Treasury Department News 
Top News
- DoD to pursue commercial alternative to VA's VistA
- FedRAMP achieves another cloud security milestone
- Obama to nominate Tangherlini as GSA administrator
- PHOTOS: Meet the 2013 Service to America Medal Finalists
- House GOP panel moves on deep budget cuts
- OMB fuels synergy between mobile, open data
- Star witness to stay mum for IRS hearing
- OMB reworking financial system requirements to focus on outcomes, not inputs
- Today, everybody's an Oklahoma Sooner
- Retirement funds temporarily tapped to avoid debt limit default
- VanRoekel to lead OMB management team
- SBA starting new lending program for veterans
- New Apple devices cleared to join DoD IT networks
- Army prioritizes access to data in fight over intelligence IT system
- Bonuses under fire at GSA, other agencies
- Wednesday federal headlines - May 22, 2013
Obama picks Lew for Treasury as fiscal issues loom
For 30 years, Jack Lew has had a hand in some of the biggest economic deals negotiated in Washington. What awaits him if he's confirmed as treasury secretary could far exceed any challenge of the past _ a triple-decked potential crisis that will test his experience the moment he opens his office door on the third floor of the Treasury Building
Obama to tap budget expert Lew to lead Treasury
President Barack Obama will nominate White House chief of staff Jack Lew to be his second-term Secretary of the Treasury, turning to one of Washington's most knowledgeable budget experts to manage prickly fiscal negotiations with Congress and steer the still-shaky national economy.
Pipe bomb explodes in Treasury official's mailbox
Officials are investigating an apparent pipe bomb that destroyed a mailbox at the Virginia home of the Treasury Department's inspector general.
Md. lawmakers say federal facility's move delayed
Members of Maryland's congressional delegation say plans to relocate about 450 jobs from Prince George's County have been delayed until the end of 2019.
Fed minutes show some concerns on bond purchases
The Federal Reserve will keep buying bonds indefinitely to try to keep long-term borrowing costs low. It's just not clear how long indefinitely will be.
US Mint testing new metals to make coins cheaper
When it comes to making coins, the Mint isn't getting its two cents worth. In some cases, it doesn't even get half of that.
IRS struggling to tackle massive surge in identity theft
Faced with declining resources, the Internal Revenue Service has diverted resources from elsewhere inside the agency to try and head off skyrocketing cases of identity theft stemming from tax refunds.
Export-Import Bank gives while other agencies take
Fred Hochberg, the Export-Import Bank president told The Federal Drive with Tom Temin and Emily Kopp that unlike other agencies, his agency has been able to pay money to the government rather than take money from the government.
GSA, Treasury try to breathe new life into SmartBUY
A new request for information asks vendors at answer 10 questions about improving the strategic sourcing of commodity software titles. This is at least the fourth attempt to get more agencies using the enterprise software licensing initiative.
CFOs remain tepid on financial shared services
An exclusive Federal News Radio survey of federal CFOs and deputy CFOs finds 55 percent of the respondents rated spending money more wisely as their top priority. But at the same time, 36 percent rated moving to the Internet Payment Portal or other financial management shared services as their fourth highest priority. CFOs also say they are using data to make better decisions and budget reductions, not sequestration, is their biggest concern.
Data Center Consolidation "Progress & Best Practices"
Listen October 4th@ 12pm
Program will discuss the following: Can we
Keep Momentum in Tough Budget Times, How Does
Cloud Computing & Managed Services Factor in to
Strategy, Other Major Challenges, Do Energy
Savings Factor into Strategy, Security Issuaes
and a Vision for The Future
Planning key to cloud success, agency CIOs say
A number of agencies have made high-profile migrations to cloud platforms and the Obama administration has issued sweeping guidance mandating agencies identify and transition services and applications to host in the cloud. For a look at how agencies are faring in their shifts to the cloud and the issues they continue to face, the Federal Drive with Tom Temin and Emily Kopp hosted a panel discussion, "Clearing the Fog Around Cloud Computing," sponsored by Level 3 Communications.
Federal agencies owe $14 million in unpaid taxes
The $14 million owed to the U.S. treasury comes from money withheld from federal employees' paychecks that was never turned over to the IRS, according to a new audit from the Treasury Inspector General For Tax Administration. The audit also reviewed whether the IRS made recommended changes following a similar audit five years ago.
With $104M whistleblower payout, IRS hoping money talks
Providing awards to whistleblowers is key to bringing would-be informants forward. And a record $104 million after taxes payout to former UBS banker Bradley Birkenfeld serves as a billboard to whistleblowers that the IRS is willing to pay out for information that helps catch tax cheaters.
Few retired feds cash in on dual compensation
Among six federal agencies surveyed, few are using a defense waiver allowing partially retired workers to collect a salary and their full pension benefit, a new Government Accountability Office report says.
Treasury connects data to make better decisions
CIO Robyn East is leading an effort to create an enterprise data warehouse with procurement, financial and human resources information.
August 23, 2012
Treasury tackles IT reviews in a new way
Not all agencies are using TechStat for IT projects that are in trouble. In an exclusive report, Federal News Radio finds agencies are seeing unexpected benefits in applying the evaluation tool to programs that are on track. Treasury used TechStat to figure out how best to consolidate three procurement systems.
IRS discouraged fraud detection in ID program
The Internal Revenue Service has been looking the other way instead of rooting out fraud when people apply for taxpayer identification numbers, Treasury Department investigators said Wednesday, exposing a shortfall with both financial and national security implications.
Federal agencies owe the IRS at least $28M in fees
The Treasury Inspector General for Tax Administration evaluated six random reimbursable agreements IRS made with agencies and found a lot of money went uncollected.
Panel: Budget preparation best practices
Panelists are former Energy CFO Owen Barwell and Treasury Department's Nani Coloretti.
