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Search Tags: SEC
Thomas Bayer, the SEC CIO, said he reduced his operations and maintenance spending by $15.5 million last year and used those savings for business and mission systems.
The federal government is saddled with the reputation of a stodgy, stunted work environment where the status quo rules the day. But the problem isn't that federal employees don't have bright ideas for doing business differently. The problem is that too often agency leadership fails to encourage employees to think outside the box or to reward them when they do so.
Federal criminal and civil investigators looked into possible leaks of economic data that the government provides early to news organizations, according to a report released Tuesday by the Labor Department.
Hackers broke into computers at hotel giant Wyndham Worldwide Corp. three times in two years and stole credit card information belonging to hundreds of thousands of customers. Wyndham didn't report the break-in in corporate filings even though the Securities and Exchange Commission wants companies to inform investors of cybercrimes.
The Financial Services and General Government spending bill seeks to cut $2 billion from the president's request. The bill says nothing about granting feds a pay raise in 2013. The House committee follows the lead of Senate appropriators, which also remained silent on the issue.
A dozen agencies have no permanent inspector general and some have been without one for several years, according to an IG tracker by the Project on Government Oversight.
David Kotz has had a front row seat for some of the largest scandals of our time, including the Bernie Madoff Ponzi scheme. He reflects on his tenure as the inspector general of the Securities and Exchange Commission. Kotz's last day on the job was Friday.
Michael J. Williams announced Tuesday he will continue as CEO and as a director until a successor is found.
Congressional gridlock and "stalling economic growth" could combine to put a freeze on many new federal leasing options, a recent report from Jones Lang LaSalle predicts. Kevin Wayer, co-president of the public institutes practice at Jones Lang LaSalle, joined In Depth with Francis Rose to discuss what the federal real estate market could look like in the coming year.