Financial Management

Senator Questions Spending on Sea Lion Grants, Shutdowns and More 

Annual report identifies “wasteful” federal spending as well as solutions. 

Defense Department Fails Its Second Audit, Yet Is Making Progress

This was only the second audit completed for the Pentagon since a 1990 law required them.

Supreme Court Will Consider Whether Consumer Bureau’s Structure Is Constitutional

California-based law firm is arguing the bureau’s director has been given too much authority, violating the separation of powers.  

Sen. Elizabeth Warren Asks Why The Justice Department Went Easy on Big Banks

After an article by ProPublica and American Banker examining how Justice softened settlements with RBS and Barclays, the presidential candidate blasts settlements that let banks “evade accountability.”

Report Shows Wide Variation in Financial Management Across Defense Agencies

Military branches were among the worst-performing entities on the department’s first comprehensive audit, analysis finds. 

Senate Chairman Presses HHS to Do a Better Job of Curbing Medicaid Fraud

Seema Verma highlights CMS’s two-year-old focus on preventing improper payments.

Emails Show Current FAA Chief Coordinated With Ex-Lobbyist Colleagues on Policy

As he moved through the agency’s ranks, the now-acting FAA Administrator Dan Elwell exchanged dozens of emails with lobbyists and other industry players discussing everything from rolling backing back consumer protections to airport privatization.

HUD’s System for Processing Public Records Requests Died During the Shutdown

The contract for the agency’s electronic system for managing FOIA requests lapsed in early January and hasn’t been renewed. Delays are mounting.

Three Agencies Failed to Notify Congress of Lapses in Curbing Improper Payments

Treasury, Labor and Agriculture singled out as GAO proposed clearer White House guidance.