Financial Management
Biden Reportedly Will Nominate Janet Yellen to Become Nation’s First Female Treasury Secretary
If confirmed, Janet Yellen would be the first woman to ever hold the three most influential economic positions in U.S. government history.
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.
State Dept. Employees Could Award Themselves Promotions, Watchdog Warns
Auditor notes need to enforce multiple approvals of personnel moves.
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.
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