President Thomas Jefferson spoke of the impenetrable financial fog the federal government found itself under in 1802. Unfortunately, some things never change. Former Labor Department CFO Sam Mok says there are three steps the new director of the Office of Management and Budget should take to begin making a difference in this arena. Mok’s column is part of Federal News Radio’s special report, Rise of the Money People.
When it comes to saving money, shared services providers are the new “it” thing. As part of the special report, Rise of the Money People, Federal News Radio gets the inside scoop from the head of the Interior Business Center.
Nearly 23 years after the seminal CFO Act became law, agencies have met its spirit and intent, experts say. CFOs today quickly are becoming more than just number crunchers. They are now masters of data analytics aimed at improving agencies’ missions.
As federal employees are furloughed, programs and contractors are cut, and agreement on future federal budgets appears remote, efficient management of the trillions of dollars it takes to operate the government is more important than ever. In Federal News Radio’s on-air and online series, “Rise of the Money People: Financial management moves front and center as agencies make the final assault on wasted billions,” we shine the light on chief financial officers and their soldiers in the financial wars, their strategies and tactics for waging the fight, the current and emerging weapons in their arsenal, and how their future battles will unfold.
Building on the foundation of the Accounting and Auditing Act of 1950, Congress has increased the oversight and transparency of government spending over the years.
Although they came from Planet Money, they look and act just like the rest of us. They work alongside us, sometimes they even run the show. So, who are these Money People? Where did they come from and where are they taking us? For answers, check out Federal News Radio’s week-long series on the people who make the big-bucks decision, Senior Correspondent Mike Causey says.
Roger Baker becomes the company’s chief strategy officer to help it understand the market and ensure it’s meeting agency customer expectations.
The director of the Office of Personnel Management is limited to a four-year term under the law. Sources tell Federal News Radio, John Berry informed the CHCO Council he’s not planning to stay on when his term expires later this month.
The former chief knowledge officer declined to say what his next move would be, but he does not plan to retire.
John Gingrich, the chief of staff for the Veterans Affairs Department, is retiring and will leave the agency by the end of the month after 37 years of federal and military service.
White House Press Secretary Jay Carney told reporters this week President Barack Obama has asked Acting OMB Director Jeff Zients to stay on until his successor is named. But for about the last six months, Zients was not the acting OMB director because his initial interim role quietly expired last year.
Emma Garrison-Alexander is leaving government after 29 years, including the last four at the Transportation Security Administration. The Federal Emergency Management Agency also is searching for a new CIO.
Mark Weatherford, the National Protection and Programs Directorate (NPPD) deputy undersecretary for cybersecurity, will leave the agency on April 12 after accepting a job in the private sector.
Barry West is returning for his fourth gig as a CIO, and three other key technology officials are leaving. Two congressmen want to pressure contractors to pay back taxes.