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The Government Accountability Office said in a new report that the new Trust Funds Federal Financial System (FFS) will not go live in October 2023.
The Federal Deposit Insurance Corp. often makes headlines when financial disasters occur. It also performs daily work of bank examination, policy development and making banking data available to the public. Behind all of that is the division of administration which keeps the whole thing going.
The IRS will transition away from using facial recognition technology to help taxpayers create online accounts with the agency.
In today's Federal Newscast, public satisfaction in federal customer experience reached an-time low last year, according to a scorecard that’s been tracking this for decades.
The IRS, looking to avoid unnecessary processing delays at the start of this year's filing season, is sending letters to taxpayers who received an Economic Impact Payment or child tax credit payment in 2021.
In today's Federal Newscast, the General Services Administration formally gives up its management of the Internet’s “dot-gov” top-level domain today.
USPS is moving ahead with the pilot after receiving nearly a decade of postal banking proposals from Congress with reluctance.
Eric Olson, the former Treasury Department chief information officer, said the agency moved key systems to highly secured cloud services over the last four years.
It's customary for the Office of Management and Budget to engage with agencies on planning seven days before any government shutdown deadline. OMB said it's confident Congress will avoid a lapse in appropriations before next Thursday's deadline, although it's unclear what path lawmakers will take to do so.
The Treasury Department’s Bureau of the Fiscal Service sees an opportunity to modernize the way it does business, after spending much of the COVID-19 pandemic getting stimulus payments out to the public.
The Treasury Department has failed for years to fix controls in the systems it uses to account for the country's finances.
The Bureau of the Fiscal Service is focused on simplifying its data footprint to make its data more secure while also applying more security to it.
In today's Federal Newscast, the Treasury Department is temporarily suspending investments in the Thrift Savings Plan's G fund to prevent the government from defaulting on debt.
The Bureau of the Fiscal Service acting Commissioner Matt Miller said two requests for information and meetings with industry and agencies is leading up to the Quality Service Management Office (QSMO) finalizing its financial management shared services strategy.