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5:47 am, October 24, 2014

Treasury Department News

Debra Roth, partner, Shaw, Bransford & Roth

The strange case of Lois Lerner - a federal official pleading the fifth - and the IRS.

Thursday - 03/20/2014, 09:44am EDT
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Former IRS official refuses to testify at hearing

Former IRS official Lois Lerner refuses to testify at House hearing on tea party targeting

Thursday - 03/06/2014, 01:22am EST

Agencies highlight accomplishments, prepare for new performance goals

The White House will release an updated list of agency high-priority goals and cross-agency priority goals with the annual budget request to Congress in March. Meanwhile, the Office of Management and Budget detailed agency successes over the last two years in meeting current goals.

Friday - 02/14/2014, 05:07am EST
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US to get approximately $17.2T debt limit Friday

The U.S. government is getting a new borrowing cap Friday, almost four months after Washington defused October's government shutdown and debt crisis.

Sunday - 02/09/2014, 12:30pm EST

New IRS chief says budget crunch, understaffing taking its toll

John Koskinen, sworn in as IRS commissioner in late December, has been meeting with frontline employees and crunching numbers for the last several weeks. He told Congress Wednesday that every corner of the agency is underfunded, and as a direct result, the Treasury is collecting fewer dollars than it should.

Thursday - 02/06/2014, 03:47am EST
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OMB Controller Werfel leaves federal service

Danny Werfel has resigned from his position of controller of the Office of Management Budget and left the federal government. He had served as controller since October 2009.

Monday - 01/27/2014, 09:57am EST

Reduced conference spending could save government $500M each year

Increased oversight and tighter controls have led to a nearly 90 percent drop in conference spending since 2010 at four agencies. The reductions could amount to $500 million in annual savings across the government.

Wednesday - 01/08/2014, 10:47am EST

IRS nominee on track for approval despite acrimony

IRS nominee on track for confirmation despite acrimony among Senate Democrats, Republicans

Tuesday - 12/10/2013, 05:45pm EST

Inside the Reporter's Notebook: Labor pinched by poor cloud contracting; Financial shared services progresses

News and buzz in the acquisition and IT communities that you may have missed this week.

Monday - 12/09/2013, 06:47am EST

Mobile, telework create potential savings, increase productivity at agencies

Emerging technologies like cloud, wireless access and virtualization are making telework an easy -- and economic -- solution for some agencies.

Friday - 11/22/2013, 03:07pm EST
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Agencies eager to understand benefits of cloud credential exchange

The Postal Service will kick off its pilot to provide identity management services in the cloud in early 2014. The IRS and DHS also are pursuing complimentary initiatives to authorize and authenticate users.

Friday - 11/15/2013, 04:01am EST

PIOs unearth the real value of data, analysis

Nani Coloretti, Treasury's assistant secretary for management and performance improvement officer, said prioritizing data, analyzing it in way that makes sense to senior officials and following through on opportunities for change are among the ways to improve agency processes. A Federal News Radio survey of PIOs show agencies are using data to improve mission execution.

Wednesday - 11/13/2013, 03:51am EST
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Obama praises CFTC nominee for humility, results

Obama praises CFTC nominee Timothy Massad, says he eschews spotlight but gets results

Tuesday - 11/12/2013, 06:41pm EST

Feasibility of DATA Act questioned even as Senate committee OKs it

Some agency leaders who would be charged with implementing the bill are unsure the DATA Act can be brought to life successfully. Officials said the government can improve how it makes data accessible and publishes procurement and other spending information. But the DATA Act may be asking for things that aren't pragmatically possible.

Thursday - 11/07/2013, 06:21am EST

Furloughs, debt ceiling and lobbying

On this week's Capital Impact show, Bloomberg Government analysts discuss how the debt limit and furloughs are affecting the economy, and how a case being reviewed by the Supreme Court, could impact future elections.
October 10, 2013

Thursday - 10/10/2013, 06:01pm EDT
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Lew warns of dangers if borrowing limit not raised

Lew warns that it would dangerous and reckless to miss deadline for raising borrowing limit

Monday - 10/07/2013, 01:30pm EDT

Comptroller of the Currency benchmarks IT to improve customer service

Ed Dorris, the CIO of the Comptroller of the Currency, said he evaluates IT policies, tools and procedures to ensure employees have a "hassle-free" IT environment.
October 3, 2013

Thursday - 10/03/2013, 10:33am EDT
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How budget showdowns could squeeze the US economy

Here we go again: What impact will Washington's budget fights have on the US economy?

Monday - 09/30/2013, 05:28pm EDT

Treasury overhauling qualifications for financial shared services providers

Treasury's Office of Financial Innovation Transformation (OFIT) issued a draft set of requirements that agencies must meet if they want to be federal shared services providers. The requirements should be finalized this fall, and a new set of providers will be in place in the coming months.

Thursday - 09/26/2013, 06:07am EDT
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US borrowing authority to be exhausted by Oct. 17

US borrowing authority to be exhausted by Oct. 17, Treasury says

Thursday - 09/26/2013, 04:10am EDT
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