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5:15 pm, October 25, 2014

Treasury Department News

Engraving and Printing ready to build on ERP success

The BEN Enterprise brings together the Treasury Department bureau's data about finances, procurement and printing. Now Peter Johnson, BEP's chief information officer, wants to add business and analytics tools.
May 10, 2012

Thursday - 05/10/2012, 10:07pm EDT
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Performance improvement has 'turned the corner' in government

Shelley Metzenbaum said agencies are doing a better job in setting outcome-based goals and using data to measure their progress. OPM is finalizing guidance and training to use the competence models for performance improvement positions. Treasury and DHS are setting their own path to using data to meet their mission goals.

Wednesday - 04/25/2012, 05:55am EDT
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Audit reveals budget cuts, new IT systems slow IRS capabilities

A Treasury Department audit of the Internal Revenue Service has revealed an agency hampered by budget cuts and struggling to update its technology to assist a growing number of taxpayers.

Monday - 04/16/2012, 06:51pm EDT

Obama: 'Angry' if Secret Service allegations true

esident Barack Obama, speaking for the first time about allegations that Secret Service agents hired prostitutes, said Sunday that "of course I'll be angry" if those accusations are proven true by an investigation.

Sunday - 04/15/2012, 11:30pm EDT

White House unveils new tool to stop improper payments

The White House launched a new "Do Not Pay" tool on Thursday to prevent improper payments to individuals and companies. Agency heads must submit plans to adopt the tool by June 30.

Thursday - 04/12/2012, 04:23pm EDT

Antiquated systems slowing down IRS modernization, GAO says

David Powner, GAO's Director of Information Technology Issues, said the problem is not that IRS does not have enough funding for technology the problem is the agency is still relying on antiquated systems.

Thursday - 04/12/2012, 11:02am EDT
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VIDEO: Agencies embrace mobile app explosion

The development of mobile applications or apps is expanding within the federal government. The General Services Administration showcased some of the apps coming out of agencies at last week's FOSE Conference in Washington.

Monday - 04/09/2012, 09:46am EDT

TIGTA: IRS cyber response center needs some improvements

The cybersecurity response center at the IRS is mostly working, according to a new report from the Treasury Inspector General for Tax Administration. However, in the report, Treasury Inspector General J. Russell George said that the Computer Security Incident Response Center isn't reporting every computer security incident as it's supposed to.

Tuesday - 04/03/2012, 08:03pm EDT

IG: Missing documents plague IRS process for screening new hires

A new inspector general's report finds missing documentation plagues the Internal Revenue Service's process for pre-screening new hires that are often entrusted with sensitive financial information.

Monday - 03/19/2012, 03:29pm EDT
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Agencies need to 'quit whining' about SES

A new study is leading to calls to shake up the Senior Executive Service by encouraging members to change jobs once in a while. That was the original intent, but only half of its members have done it. Now, with a third of senior execs eligible to retire, federal human resources leaders say agencies need to focus on improving the corps.

Monday - 03/05/2012, 01:41pm EST

Treasury's paperless initiative means no more paper benefit checks

Those who are already receiving paper checks for federal benefit payments have until March 1, 2013, to sign up for direct deposit or direct express.

Friday - 03/02/2012, 10:23am EST
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GAO: Work needed to correct errors in TARP financial statements

Gary Engel, GAO's director of financial management, says the Treasury Department's Office of Financial Stability, which implements TARP, still needs to establish a mechanism for effective implementation of its review and approval process for preparing its financial statements.

Monday - 02/27/2012, 12:12pm EST
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Calif. shooting latest woe for immigration agency

The deadly office shooting in California involving a federal immigrations supervisor and a special agent is the latest mark against U.S. Immigration and Customs Enforcement, the law enforcement agency created after the 2001 terror attacks.

Saturday - 02/18/2012, 08:16pm EST

Discretionary Budget Authority 2008-2013

A look at the discretionary budget authority for Cabinet-level agencies from 2008-2013.

Thursday - 02/16/2012, 02:19am EST

2013 budget ups IRS funding, allows for staff increases

Colleen Kelley, the president of the National Treasury Employees Union, which represents some 84,000 IRS employees, told In Depth with Francis Rose the 2013 budget request would allow IRS staff levels to increase by about 4,000 positions.

Wednesday - 02/15/2012, 09:00pm EST
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Analysis: Fund the watchdogs, don't create new agencies

Rather than create two new agencies to tackle counterfeit merchandise and crack financial crimes, Jonathan Adler, president of the Federal Law Enforcement Officers Association, says existing agencies can do the work with additional funding.

Monday - 01/30/2012, 10:33am EST
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Geithner: Obama won't ask me to stay in a 2nd term

Timothy Geithner said Wednesday that he doesn't expect to serve a second term as Treasury secretary. He said he doesn't think President Barack Obama would ask him to remain if Obama won re-election.

Wednesday - 01/25/2012, 11:16pm EST

The 4 new voting members on Fed's policy committee

The presidents of four regional Federal Reserve banks gained votes on the Fed's main policymaking group this week for the first meeting of 2012.

Tuesday - 01/24/2012, 08:15am EST

Report: Citizen satisfaction with federal services slightly up in 2011

Satisfaction went up 2.3 percent in 2011, according to the American Customer Satisfaction Index released today by Foresee. The bump comes after a decrease of 4.8 percent between 2009 and 2010.

Thursday - 01/19/2012, 08:47am EST
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Documents show how Fed missed housing bust

Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation's economy could pull off a "soft landing" from falling home prices. Three months later, Bernanke had begun to grasp that he and others had underestimated the risk housing posed to the economy.

Friday - 01/13/2012, 10:07am EST
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