Countdown to shutdown:

Treasury Department

  • Recovery.gov, the site that tracks the recovery act spending, is widely praised as one of the most innovative sites in government. Now one of the companies that created the website has won a contract to…

    July 29, 2010
  • A report by the Special Inspector General for Iraq Reconstruction shows that insufficient accounting procedures has left DoD unable to account for 96% of the funding it received from the Development Fund for Iraq.

    July 27, 2010
  • If you have an allotment to buy U.S. savings bonds through your military pay, you need to take a couple of steps before the U.S. Savings Bond Payroll Savings Plan goes all electronic by the end of August. Joyce Harris, the director of Public and Legislative Affairs at the Bureau of the Public Debt, at the Treasury Department tell us what they are.

    July 20, 2010
  • Financial markets can make you look really foolish, according to one columnist.

    July 06, 2010
  • Under enormous pressure, with little time to spare and no playbook to follow, the Treasury Department\'s newly created Office of Financial Stability (OFS) had to recruit highly qualified staff to administer TARP, build an operation from scratch, negotiate complex agreements to provide hundreds of billions of dollars, and ensure that their decisions were done according to the strict letter of the law and with strong fiscal controls. Timothy Massad, chief counsel, explains how they pulled that off.

    June 28, 2010
  • The Treasury Department is kicking off an initiative to move recipients of federal benefits away from paper payments.

    June 15, 2010
  • A recent GAO report looked at agencies\' policies for choosing the locations of conferences and found that cost was the number one factor when it came to planning. Details from GAO\'s Lorelei St. James.

    June 14, 2010
  • WFED\'s Jason Miller reports.

    June 09, 2010
  • Draft memo obtained by Federal News Radio calls for stopping new and ongoing modernization and development programs until OMB can review them. OMB also would dole out funding on a quarterly basis for ongoing projects to ensure they are meeting milestones.

    June 09, 2010
  • AT&T receives an authority to operate its cybersecurity services under the Networx telecommunications contract. Agencies now can purchase these services to meet the Trusted Internet Connections requirements.

    June 02, 2010
  • Cybersecurity provisions stuffed in Defense Appropriations bill, Cyberattack hits Treasury Credit Union

    May 28, 2010
  • In his office, he swears in new employees, is in charge of the CFC campaign, and even made vegetarian chili for the CFC campaign chili cook-off. And that\'s NOT when he\'s being the Special Inspector General for the Troubled Asset Relief Program. Meet Causey Award winner, Neil Barofsky.

    May 25, 2010
  • Neil Barofsky is one of seven winners of Federal News Radio\'s 2010 Causey Awards. He built the Office of the Special Inspector General for the Troubled Asset Protection Program, from two people to 100 people in one year, doubling his staff every two months by calling upon experienced folks from every agency.

    May 21, 2010
  • Neil Barofsky, the Special Inspector General for the Troubled Asset Relief Program, was nominated for a Causey Award for building the TARP office from the ground up.

    May 19, 2010
  • His conviction that the Treasury\'s debt office was on the verge of disaster much like 2005 when the Federal Emergency Management Agency was ill-equipped to handle Hurricane Katrina led him to push for a complete overhaul of the risk management tools used to issue the national debt. Meet Karthik Ramanathan: SAMMIE finalist.

    May 17, 2010