It’s all a smokescreen. AI deployment in the Treasury will not work if the agency doesn’t address the root causes of its inefficiencies.
Treasury CIO pulled from AI work after upsetting West Wing — POLITICO
Sam Corcos was informed over the summer he could no longer work on the secretary’s AI policy after warning industry about the White House’s approach.
apple.news
Donald Trump canceled a program that let you file your taxes directly with the IRS for free. Why? I have a theory.
In the midst of the tariff wars, the fluid nature of supply pipelines are replacing supply chains. But who’s benefiting?
‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse — FORTUNE
August 14, 2026, 3:33 PM ET Trade experts say the Trump administration's tariff policy has incentivized the practice of tariff evasion and fraud. President Donald Trump’s onslaught of tariffs was init...
apple.news
The State has declared a state of emergency. What’s taking FEMA so long?
Opinion | Two weeks. No power. Gary, Indiana, failed Black citizens. | Opinion — USA TODAY
As data centers overload grids across the country, power outages like the ones we're seeing now in Gary and Memphis will only become more frequent.
apple.news
The National Debt Hits $40 Trillion. What Does That Mean? This historic milestone drives up borrowing costs for everyday consumers, crowds out vital public investments, increases the risk of higher future taxes, and places heavy structural pressure on the broader American economy. There’s more.
7 questions about the national debt hitting $40 trillion
There is a lot to unpack about the national debt. Here's a starter guide to what's happening with the national debt right now.
pbs.org
What happened to Jason Arday is indicative of what happens when the education institutions harbor racist ideology. In blog posts, the accuser said that, in a meritocracy: “Blacks would disappear from almost all high-profile positions outside of sports and entertainment.”
Academic who accused Jason Arday of plagiarism suspended by his university — Guardian US
Researcher Nathan Cofnas previously claimed Black people would hold few high-profile positions in a meritocracy
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$40 Trillion in debt and the great Bond Market sell-off. Are they related?
NPR@npr.org · 2mo agoMany people don't pay attention to bond markets, but they should — especially now. This is why they matter and why the drop in bond prices is signaling investor concerns about the U.S. economy. n.pr/4ztpJpq
The BLS projects about 124,200 openings for accountants and auditors per year average, between 2024-2034, alongside employment growth of 5 percent over the decade. New workers will replace those retiring or moving into other occupations. How do we prepare the next generation for these jobs?
Accounting belongs in K-12 STEM education — The Hill
Bipartisan congressional efforts like the Accounting STEM Pursuit Act aim to address the national accountant shortage by expanding federal grant eligibility to include accounting education.
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The Ebola outbreak in the eastern Democratic Republic of the Congo (DRC) – the fastest-growing on record and on track to become the deadliest – is killing one person every 30 minutes. news.un.org/en/story/202...
‘Ebola is winning’: Epidemic now killing one person every 30 minutes
The Ebola outbreak in the eastern Democratic Republic of the Congo (DRC) – the fastest-growing on record and on track to become the deadliest – is killing one person every 30 minutes.
news.un.org
Inexperienced hiring managers often disqualify candidates because of their lack of knowledge about the intuitive nature of core technology platforms.
A Manager Rejected a Top Candidate Over One Tool. It Backfired Immediately — Inc.
Prioritizing specific software knowledge over proven experience is a costly hiring trap—and it’s costing companies months of lost productivity. Aug 14, 2026 Hiring the right person is hard. Learning t...
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There’s the war and then there’s the war within. Our troops often face mental health crises coupled with unseen and unspoken consequences of war that no one speaks about.
USS Abraham Lincoln sailors tried to jump overboard amid extended deployment – reports — Guardian US
Aircraft carrier’s crew in ninth month at sea and has spent record 250 days consecutively without making land
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This is what happens when long-standing government contractors become too comfortable winning bids and use our tax dollars with no oversight nor accountability for failures. And both parties are to blame.
Fiasco in the Factory: Taxpayers Funded a $533 Million Artillery Plant That Made Nothing — ProPublica
General Dynamics opened a Texas factory to churn out artillery shells for Ukraine, but the machines kept breaking. Robot arms smashed into things. Hunks of metal crashed to the floor. There was even a...
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The U.S.Treasury ends beneficial ownership rule reversing measures designed to show the owners of companies and to also show who helped companies register to do business in the United States. www.fincen.gov/news/news-re...
FinCEN.gov
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act. The final rule is effective on its publication in the Federal Register. FinCEN today also announced that it will delete previously reported information by U.S. persons—now exempt from the reporting requirements—from the beneficial ownership information database.
fincen.gov
The CEO of America’s biggest bank says the U.S. could lose its status as the world’s reserve currency in the next 25 years. Jamie Dimon says the dollar’s future depends on America maintaining its economic and military strength. America’s rising debt & fiscal decisions are getting harder to ignore.
For the Great Wealth Transfer, Visa calculated that boomers will pass on $36 trillion of their $93 trillion in wealth, translating to about $515,000 per inheriting household. https://bit.ly/4bGwGJI
Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers | Fortune
The good news for the younger generations is that boomers are already showering some of their money on their heirs.
fortune.com
The US State Department has made permanent a pilot program under which citizens from 50 countries, mainly in Africa, are required to post bonds to apply for a U.S. visa, and it’s raising the cost as well, to as much as $20,000.
US to make visa bond requirements permanent, affecting mostly African countries — The Associated Press
The State Department is making permanent a pilot program under which citizens from 50 countries, mainly in Africa, are required to post bonds to apply for a U.S. visa, and it’s raising the cost as wel...
apple.news
The largest US financial institutions sit on decades old technology. It faces a crisis as its supporting workforce shrinks with no one to replace them.
Why COBOL Powers 90% of Banks, but Its Programmers Are Disappearing – Emerald Book
◆ Emerald Pages ◆ Finance / Technology Why COBOL Powers 90% of Banks, but Its Programmers Are Quietly Disappearing Emerald Book Publication July 30, 2026 7 min read Over 90% of global banks run on COB...
emeraldbook.org
Perhaps the most significant development for AI in education is the ability to predict the job market. Have doubts? Just ask the youths.
Skills for an uncertain future: How youth can navigate a changing job market
Choosing a path for the future has never been easy, but for young people today, such rapid technological change as artificial intelligence (AI) is making it increasingly difficult to predict which ski...
news.un.org
America’s tax collection agency is in trouble. The Agency has a 74% tax processing accuracy rating and an enormous amount of uncollected taxes—mostly attributable to staffing cuts. How are we managing to pay the bills?
IRS chief Frank Bisignano may have misled Congress, Democrats say — CNBC
The IRS alone hemorrhaged more than 31,000 employees as of January in President Trump's government cuts, according to the agency's inspector general.
apple.news
This would be an unprecedented move by the U.S. Congress, impacting territories that have served as strategic locations for the United States for decades.
Congressional Bill Seeks to End Automatic Birthright Citizenship in USVI and Other Territories Beginning in 2027
Legislation introduced in the U.S. House of Representatives would end the automatic statutory recog...
viconsortium.com
Whatever Happened to the Board of Peace?
Trump's Board of Peace is all hat, no cattle, to no one's surprise — The Hill
The Board of Peace, then, is best understood as a paradigmatic example of a grandiose, self-serving, bait-and-switch public relations strategy that wastes time, energy and money, leaves urgent domesti...
apple.news
The Automatic Military Draft. What it means and how it works.
Automatic military draft registration takes effect in December. Here’s how it would work | CNN Politics
Young, eligible men will be automatically registered for the military draft pool starting in December as part of a measure tucked into the annual defense policy bill Congress signed into law late last...
cnn.com
STOP referring to the anti-establishment wave as Democratic socialism: The movement represents voter frustration with the incumbent political status quo, that they feel, isn’t fighting back against the MAGA agenda.
The federal government now wants to control who gets access to AI’ latest enhancements. Corporations say that it would impede their ability to remain competitive.
The U.S. government will decide who gets to use the latest American AI technology
The Trump administration came to power preaching a laissez-faire approach to AI but has lately increased oversight of the industry.
washingtonpost.com
We should all be concerned about this. 32 banks in the Fed's annual stress test remained above minimum capital requirements despite a hypothetical recession generating more than $708 billion in losses.
Federal Reserve says U.S. banks can withstand $708 billion in losses — CNBC
The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
apple.news
After Congress won a lawsuit for a pay raise, what are they going to do about rising costs for the rest of America?
Members of Congress won a battle to increase their pay. The war will go on. — POLITICO
Lawmakers continue to seek to block cost-of-living adjustments even after a federal judge ruled the practice unconstitutional.
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