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Treasury Dept Inspector General Office Adds COVID-19 Responsibilities to List of Challenges

1 min read
Treasury Department
Treasury Department

The Department of the Treasury's Office of the Inspector General  has identified COVID-19 as a new challenge affecting the organization's interests as the calendar shifts to 2021. 

A report stated that COVID-19 has challenged the Treasury in terms of remote working and added responsibilities, said Richard Delmar, deputy inspector general at OIG.

Treasury has been supporting efforts and addressing responsibilities mandated by the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The report noted that the department will have to navigate through the pandemic's uncertainty, with potential difficulties in additional workloads.

The department will address the COVID-19 challenges alongside other issues mentioned in the report: operating in an uncertain environment, cyber threats, anti-money laundering, information technology acquisition and project management and efforts to promote spending transparency.

In addition to the challenges posed by COVID-19, the Treasury reported elevated concerns, including the coin redemption program at the United States Mint, managerial cost accounting and internal control matters at the Bureau of Engraving and Printing (BEP).