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Treasury blocks Chinese‑sponsored AI on state devices, seeks cyber funds and says crypto investments remain off the table

2511252 · February 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Treasury told the committee it has banned certain China‑sponsored AI apps (DeepSeek) and TikTok on Treasury devices, reported 200 million firewall attempts last year and requested an additional $200,000 for cyber operations; the office said it is not prepared to invest state funds directly in cryptocurrency.

Treasury officials told the committee they have blocked DeepSeek and TikTok on Treasury‑issued devices and that the department is prioritizing cybersecurity work as attacks and illicit targeting rise.

"DeepSeek and other platforms like TikTok... because they're sponsored by the CCP, they pose a significant security risk," Treasurer Garrity said, noting that an AI tool that can ingest data presents a higher threat profile.…

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