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1:48 pm, September 16, 2014

Treasury Department News

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

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.

Friday - 11/30/2012, 06:16pm EST
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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.

Friday - 11/16/2012, 12:48pm EST
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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.

Monday - 11/12/2012, 03:52pm EST

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.

Tuesday - 10/09/2012, 10:14am EDT
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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

Monday - 10/01/2012, 07:40pm EDT
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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.

Friday - 09/28/2012, 11:00am EDT
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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.

Thursday - 09/27/2012, 02:02pm EDT

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.

Monday - 09/24/2012, 02:30pm EDT
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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.

Tuesday - 09/11/2012, 04:01pm EDT

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

Thursday - 08/23/2012, 10:37pm EDT
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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.

Thursday - 08/16/2012, 05:16am EDT
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