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6:51 am, July 13, 2014

Treasury Department News

IRS to furlough all 90,000 employees

The agency has identified five furlough days where it will, essentially, shut down entirely. A memo sent Friday to IRS staff from Acting Commissioner Steven Miller said the furlough days will start in May and continue through August.

Friday - 04/19/2013, 03:48pm EDT

Data analytics improving CFOs' lines of sight for program execution

Federal chief financial officers have more foresight, insight and hindsight than ever before to make better decisions. But just as important as having these wide-ranging sight lines is how they are being translated down to the program level. Experts say agencies are slowly heading down the path of using data to make better decisions.

Monday - 04/15/2013, 05:30am EDT
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Bureau of Fiscal Service primes network for influx of new customers

Kim McCoy, the bureau's chief information officer, said she's looking at how best to pre-position resources to get new agency financial management customers on board more quickly.
April 11, 2013

Thursday - 04/11/2013, 09:01pm EDT
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Lew hopeful on reaching a budget breakthrough

Treasury Secretary Jacob Lew said Thursday that he is optimistic that President Barack Obama will be able to reach an agreement with Republicans in Congress to break a budget impasse that's triggered across-the-board government spending cuts.

Friday - 03/15/2013, 10:40am EDT

Lew set to start at Treasury as budget cuts loom

Confirmed by Senate, Lew to start at Treasury a day before big budget cuts set to take effect

Thursday - 02/28/2013, 12:10pm EST

US Senate panel backs Lew nomination for Treasury

Senate Finance Committee approves Obama's nominee Jacob Lew to be US Treasury secretary

Tuesday - 02/26/2013, 01:53pm EST

Senate panel plans Tuesday vote on Lew nomination

Senate committee plans Tuesday vote on Jack Lew, Obama's nominee to be treasury secretary

Monday - 02/25/2013, 09:56am EST

Likely Treasury chief Lew faces early budget tests

Likely Treasury chief Lew will need to fight budget battles with Congress in early months

Tuesday - 02/12/2013, 09:36pm EST

THE RESET: Gov't slowing economic and job growth

President Barack Obama declared last June that "the private sector is doing fine." And President Ronald Reagan liked to tell audiences, "Government is not the solution to our problem, government is the problem." Two major economic reports this week seem to lend some new weight to both provocative assertions.

Friday - 02/01/2013, 12:30pm EST

Federal Drive Interviews -- Feb. 1, 2013

Sharon Roth of the Merit Systems Protection Board discusses a new survey on federal management. Lt. Cmdr. Jean Marie Sullivan of the Navy Office of Women's Policy talks about the new DoD decision to open up combat jobs to women. Greg Kutz, a senior audit executive with the Treasury Inspector General for Tax Audit, talks about a new report his agency released. Keith Lucas, vice president for AFGE Council 228, discusses a new contract his union signed with the Small Business Administration.

Friday - 02/01/2013, 09:29am EST

Why Geithner's Treasury leadership proved divisive

President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious.

Thursday - 01/24/2013, 02:49am EST

GSA names Sharpe new FAS Commissioner

Tom Sharpe will move over from the Treasury Department to take over the Federal Acquisition Service.

Tuesday - 01/22/2013, 05:33pm EST
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Obama officially signs Cabinet nominations

Minutes after his inauguration speech Monday, President Barack Obama signed documents officially submitting top administration nominations to the Senate.

Monday - 01/21/2013, 03:10pm EST

Treasury: Trillion-dollar coin would not be legal

Treasury Department spokesman Anthony Coley said Saturday that neither his department nor the Federal Reserve believes the law can or should be used to produce such a $1 trillion coin to avoid a coming battle with Congress over government borrowing.

Saturday - 01/12/2013, 05:44pm EST

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

Thursday - 01/10/2013, 06:16pm EST

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.

Wednesday - 01/09/2013, 05:27pm EST

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.

Friday - 01/04/2013, 10:55am EST

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.

Thursday - 01/03/2013, 08:05pm EST

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.

Thursday - 01/03/2013, 04:04pm EST

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.

Thursday - 12/20/2012, 09:46am EST
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