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4:32 pm, March 1, 2015

Treasury Department News

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

IRS audit knocks 14 percent off of $450 billion owed in upaid taxes

Following IRS audits and other enforcement efforts, non-compliance in 2006 shrank to 14 percent, which left the final amount of unpaid taxes at $385 billion.

Friday - 01/06/2012, 06:13pm EST

TIGTA upgrading network to handle new mobile requirements

George Jakabcin, the agency's CIO, said every employee will get a new laptop and be able to access the network through a WiFi VPN connection. More than 80 percent of all employees work outside the office at least one day a week.
January 5, 2012(Encore presentation March 1, 2012)

Thursday - 01/05/2012, 07:26pm EST
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Treasury to end paper savings bonds

Beginning Jan. 1, the department will discontinue paper U.S. savings bonds in favor of an all-electronic format. The move has been planned for a number of months, but Treasury "reiterated" the move this week with an announcement on its website and a timeline presenting the 76-year history of the bonds.

Wednesday - 12/28/2011, 06:47pm EST

Federal financial report is in, but GAO offers no opinion

Robert Dacey, the Government Accountability Office's chief accountant, breaks down the reasons why GAO was unable to render an opinion on the federal government's consolidated financial report.

Wednesday - 12/28/2011, 10:02am EST
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Obama nominates 2 to Federal Reserve Board

While on vacation, President appoints a Democrat and Republican Jeremy Stein and Jerome Powell to the Federal Reserve Board of Governors.

Tuesday - 12/27/2011, 03:50pm EST

GAO cannot give opinion on federal government's finances

The Government Accountability Office said it cannot render an opinion on the federal government's 2011 consolidated financial statements due to "widespread material internal control weaknesses, significant uncertainties, and other limitations," according to a GAO release.

Friday - 12/23/2011, 01:36pm EST

Library of Congress, TIGTA offer telework security lessons

Security is a major telework concern for the Library of Congress and the Treasury Inspector General for Tax Administration. But, both agencies have found ways to make it work for them.

Sunday - 12/11/2011, 11:01pm EST

GAO examines lessons learned from Fed's AIG bailout

Orice Williams Brown, GAO's director of Financial Markets and Community Investment, joined the Federal Drive with Tom Temin and Amy Morris to discuss the agency's recent report on efforts by the Federal Reserve during the early days of the 2008 financial crisis.

Tuesday - 11/08/2011, 11:00am EST
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GAO says switch to dollar coins could save $5.5 billion

A jingling of coins may soon replace the rustling of dollar bills, if a new, money- saving plan by the GAO is enacted. The move could save the U.S. more than $5.5 billion over 30 years, GAO's Lorelei St. James told Federal News Radio.

Monday - 10/31/2011, 11:37am EDT
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Top 10 agencies with telework issues

How does your agency compare to others when it comes to allowing employees to telework? The latest Federal Employee Viewpoint Survey gives some insight.

Sunday - 10/02/2011, 08:55pm EDT

TARP inspector general: Federal regulators need to 'stay vigilant'

Acting Special Inspector General for the TARP program Christy Romero joined the Federal Drive with Tom Temin and Amy Morris to discuss the latest IG report on how the Treasury Department handled banks who exited the program.

Friday - 09/30/2011, 09:26am EDT
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As TARP winds down, GAO eyes Treasury's to-do list

Nikki Clowers, GAO's director of financial markets and community investment issue, joined the Federal Drive with Tom Temin and Amy Morris to discuss the recommendations that have gone unheeded.

Thursday - 09/22/2011, 10:59am EDT
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