Treasury Department

  • Feds participating in the Federal Flexible Spending Account Program will now be able to rollover up to $500 from one year to the next in unspent funds from their limited expense and health care flexible spending accounts.

    September 04, 2014
  • The Office of Management and Budget and the Office of Science and Technology Policy are on track to launch a new metadata validator tool this month. They are also developing an integrated dashboard that will track agency progress on the administration's open data goals.

    July 03, 2014
  • The Obama administration looks to expand shared service usage even more by improving existing financial shared service providers and laying the groundwork for shared service governance.

    July 02, 2014
  • Richard Gregg, the Fiscal Assistant Secretary, will step down in June. Treasury Secretary Jacob Lew tapped Dave Lebryk, currently the commissioner of the Bureau of the Fiscal Service, to replace him.

    May 29, 2014
  • Robyn East confirms she will leave after three years on the job.

    May 14, 2014
  • Robyn East, Treasury's chief information officer, said users previously were not excited to move to an enterprise content management system, but a better understanding of the value of shared services has helped them come around.

    May 14, 2014
  • The Office of Financial Innovation and Transformation issued two RFIs in the last few weeks. One announced an industry day for May 21, and the other is looking for ideas to improve how the government manages and integrates data from different systems.

    May 08, 2014
  • The Office of Management and Budget and the Treasury Department Friday announced they recertified the departments of Interior, Treasury and Transportation and added USDA to be the support pylons of its financial management shared services initiative. GSA is no longer an approved provider, and it's unclear where its 44 customers will migrate to next.

    May 05, 2014
  • The latest small business contracting numbers numbers show agencies are struggling to hit their goals for doing business with small businesses. Those companies and entrepreneurs want to bring innovation and agility to the federal government, but they struggle to navigate the process. Martha Dorris, deputy associate administrator at GSA's Office of Citizen Services and Innovative Technologies and ACT-IAC Small Business Conference Government chair, and Ira Hobbs, principal at Hobbs & Hobbs and former chief information officer at the Treasury Department and ACT-IAC SBC industry chair, tell In Depth with Francis Rose small business could hold the keys to success for your next IT project.

    April 15, 2014
  • In part 3 of our special report, Shared Services Revisited, Federal News Radio explores the administration's plans to ensure success in consolidating and standardizing financial systems this time around. Beth Angerman, director of Treasury's Office of Financial Innovation and Transformation (OFIT), said the goal is creating a repeatable, sustainable process for agencies to move to federal financial management providers. Over the next six months, Treasury and OMB must answer many of the outstanding questions about how this initiative will truly work.

    April 10, 2014
  • In our special report, Shared Services Revisited, OMB still must solve long-standing challenges to ensure federal providers are capable of bringing on large, cabinet level agencies. The role of the private sector is leaving some vendors unhappy, but officials say history shows their success rate with financial management system implementation to be poor.

    April 09, 2014
  • In part 1 of Federal News Radio's special report, this second attempt by OMB to move agencies to financial management shared services is fraught with the same obstacles of a decade ago. But OMB believes this attempt at shared services is different. The administration says budget concerns and technology advancements will help overcome these long-standing barriers.

    April 08, 2014
  • In this week's Inside the Reporter's Notebook, Executive Editor Jason Miller explores how DoD is developing its cloud security standards and Treasury is filling a financial management void.

    March 28, 2014
  • GSA, NASA and NIH are providing agency customers more insight into what they are buying, how they are buying it and what prices they are paying. OFPP plans to launch the Prices Paid Portal later this year. But others say it's not about the data, but the outcomes agencies are trying to achieve.

    March 21, 2014