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Treasury Department

Democratic Sens. Ron Wyden of Oregon and Elizabeth Warren of Massachusetts speak during a news conference at the U.S. Capitol on April 1, 2025, in Washington, D.C. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Treasury, IRS use of third-party ID verification under fire from top Senate Finance, Banking Dems

Sens. Ron Wyden and Elizabeth Warren took issue with Treasury and IRS’s use of ID.me following an OMB directive to make Login.gov the government’s universal sign-on system.
Rep. Marlin Stutzman, R-Ind., attends a House Financial Services Committee hearing on May 7, 2025. (Bill Clark/CQ-Roll Call, Inc via Getty Images)

House passes bill to give financial agencies a technology boost

The FUTURES Act aims to close “talent gaps, procurement barriers, or technological blind spots” at the federal financial regulators, the bill’s Republican co-sponsor says.
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Treasury Secretary Scott Bessent testifies during a House Financial Services Committee hearing in the Rayburn House Office Building on Capitol Hill on Sept.15, 2026 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)

Treasury’s Scott Bessent says no liability exemptions for AI labs

The secretary told House Financial Services Committee lawmakers that the “best way to guarantee safety” is for AI creators to be held “liable for what they build…
LONDON, ENGLAND – AUGUST 10: In this photo illustration, a man is seen using a mobile phone in the light of a projection of a thumbprint on August 09, 2017 in London, England. With so many areas of modern life requiring identity verification, online security remains a constant concern, especially following the recent spate of global hacks. (Photo by Leon Neal/Getty Images)

Login-dot-gov explores more device fingerprinting to combat fraud, AI agents and bots

The General Services Administration is conducting market research to boost its fraud protection and bot detection as fraud attempts grow in “sophistication and volume.”
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