Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs in the Dirksen Senate Office Building on Feb. 5, 2026 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)
Secretary Scott Bessent said there’s still “a great amount of learning to do” on AI during a pair of Hill appearances this week about FSOC’s annual report…
Sen. Ron Wyden, D-Ore., speaks to reporters following a Senate Democratic policy luncheon at the U.S. Capitol on Dec. 9, 2025 in Washington, D.C. (Photo by Heather Diehl/Getty Images)
A letter led by Sen. Ron Wyden, D-Ore., hammers Treasury’s “refusal to answer basic questions” about the pact and requests responses from Scott Bessent by Feb. 16.
The front doors of the Internal Revenue Service building are seen in Washington, D.C., on May 18, 2025. (Photo by Wesley Lapointe/For The Washington Post via Getty Images)
The tax agency accounts for nearly half of Treasury’s AI use cases, with a heavy focus on IT and some fraud-fighting tech, but no results for “collections”…
Treasury Secretary Scott Bessent speaks at the 56th World Economic Forum (WEF) Annual Meeting in Davos, Switzerland on Jan. 20, 2026. (Photo by Harun Ozalp/Anadolu via Getty Images)
The consulting firm said it was “surprised” by Monday’s announcement after it “fully” supported the government in its investigation into Charles Littlejohn.
Rep. Gwen Moore, D-Wis., speaks at a press conference at the U.S. Capitol Building on Dec. 14, 2021, in Washington, D.C. (Photo by Anna Moneymaker/Getty Images)
Eleven House Ways & Means lawmakers want Treasury Secretary Scott Bessent to address questions about the tax agency’s use of AI on antiquated COBOL code.
Social Security Administration Commissioner Frank Bisignano speaks as President Donald Trump looks on prior to signing a presidential proclamation in Washington, D.C., on Aug. 14, 2025. (Mandel NGAN/AFP via Getty Images)
The Social Security Administration commissioner will keep his current position and step into the newly created role overseeing day-to-day operations at the embattled tax agency.
A cutout of President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian in Las Vegas on May 27, 2025. (Photo by IAN MAULE/AFP via Getty Images)
Treasury Secretary Scott Bessent speaks before a Senate Finance Committee hearing on Capitol Hill on June 12, 2025 in Washington, D.C. (Photo by Andrew Harnik/Getty Images)
A letter led by Rep. Gerry Connolly asks Treasury’s OIG to investigate DOGE’s data and IT modernization work at the tax agency following a reported API sprint…
Treasury Secretary Scott Bessent testifies before the House Appropriations Committee in the Rayburn House Office Building on May 6, 2025 in Washington, D.C. (Photo by Kayla Bartkowski/Getty Images)
Scott Bessent told House lawmakers that better IT and artificial intelligence will “enhance collections” at the tax agency, which has shed 11% of its workforce during this…