Low-risk investments generally have low returns. By law, the Postal Service must invest retiree assets in U.S. Treasury securities. The Office of Inspector General took a look at how much USPS would have had now, with a stock-and-bond mix.
In today's Federal Newscast: Political campaigns prove to be a minefield for Hatch Act violators. Agencies have expanded their cyber defenses. And the Navy says the Guam typhoon means you can check out anytime you'd like, but you can never leave; at least not until July.
On Memorial Day, we recall those who didn't return. The tragic pattern of those who return only to take their own lives, that's an ongoing challenge.
he BOP Mission Statement also references "custody and care, not jails and guards." Federal Drive with Tom Temin takes a look a look at one success. Eddie Ellis was convicted of manslaughter, did part of his sentence in the Florence, Colorado super-max prison, and returned to society. He now works for juvenile-sentencing reform. This is a personal, intimate, and instructive interview.
All week the Federal Drive has examined the Bureau of Prisons, which ranks as, "The Worst Place to Work in the Federal Government," according to the annual listing derived from employee viewpoint survey results and compiled by the Partnership for Public Service. To finish the series, Federal Drive host Tom Temin talks with Federal Bureau of Prisons Director Colette Peters, who has been on the job for almost a year
Bureau of Prisons path forward is not complicated, but it does go steeply up hill.
In today's Federal Newscast: President Biden nominates a replacement for outgoing Joint Chiefs Chairman Mark Milley. VA Nurses, numbering about 14,000, have reached an agreement with their union. And there's not quite a six-digit number of folks with seven-digit TSP accounts.
Treasury has a way to ensure continuity of Social Security benefits payments without the need to raise the debt ceiling