Virtualization key for future of Bureau of the Public Debt
IT managers from large agencies and small agencies alike are looking at virtualization to help them save money and streamline processes. On this weekâ"™s Ask the CIO program, Kim McCoy, chief information officer at the Bureau of the Public Debt, discussed her agencyâ"™s plans in this arena. McCoy told Federal News Radio her agency, along [...]![]()
New Treasury.gov brings cost-savings, transparency
Treasury's Dan Tangherlini explains the reason behind the website relaunch and move to the cloud.
Was the financial bailout legal?
The Wall Street Journal reports on the legal debate over TARP.
Treasury moves to cloud, starts blog
The Treasury Department is moving to the cloud and starting an official blog.
IRS phone operations managing call volume
Hear more from TIGTA's Mike Phillips on the IRS's effective phone operations system
Cybersecurity and telework make an interesting team
Tight security measures both tighten the leashes of executives, while driving them out of the office.
Bill promotes jointness among national security agencies
Congressmen Skelton and Davis say legislation would apply the lessons learned from Goldwater-Nichols Act to more than 13 agencies to help promote collaboration and understanding of each other's roles. The bill calls for a two-year detail for each senior official to learn how other national security agencies work.
IRS tries a pilot to make banking better
Treasury says it will launch a new pilot program to help capitalize on tax refund season as an opportunity to provide unbanked and underbanked Americans with access to safe, low-cost financial accounts. Assistant Secretary Michael Barr explains.
White House recognizes 8 agencies for leadership in transparency
EPA, NASA and Transportation receive two honors each in different categories. Overall 17 agencies received all green scores on the Open Government dashboard.
Treasury CIO Duffy moving to Justice
After three years at Treasury, Duffy to move back to the agency he spent 15 years at previously.
SIGIR: Defense can't account for $8.7 billion
A report by the Special Inspector General for Iraq Reconstruction shows that insufficient accounting procedures has left DoD unable to account for 96% of the funding it received from the Development Fund for Iraq.
Savings bonds go all electronic
If you have an allotment to buy U.S. savings bonds through your military pay, you need to take a couple of steps before the U.S. Savings Bond Payroll Savings Plan goes all electronic by the end of August. Joyce Harris, the director of Public and Legislative Affairs at the Bureau of the Public Debt, at the Treasury Department tell us what they are.
Column: Gains from long-term Treasurys won't go on forever
Financial markets can make you look really foolish, according to one columnist.
TARP team honored as a Sammies finalist
Under enormous pressure, with little time to spare and no playbook to follow, the Treasury Department's newly created Office of Financial Stability (OFS) had to recruit highly qualified staff to administer TARP, build an operation from scratch, negotiate complex agreements to provide hundreds of billions of dollars, and ensure that their decisions were done according to the strict letter of the law and with strong fiscal controls. Timothy Massad, chief counsel, explains how they pulled that off.
Treasury launches paperless initiative for federal benefits
The Treasury Department is kicking off an initiative to move recipients of federal benefits away from paper payments.
GAO: Agency rules allow conferences at resort locations
A recent GAO report looked at agencies' policies for choosing the locations of conferences and found that cost was the number one factor when it came to planning. Details from GAO's Lorelei St. James.
OMB to change how agencies implement financial management
WFED's Jason Miller reports.
Exclusive: OMB to propose major changes to financial management systems
Draft memo obtained by Federal News Radio calls for stopping new and ongoing modernization and development programs until OMB can review them. OMB also would dole out funding on a quarterly basis for ongoing projects to ensure they are meeting milestones.
GSA, DHS approve first governmentwide cyber provider
AT&T receives an authority to operate its cybersecurity services under the Networx telecommunications contract. Agencies now can purchase these services to meet the Trusted Internet Connections requirements.
Cyber chief Schmidt set to name senior director
Cybersecurity provisions stuffed in Defense Appropriations bill, Cyberattack hits Treasury Credit Union




