AI

Treasury Secretary Janet Yellen said today that artificial intelligence technologies pose “significant risks” to financial markets that include biased decision-making yet also offer “tremendous opportunities” to lower costs and improve access to financial products. […]

Treasury
Treasury

Eric Olson has stepped down as chief information officer (CIO) at the Department of the Treasury, a Treasury spokesperson confirmed to MeriTalk. […]

A new audit report released by the Treasury Department’s Office of Inspector General (OIG) has found deficiencies in the agency’s IT controls related to cash management and federal debt information systems. […]

Originally scheduled as a panel discussion at South by Southwest, three representatives from government agencies shared their work transforming data collections for greater use and benefit. […]

Without a clear governance structure, the implementation of the DATA Act (the Digital Accountability and Transparency Act of 2014) has suffered and new guidance might not be reaching agencies, according to a Government Accountability Office (GAO) report released last week. […]

Federal money spending government

The Treasury Department’s Bureau of Engraving and Printing put out a request for information yesterday seeking information on technology or materials with hidden machine-readable counterfeit deterrent capabilities for future currency. […]

SBA

The Small Business Administration’s (SBA) Office of Inspector General (OIG) found that the agency needs to improve compliance three key pieces of Federal IT Legislation, according to OIG’s semiannual report, released May 25 and covering October 2017 through March 2018. […]

Federal agencies are accepting some harsh criticism being doled out in a new report that says many are failing to fully comply with guidelines designed to protect against wasted IT spending. […]

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