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. […]

The Internal Revenue Service (IRS) is moving towards a “massive transformation” by embarking on an effort to process all tax returns digitally by 2025, agency officials said this week.  […]

Treasury Secretary Janet Yellen mounted a robust defense today of how the Internal Revenue Service (IRS) is already benefiting from an influx of funding from Congress under legislation approved last year, and why the money is necessary for longer-term improvements. […]

Treasury Secretary Janet Yellen sent an August 17 memorandum to Internal Revenue Service (IRS) Commissioner Charles Rettig setting a six-month deadline to produce a plan for the tax agency to overhaul its technology and staffing capabilities. […]

President-elect Joe Biden’s nominees to head the departments of Defense (DoD) and Homeland Security (DHS) are lined up for Senate committee-level confirmation hearings on Jan. 19 – one day before Biden will be inaugurated as the 46th President of the United States. […]