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Search Tags: Treasury
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.
In his office, he swears in new employees, is in charge of the CFC campaign, and even made vegetarian chili for the CFC campaign chili cook-off. And that's NOT when he's being the Special Inspector General for the Troubled Asset Relief Program. Meet Causey Award winner, Neil Barofsky.
His conviction that the Treasury's debt office was on the verge of disaster much like 2005 when the Federal Emergency Management Agency was ill-equipped to handle Hurricane Katrina led him to push for a complete overhaul of the risk management tools used to issue the national debt. Meet Karthik Ramanathan: SAMMIE finalist.
Treasury will require individuals receiving Social Security, Supplemental Security Income, Veterans, Railroad Retirement and Office of Personnel Management benefits to receive payments electronically. Dick Gregg, the acting fiscal assistant secretary at the Treasury Department, explains.
A new Washington FBI field-office unit has agents working exclusively on Foreign Corrupt Practices Act and may be able to pay for itself. Details from Shawn Henry, Assistant Director in Charge of the Washington Field Division
The director of the new Office of Financial Innovation and Transformation at Treasury, Adam Goldberg, busts a myth for Federal News Radio. He says his office won't be taking on the work of the old Federal Systems Integration Office.
Neil Barofsky is one of seven winners of Federal News Radio's 2010 Causey Awards. He built the Office of the Special Inspector General for the Troubled Asset Protection Program, from two people to 100 people in one year, doubling his staff every two months by calling upon experienced folks from every agency.
Neil Barofsky, the Special Inspector General for the Troubled Asset Relief Program, was nominated for a Causey Award for building the TARP office from the ground up.