stint at JPMorgan Chase more than a decade ago. Those, at least, were the most sensational accusations in a lengthy Wall Street Journal report this week on Donald Trump’s IRS chief, who spent years at the big bank in various senior positions including co-chief operating officer working directly under CEO Jamie Dimon.Given the gravity of the story, I called JPMorgan, which had previously called Bisignano “a trusted adviser for years who we have known for decades and who is distinguished for his grit and determination.We applaud his service to our country both at the Social Security Administration and the IRS.” I then spoke to a senior JPMorgan executive who has firsthand knowledge of these more-than-a-decade-old claims.He said the “bank looked into the allegations of spying and misuse of funds and found no evidence of wrongdoing.”A spokeswoman for the Journal said: “Our reporting is accurate, thoroughly vetted, and backed by multiple knowledgeable sources.

We stand behind the story.”Full disclosure: On The Money is a column in the New York Post, which shares a corporate owner with the Wall Street Journal.Back in the day, your humble correspondent spent years at the Journal reporting on Wall Street.

That’s how I got to know the players involved in this story – from Bisignano to Dimon to Wells Fargo CEO Charles Scharf, who figures prominently in it – and also the president himself when he was a real estate mogul and reality TV star.In other words, I have no horse in this race other than having to cover something, which if true is a pretty big story.Consider, Bisignano now runs both the Internal Revenue Service and the Social Security Administration, which the Journal rightly says “puts him atop of two government organizations that store vast reams of sensitive financial data about every taxpayer.” Bisignano was brought on to apply his Wall Street knowledge ...