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5:17 pm, November 25, 2014

Treasury Department News

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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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.

Wednesday - 08/08/2012, 06:58pm EDT

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.

Tuesday - 07/31/2012, 05:35am EDT

Panel: Budget preparation best practices

Panelists are former Energy CFO Owen Barwell and Treasury Department's Nani Coloretti.

Friday - 07/27/2012, 02:51pm EDT
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Geithner says LIBOR investigation complex

Treasury Secretary Timothy Geithner says regulators waited four years to penalize Barclays bank for trying to manipulate a key global because the investigation was complex.

Thursday - 07/26/2012, 01:57pm EDT

Inspector General: SSA sitting on $134 million in uncashed checks

The inspector general for the Social Security Administration estimated the agency is sitting on about $134 million for benefit checks that sit uncashed by recipients for more than a year - money subsequently returned to the agency. But the IG report found most of the recipients who didn't cash their checks are still eligible for the assistance and the SSA could take additional steps to ensure they receive them.

Tuesday - 07/24/2012, 07:58pm EDT

Government accountants issue advice to Treasury to help clean up its books

After a year-long study, the Association of Government Accountants issued a report suggesting a dozen changes and steps that would improve how the U.S. Treasury Department tracks government-wide revenue, spending and the federal deficit.

Monday - 07/23/2012, 11:59am EDT
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Federal Drive interviews -- July 23

Rob Strayer of the Bipartisan Policy Center discusses the compromise cybersecurity bill. Daniel Schuman talks about the Congressional Research Service. Dick Gregg fills us in on the Treasury's annual fiscal report.

Monday - 07/23/2012, 10:02am EDT

ATF mulls virtual desktops for contractors in cost reduction effort

The agency spends thousands of dollars per user on computers for contractors and task force officers. ATF's chief information officer said those individuals could easily use their own devices to access virtual desktops that provide the same functionality.

Friday - 07/20/2012, 05:05am EDT
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IG probe reveals improprieties at Treasury

From soliciting prostitution to accepting improper gifts, new documents released by the Treasury Department's inspector general outlines examples of impropriety at the agency over the past few years.

Monday - 07/16/2012, 11:32am EDT

2012 Causey Awards Winner - Patricia Pointer

Patricia Pointer, deputy comptroller for HR in the Treasury Department's Office of the Comptroller of the Currency (OCC), was nominated for her efforts to integrate the Office of Thrift Supervision into OCC.

Monday - 07/16/2012, 04:45am EDT
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