According to the Hill, “The White House is funding efforts to wipe out the password as the primary security code used to access sensitive data online.” It is certainly true that passwords are a very weak form of security, although the primary culprit is poor passwords.
However, there is something very creepyas in creeping government intrusion in our livesabout the federal governments involvement in this.
Update: Just remembered that XKCD had something to say about passwords (of course).