Treasury Department

  • The White House launched a new "Do Not Pay" tool on Thursday to prevent improper payments to individuals and companies. Agency heads must submit plans to adopt the tool by June 30.

    April 12, 2012
  • The cybersecurity response center at the IRS is mostly working, according to a new report from the Treasury Inspector General for Tax Administration. However, in the report, Treasury Inspector General J. Russell George said that the Computer Security Incident Response Center isn't reporting every computer security incident as it's supposed to.

    April 03, 2012
  • The new acting administrator of the General Services Administration has written to agency employees telling them not to allow the mistakes of a few affect the achievement of their goals. Tangherlini, who formerly served as the chief financial officer of the Treasury Department, said GSA will "redouble" its efforts to the core values of delivering efficient and effective services. GSA chief Martha Johnson resigned Monday and two of her top deputies were fired following the release of an inspector general's report detailing excessive spending at an October 2010 regional training conference.

    April 03, 2012
  • Those who are already receiving paper checks for federal benefit payments have until March 1, 2013, to sign up for direct deposit or direct express.

    March 02, 2012
  • Orice Williams Brown, GAO\'s director of Financial Markets and Community Investment, joined the Federal Drive with Tom Temin and Amy Morris to discuss the agency\'s recent report on efforts by the Federal Reserve during the early days of the 2008 financial crisis.

    November 08, 2011
  • The union that represents IRS workers is ramping up a public campaign in hopes of convincing voters that the loss of 4,000 tax collectors and agents would be bad for government services that they depend on. Congressional appropriators have proposed cutting the division\'s budget by $450 million-to-$600 million.

    October 12, 2011
  • Acting Special Inspector General for the TARP program Christy Romero joined the Federal Drive with Tom Temin and Amy Morris to discuss the latest IG report on how the Treasury Department handled banks who exited the program.

    September 30, 2011
  • Nikki Clowers, GAO\'s director of financial markets and community investment issue, joined the Federal Drive with Tom Temin and Amy Morris to discuss the recommendations that have gone unheeded.

    September 22, 2011
  • A coalition of 21 groups representing five-million federal employees and retirees wrote a letter to OMB and Treasury asking for information about what happens to federal workers if the debt ceiling isn\'t raised. NTEU is planning a rally in New York to oppose proposed cuts to federal employees pay and benefits.

    July 15, 2011
  • All agency bureaus will implement the Internet Payment Platform by 2012. Additionally, all Treasury vendors must submit invoices through the portal starting in 2013. The electronic invoice payment program is one of 12 initiatives to improve federal financial management.

    July 13, 2011
  • Obama administration officials told Congress agencies are taking a more aggressive stance than ever in their efforts to cut improper payments. The White House has set a goal of reducing such payments by $50 billion by next fiscal year.

    May 26, 2011
  • Your agency is asking you to do more with less. Using innovative ideas is one way to do that. The Treasury Department came up with its own way to save money with the New Markets Tax Credit Program.

    May 06, 2011
  • The U.S. Department of the Treasury is retiring the paper Social Security check for millions of baby boomers and others applying for federal benefits, a move that will save taxpayers $1 billion over the next 10 years.

    April 29, 2011
  • SIGTARP Christy Romero discusses the findings of Treasury\'s oversight of legal fees.

    April 14, 2011