Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁
US Launches Two-Year Tech Fellowship to Fix Federal Talent Gap
Key Takeaways
- A new US program links tech experts from firms such as Coinbase, Robinhood, and OpenAI to federal roles for up to 2 years of public service;
- Private companies provide training, while government agencies direct operations to strengthen tech capacity in key departments;
- The initiative aims to attract and retain young tech talent in government, with post-term job fairs supporting future career growth.
A new US government program, introduced on December 15, will connect private-sector technology professionals with public service positions for terms of up to two years.
Companies such as Coinbase
The Office of Personnel Management (OPM) confirmed that these technology workers will be assigned to several departments, including Treasury, Commerce, and the IRS.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
How to Use Crypto? 5 Rewarding Strategies Explained (Animated)
Participating companies will offer initial training, while the government agencies will guide day-to-day operations and assign priorities. This arrangement is designed to provide immediate skill support for key government projects.
Scott Kupor, who leads the OPM, has noted that the government is experiencing difficulty in hiring and retaining staff with the right technical background.
Only about 7% of federal workers are in the first five to seven years of their careers, while that proportion is higher in the private sector.
After participants complete their government assignments, a special job fair is planned to help them take the next step in their careers, whether in government or the private sector.
Kupor stated told CNBC:
What we're really trying to demonstrate is that the work that you can do in government is both challenging, complex, and that if you decide ultimately you want to go into the private sector, that's great, that work is valued.
Meanwhile, the United Kingdom announced plans to bring digital currencies under the same legal framework that governs its financial industry. What does the proposal include? Read the full story.