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Treasury Department

The south front of the Department of the Treasury headquarters building is framed in the security fence on May 27, 2026, in Washington, D.C. (Photo by J. David Ake/Getty Images)

Treasury planning online system for people to report suspected fraud

An upcoming Federal Register post reveals the department’s plans for fraud.gov, where the public is encouraged to share tips about possible instances of fraud in federal programs.
Treasury Secretary Scott Bessent testifies during a Senate Finance Committee hearing at the Dirksen Senate Office building in Washington, D.C., on June 3, 2026. (Photo by Nathan Posner/Anadolu via Getty Images)

Treasury’s Bessent backs Trump’s AI order, voluntary cyber callout

The secretary told Sen. Mark Warner that the executive order “strikes a very good balance between innovation and safety,” and disputed that the EO was scaled back…
Construction work continues at the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Dec. 30, 2025. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)

Financial regulatory agencies have fallen behind on joint data standards

A new GAO report offers guidance to regulators that could lead to governmentwide data standards after the agencies missed a deadline required by the Financial Data Transparency…
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Treasury Secretary Scott Bessent testifies during a Senate Appropriations Subcommittee on Financial Services and General Government hearing on Capitol Hill in Washington, D.C., on April 22, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Treasury canceled Booz contracts over vetting of IRS leaker, Bessent says

The secretary told senators that Treasury lost “confidence” in Booz years after a contractor shared tax returns with media outlets. That breach took place on government systems,…
IRS CEO Frank Bisignano testifies before the House Ways and Means Committee in the Longworth House Office Building on Capitol Hill on March 4, 2026 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)

IRS chief says agency is engaged in a ‘thorough’ cybersecurity review

Democratic lawmakers pressed Frank Bisignano on the IRS-ICE data-sharing agreement. The CEO said the tax agency is prioritizing risk management and touted its AI work.
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