Treasury Department
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Postmaster General Louis DeJoy is defending operational changes at the Postal Service made before and during his tenure that have been put on hold by several federal judges within the past week.
September 24, 2020 -
IGs on the committee continue to send up red flags on COVID-19 spending. SBA's IG office, for example, recently issued management alerts warning of billions of dollars potentially exposed to fraud.
September 24, 2020 -
In today's Federal Newscast, Comptroller General Gene Dodaro implores agencies and Congress to implement what he called 16 concrete recommendations immediately to significantly improve the nation’s response to the current pandemic.
September 22, 2020 -
If the government is in the habit of sending people money during emergencies, why not do it in time for the height of the need?
September 08, 2020 -
Both federal civilian employees and active-duty military members will see temporary changes to their take-home pay as a result of the president's tax deferral, a senior administration official told Federal News Network. Though civilian employees and the military will see savings later this month, they're expected to pay back deferred taxes starting next January.
September 04, 2020 -
A few years after setting goals to modernize the federal financial system, the Treasury Department’s Bureau of the Fiscal Service has already seen much of its work pay off during the coronavirus pandemic.
August 17, 2020 -
In today's Federal Newscast, agencies have spent almost $18 billion on goods and services in response to the coronavirus pandemic from March to June, and 47% of that was not competed among vendors.
July 30, 2020 -
Four months after Congress approved a $10 billion loan for the Postal Service under the CARES Act, Treasury Department and USPS leadership have struck a deal on the terms of that loan.
July 29, 2020 -
In today's Federal Newscast, a bicameral group of Democrats say top leadership vacancies at the Federal Emergency Management Agency are unacceptable.
July 22, 2020 -
Dave Lebryk, the Treasury Department's fiscal assistant secretary, said the IRS has already recovered about 70% of the $1.6 billion in improper payments to the deceased and expects the agency to find more returned checks in its backlog of unopened mail.
July 22, 2020 -
The Treasury Department and Small Business Administration this week said they would deliver at least some of the data about pandemic stimulus spending. After all, it involves $2 trillion.
July 09, 2020 -
In today's Federal Newscast, Treasury Secretary Steven Mnuchin told the House Oversight and Reform Committee the law allows inspectors general on the committee to review spending under the Paycheck Protection Program, and other funds previously in question.
July 07, 2020 -
A program launched by Treasury a couple of years back has helped keep banks in minority hands while strengthening their finances.
July 01, 2020 -
In today's Federal Newscast, the Department of Veterans Affairs has a new digital tool to help screen veterans, employees and other visitors for coronavirus.
June 30, 2020 -
Members of Congress seized on the report's findings as a wake-up call about gaps in the oversight of emergency pandemic spending and pointed to better data-sharing as a way to prevent the problem.
June 30, 2020