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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)

Treasury pushing for ‘robust’ use of AI in banking, but in a ‘gradual’ way

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…
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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)

IRS ramps up AI use amid staff cuts, Treasury inventory shows

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”…
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