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At the end of January, the Trump administration pushed out a top Treasury department official after he refused to give DOGE access to the government's vast payment system. We're talking to him today. It's one of his first public interviews since leaving the civil service.David Lebryk was the highest ranking civil servant in the Treasury Department, and one of the most senior civil servants in the federal government. He was responsible for overseeing the Bureau of the Fiscal Service, which. Puts out more than 90% of federal payments every year, more than a billion transactions, more than $5 trillion.One note for listeners: Lebryk did not want to go into the blow by blow of his leaving the administration early this year. Instead, we talk about a bunch of other things that I think you'll find highly relevant, how the Bureau of the Fiscal Service works, how it should work, and why Lebryk thinks DOGE's plans for it won't work out the way they intend. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.statecraft.pub
It's Wednesday! Sam and Emma are joined by Robert Weissman, co-president of the non-profit advocacy organization Public Citizen, which has filed 8 lawsuits against the Trump administration and says they have more coming. Later, Rohan Grey, Assistant Professor of Law at Willamette University, discusses his latest research on the Trump administration's attempt to seize direct political control over the core payments software of the Treasury's Bureau of the Fiscal Service, which handles spending for most of the federal government, to block funds to politically disfavored agencies and programs. First, they run through updates on the victory by liberal Susan Crawford in the Wisconsin Supreme Court race, Democrats' growing margins in deep-red regions, Trump's tariff fears, the GOP's anger at proxy voting for new parents, Mike Waltz Gmail whoopsie, Senator Cory Booker's marathon filibuster, the closure of free measles vaccine clinics in Texas amid a breakout, Ed Martin nomination for D.C. U.S. Attorney, Tesla's tanking earnings, and the Senate GOP's budget reconciliation, before expanding on the beautiful revelations around the toxicity of Elon Musk in US politics as seen in the incredible leftward swing amid his intense campaigning for conservative Brad Schimel Wisconsin. Robert Weissman then joins, first previewing the typical work of Public Citizen including advocacy, litigation, and organizing on behalf of the public against corporations, touching on everything from trade and consumer financial protection to drug pricing and campaign finance laws. Weissman then unpacks Public Citizens tactical shift under Trump 2.0, walking through the various legal battles they have taken on against Trump's attempt to dismantle the federal U.S. government through executive reform, with a particular focus on their case to save the Consumer Financial Protection Bureau – an agency birthed from the 2008 Financial Crisis' overwhelming impact on consumers – also touching on their effort to protect USAID and the Department of Education. Robert, Sam, and Emma expand on these lawsuits' ultimate goal of preventing the full-scale deletion of these agencies, understanding that, even with success, the Trump Administration will constantly be searching for (and finding) new ways to obstruct any accountability or pushback from this project, and focusing instead on ensuring the potential of rebuilding under future leadership, before wrapping up by looking to the upcoming fights over Trump's insistence on using his executive power to fire any and everybody, and the role of “national emergencies” in bolstering executive power. Rohan Grey then joins, diving right into Elon Musk's outrageous (and obviously untrustworthy) agenda of digitizing America's fiscal regime, stepping back to walk through the process by which US fiscal policy operates, with said policy – be it spending, taxation, issuing debt, etc – originating in Congressional legislation, moving through the Office of Management and Budget under the President to manage the allocated spending over the allotted time, to the Treasury's instructions with the Federal Reserve as the ultimate entity in charge of the dollars. After expanding on the utter absurdity of Elon's plan – outside of if, perhaps, you wanted to completely rid the system of accountability or pushback – Rohan, Sam, and Emma parse through DOGE's opaque takeover of the Bureau of Financial Services amid their project to indiscriminately cut funds, including Elon setting up an obvious assault on Social Security, wrapping up by expanding on what a botched system shift for the federal payment systems would look like, and assessing a more realistic idea for bringing our systems into the modern era. And in the Fun Half: Sam and Emma listen to Wisconsin Justice Susan Crawford celebrate winning an election against tens of millions of Elon Musk's money, unpack Elon's very-related copium, and watch Fox try to justify the extensive negative impact Trump's tariffs will have on the American people. The MR Crew also touches on Cory Booker's marathon filibuster (and the tactics underneath it), admires Lauren Boebert's self-assured idiocy, and dissects the blatant inhumanity on display with the Trump Administration's justification for their indiscriminate renditioning of migrants – legal or not – to a Salvadoran gulag, plus, your IMs! 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Rohan Grey, Assistant Professor of Law at Willamette University, joins Money on the Left to discuss his urgent new paper, "Digitizing the Fisc." During our conversation, we recount the events surrounding Elon Musk & the DOGE boys' unconstitutional takeover of the Treasury's Bureau of Fiscal Service, while explicating the right-wing theory of the "unitary executive" that underwrites such actions. Next, we analyze the structural deficiencies and choke points in the current Congressional appropriation process that have made DOGE's illegal interventions possible. Turns out, the US fiscal process involves several readily exploitable weaknesses, making it somewhat akin to the almighty Death Star's unprotected thermal exhaust port in Star Wars (1997). Finally, we consider Grey's proposal for a more streamlined, distributed, and democratic digital architecture for coordinating federal expenditures. Building legal concepts and procedures into the very materiality of digital design, this alternative system not only secures Congress's constitutional spending power against authoritarian interference and impoundment. It also unbundles fiscal policy from public debt management, making clear to the world that legislative action does not redistribute extant funds, but rather creates money afresh every time Congress votes to spend. Visit our Patreon page here: https://www.patreon.com/MoLsuperstructureMusic by Nahneen Kula: www.nahneenkula.com
American Federation of Government Employees National President Everett Kelley said the federal worker union would fight mass firings of government employees, calling the Trump administration's actions a politically driven abuse of the probationary period. His statement comes after reports that probationary employees were fired from agencies across the federal government. In his statement, Kelley refuted claims that employees were fired for poor performance, saying “there is no evidence these employees were anything but dedicated public servants.” In response to a request for comment, a spokeswoman for OPM said “the probationary period is a continuation of the job application process, not an entitlement for permanent employment. The Treasury Department's Office of Inspector General said it has opened an audit into the agency's payments system after Department of Government Efficiency liaisons accessed the personal and financial information of Americans stored by the Bureau of Fiscal Service. In letters to Democrats in the Senate and House, Loren Sciurba, Treasury's deputy inspector general, said the OIG initiated the audit into Bureau of Fiscal Service systems before the lawmakers made the request last week. The audit will examine applicable payment system controls that have been in place since Oct. 1, 2024, in addition to the two most recent fiscal years “as it relates to alleged fraudulent payments.”
As DOGE and its merry band of edgelord geniuses rip through the government unabated, the only thing we can do is sit back and watch. This week we'll dive in and see who's running things, what they're cutting, and the terrifying reality of who now has access to the Bureau of Fiscal Service. PORTLAND! We are coming April 13th! Come see us! https://www.etix.com/ticket/p/96128474/ben-and-emil-live-portland-hawthorne-theatre This week's bonus episode is a GOOD ONE baby. Sign up and support the show at https://benandemilshow.com ****HUGE shout out to Katherine Long and Nathan Tankus, whose writing on this subject has been so crucial. https://notesonthecrises.com LINK TO OUR DISCORD: https://discord.gg/CjujBt8g Subscribe to Emil's Substack: https://substack.com/@emilderosa Leave a comment! Like this video! Tell a friend about our show! __ MANDO: Control Body Odor ANYWHERE with @shop.mando and get $5 off off your Starter Pack (that's over 40% off) with promo code BAES at https://Mandopodcast.com/BAES #mandopod FACTOR MEALS: Eat smart with Factor. Get started at https://factormeals.com/baes50off and use code "baes50off" to get 50% off your first box plus free shipping. HIMS: Don't lose your hair, fellas!! Start your free online visit today at https://hims.com/BAES MOOMOO: Click this link https://j.moomoo.com/BAES to get up to 30 free stocks from moomoo U.S when you make a qualified deposit + earn 8.1% on uninvested cash for a limited time for new users!! Terms & Conditions Apply __ Latest MEATBALL SPECIAL HERE: https://youtu.be/uIOdsIn1Tdo Last week's episode HERE: https://youtu.be/qLhnYvL0eu8 We bought suits HERE: https://youtu.be/_cM1XqA9n2U This episode was edited by Connor Rousseau / @ conrad_roussrad Follow us on instagram! @ benandemilshow @ bencahn @ emilderosa Learn more about your ad choices. Visit megaphone.fm/adchoices
Elon Musk's DOGE has taken control of two systems housed by the Bureau of the Fiscal Service. These systems are responsible for 95% of all payments made by the government and account for more than a fifth of the U.S. economy. We're talking about everything from Social Security checks to tax returns and everything in between. China's social credit score, Klaus Scwab's “own nothing” mantra, and CBDC's - three boogie men of the right. But if Musk gets what he wants, he could roll all three into one. MAGA supporters would be none the wiser and likely lay down palm leaves as Musk walks into the Oval Office. We're watching the world's most expensive, most high stakes pissing contest in history. He wants to be the monopoly man - but instead of having a cool little monocle our monopoly man just has hair plugs. *** Thanks for listening to Overnight Opinions, a recurring news show on topics the mainstream media isn't telling you. Here you'll get current events blended with spicy commentary directed at our elected leaders. You can check out Ladies Love Politics website to read a transcript/references of this episode at www.ladieslovepolitics.com. Be sure to follow the Ladies Love Politics channel on TikTok, Instagram, YouTube, Truth Social, Brighteon Social, Threads, and Twitter. Content also available on Apple Podcasts, Google Podcasts, Spotify, and wherever else you stream podcasts. Background Music Credit: Music: Hang for Days - Silent Partner https://youtu.be/A41A0XeU2ds
A federal judge Thursday limited access to a Treasury Department payments system that various Department of Government Efficiency surrogates had burrowed into at the behest of Elon Musk. Judge Colleen Kollar-Kotelly of the U.S. District Court for the District of Columbia, in response to a lawsuit from a coalition of labor unions against the Treasury Department and Secretary Scott Bessent, wrote in her ruling that the defendants cannot “provide access to any payment record or payment system of records maintained by or within the Bureau of the Fiscal Service.” Tom Krause and Marko Elez, two DOGE-connected “special government employees” of the Treasury Department, were granted “read-only” access to Bureau of Fiscal Service systems “as needed for the performance” of their respective duties, the judge ruled. The Office of Personnel Management released multiple memos this week that continue the Trump administration's push to shift agencies away from career employees and toward more political positions across the government. OPM asked agencies in a Wednesday memo to identify all Senior Executive Service (SES) positions and make requests to keep those people in career roles if the agency head believes the “President's goals and priorities would be better served by keeping” the status quo. OPM said the Trump administration received reports that agencies near the end of the Biden administration redesignated SES positions that are traditionally held by noncareer employees, labeling them as positions that can only be held by career employees under the titles “general” or “career reserved.” That comes after another OPM memo released this week pushed to classify chief information officers as general employees. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast on Apple Podcasts, Soundcloud, Spotify and YouTube.
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The Secretary of Energy exposed the entire climate scam. Newsom has been working on the high speed train for 17 years, billions laundered. Trump is in the process of creating a parallel economy, when the time is right he will transition to the new system. The [DS] criminal system is being exposed, they set up a very complex system to hide their money laundering. Elon is exposing the first part, we are in the anger stage, the cult still doesn't believe, soon they will. People are taking the red pill and Trump is going to show them how deep the rabbit hole really goes. The great awakening continues. Time to wake the rest of the people up and bring them to the next level. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/MarcNixon24/status/1887214153020100950 https://twitter.com/SenBrianJones/status/1886508001819005330 this train to nowhere. DEFUND THE HIGH SPEED RAIL! #FixCalifornia https://twitter.com/libsoftiktok/status/1887585824218509380 Political/Rights https://twitter.com/libsoftiktok/status/1887262455694270724 https://twitter.com/BasedMikeLee/status/1887350804031340725 Our taxpayer dollars were being used to fund the invasion of our country https://twitter.com/charliekirk11/status/1887329931425948175 https://twitter.com/WallStreetMav/status/1887467526407299236 https://twitter.com/BehizyTweets/status/1887206948111786183 https://twitter.com/DataRepublican/status/1886613749148344527 $186,438,735 (2022) EIN: 134080201 One grant stands out: located in Kenya, with a description stating "PROVIDE REGIONAL REFUGEE PROCESSING SERVICE IN AFRICA FOR ALL US REFUGEE ADMISSIONS." Does this mean the U.S. has been processing refugees directly from Africa? Geopolitical/Police State Federal Judge BLOCKS DOGE from Gaining Access to “Sensitive” Treasury Department Payment Records – DOGE Team Previously Discovered Treasury was Funding Terrorist Groups A federal judge on Thursday blocked the Department of Government Efficiency (DOGE) from obtaining access to ‘sensitive‘ Treasury Department payment records for a period of time. Judge Colleen Kollar-Kotelly wrote in her order that Treasury officials “will not provide access to any payment record or payment system of records maintained within the [Treasury] Bureau of Fiscal Service.” Here is a link to the order here. This ruling comes after multiple government employee unions sued the Treasury Department over who could access the material. The lawsuit claimed Treasury Secretary Scott Bessent improperly allowed Elon Musk's team to access the materials, supposedly exposing personal financial information to unauthorized people. Source: thegatewaypundit.com DOGE now has access to NOAA's IT systems; reviewing DEI program, sources say At least one member of the DOGE was requested access. The Department of Government Efficiency (DOGE) is now scrutinizing the National Oceanic and Atmospheric Administration (NOAA), the federal agency responsible for forecasting the weather, researching and analyzing climate and weather data and monitoring and tracking extreme weather events like hurricanes, several sources familiar with the matter told ABC News. Source: abc.com https://twitter.com/DOGE/status/1887277159947117027 https://twitter.com/HomericFuturist/status/1887163577280209026 https://twitter.com/Patri0tContr0l/status/1887564349662712170 https://twitter.com/amuse/status/1887499537280905558 https://twitter.
Elon Musk has bought his way into the Trump administration and is now busy muscling his way into every federal agency. But the unelected billionaire who's been forcibly installing his allies while purging career civil servants throughout the federal government just faced his first roadblock when a judge prevented him from accessing the Bureau of the Fiscal Service, a move that would have given him an unprecedented amount of leverage over trillions of public dollars.Today on Lever Time, senior podcast producer Arjun Singh sits down with journalist Nathan Tankus to discuss the depth of Musk's control and how the tycoon's recent actions could imperil the nation. Tankus is the author of the newsletter Notes on a Crisis and one of lead reporters covering Musk's takeover.
A new memo from the Office of Personnel Management has recommended that federal agencies reclassify the position of chief information officer, in what appears to be an attempt to make the technical position far more political than it's previously been. Specifically, the new designation would have the chief information officer serve as a “general” employee rather than a “career reserved” employee. General employees, according to OPM, can be filled by a range of people, including “career, noncareer, limited term or limited emergency” senior executive branch appointees. Career reserved positions, meanwhile, are supposed to be impartial and can only be filled by career appointees. The memo argues that CIOs have served increasingly policy-based positions, given their focus on issues including artificial intelligence, cybersecurity, and machine learning. The document argues that reclassifying the position could also help increase the potential talent pool for CIOs. A coalition of labor unions is suing the Treasury Department and Secretary Scott Bessent over the disclosure of Americans' personal and financial information to Elon Musk and the tech billionaire's Department of Government Efficiency surrogates. In a lawsuit filed Monday to the U.S. District Court for the District of Columbia, the Alliance for Retired Americans, the American Federation of Government Employees and the Service Employees International Union allege that the Treasury Department under Bessent allowed Musk and his DOGE associates to access the personal information of millions of individuals who have transacted with the federal government. That personal information includes names, Social Security numbers, birth dates, birth places, home addresses and telephone numbers, email addresses, and bank account information, according to the lawsuit. A Treasury employee initially prevented DOGE workers from accessing those records, the department's Bureau of the Fiscal Service. But according to the lawsuit, once Bessent was confirmed, he placed that employee on leave and provided the DOGE crew with “full access to the Bureau's data and the computer systems that house them.” The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast on Apple Podcasts, Soundcloud, Spotify and YouTube.
This episode recorded in 2024 was with an esteemed guest, Erica Gaddy, MBA, Deputy Chief Financial Officer (DCFO) and Chief Risk Officer (CRO), U.S. Bureau of Fiscal Service and Former DCFO of U.S. Small Business Administration (SBA). On this first episode of the Leading Effective Team (LET) series, Erica shared her deeply insightful perspective on building and aligning a team to a vision as a leader. This series is designed to share the experiences of current leaders to assist new and aspiring leaders learn the core principles of leading teams successfully. Our host (Charles Moka Jr. ) and guest discussed the following: 08:48 - How to remain aware of the impact the people around you have within your team. 11:15 - How to develop a vision for your team or organization. 14:56 - How to manage challenges getting people aligned to an already established vision. 17:35 - Steps to creating a vision/mission for a project. 27:20 - How to communicate difficult messages to people and keep a team inspired to move project forward during challenging times. 33:35 - How to manage team members who refuse to accept a leader's decision on a team's direction or vision. 39:57 - How to emotionally and logically manage resistance from your team as a leader 47:44 - Erica's intriguing childhood experiences that has contributed to her mindset and career success as a leader. And so much more! Consider these actions: Follow our guest on LinkedIn (https://www.linkedin.com/in/erica-g-36305b8/) Share with us what you think about the episode on the comments section. Subscribe to be notified on the next episode. *Email principledmind@gmail.com for any inquiries or would like join as a guest/speaker or podcast sponsor*
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Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
When the Bureau of Fiscal Service created its annual progress report for fiscal 2023 it took a bit of a different tack. While the audience and purpose of the Fiscal Service's mission hasn't changed, the agency needed to more clearly highlight how it's accomplishing its three goals. Tim Gribben, the Commissioner of the Bureau of the Fiscal Service, tells Federal News Network executive editor Jason Miller about how the agency is improving federal fiscal efforts around ensuring good stewardship, creating a modern experience and improving delivery of services. Learn more about your ad choices. Visit podcastchoices.com/adchoices
When the Bureau of Fiscal Service created its annual progress report for fiscal 2023 it took a bit of a different tack. While the audience and purpose of the Fiscal Service's mission hasn't changed, the agency needed to more clearly highlight how it's accomplishing its three goals. Tim Gribben, the Commissioner of the Bureau of the Fiscal Service, tells Federal News Network executive editor Jason Miller about how the agency is improving federal fiscal efforts around ensuring good stewardship, creating a modern experience and improving delivery of services. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Modernizing digital services and making sure they stay secure requires good identity management. Especially if there is money or financial transactions involved. For how the Treasury's Bureau of the Fiscal Service approaches it, Federal Drive Host Tom Temin recently I spoke with Joe Gioeli, deputy commissioner for transformation and modernization. Learn more about your ad choices. Visit megaphone.fm/adchoices
Modernizing digital services and making sure they stay secure requires good identity management. Especially if there is money or financial transactions involved. For how the Treasury's Bureau of the Fiscal Service approaches it, Federal Drive Host Tom Temin recently I spoke with Joe Gioeli, deputy commissioner for transformation and modernization. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week, we present our season finale of How Government Built This! This year, our theme was "Strengthening and Empowering our People and Culture", and we looked at how applying the principles of Diversity, Equity, Inclusion and Accessibility (DEIA) can promote innovation within an organization.This week, our guest host is Jennifer Lasko, Human Resources Specialist and DEIA Advisor at the Bureau of Fiscal Service. She's joined by Melanie Krause and Justin Marsico to discuss how supporting employees in their training and upskilling efforts benefits everyone. Melanie is the Chief Data and Analytics Officer at the IRS while Justin serves as the Chief Data Officer at the Bureau of the Fiscal Service Thanks for listening to this season of How Government Built This, a miniseries produced in partnership with the Bureau of the Fiscal Service's Office of Financial Innovation and Transformation. For more from ACT-IAC, follow us on LinkedIn or visit http://www.actiac.org.
The Federal Reserve says its FedNow Service, a new system for instant payments similar to Venmo or CashApp, is now live. The Fed says that banks and credit unions of all sizes can use this tool to transfer money instantly for their customers, 24/7, all year round. Federal Reserve Chair Jerome Powell stated Thursday that FedNow will make everyday payments faster and more convenient, benefiting individuals and businesses. "Over time, as more banks choose to use this new tool, the benefits to individuals and businesses will include enabling a person to immediately receive a paycheck, or a company to instantly access funds when an invoice is paid," he said in a statement. 35 banks and credit unions, along with the U.S. Department of the Treasury's Bureau of the Fiscal Service, were already using it. According to the Fed, this new system will allow people to receive paychecks instantly and help businesses manage their cash flow efficiently. More financial institutions are expected to sign up for the service, providing customers with quick and secure instant payment options through mobile apps, websites, and other interfaces. Learn more about your ad choices. Visit megaphone.fm/adchoices
Justin Marsico, the Treasury Department's Bureau of the Fiscal Service's chief data officer, said a pilot program turned into a full-fledged training effort is helping to further instill the culture of data across the bureau.
Justin Marsico, the Treasury Department's Bureau of the Fiscal Service's chief data officer, said a pilot program turned into a full-fledged training effort is helping to further instill the culture of data across the bureau. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. government has issued a number of initiatives to make government data more widely accessible and useful — including the Federal Data Strategy, the Evidence Act and the Open Government Data Act. Federal technology officers are now making concerted efforts to implement policies to transform data into more valuable assets for their constituents and stakeholders. Justin Marsico, chief data officer at the Bureau of the Fiscal Service, and Michael Holck, vice president of software engineering at ICF, tell Scoop News Group's Wyatt Kash how government is making data more accessible. The Daily Scoop Podcast is available every Tuesday and Thursday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast on Apple Podcasts, Google Podcasts, Spotify and Stitcher. And if you like what you hear, please let us know in the comments.
We're back with a new season of How Government Built This! This year, our theme is "Strengthening and Empowering our People and Culture", and we'll be looking at how applying the principles of Diversity, Equity, Inclusion and Accessibility (DEIA) can promote innovation within an organization.This week, we're hearing from the members of the workforce at the Bureau of the Fiscal Service on the idea of "empowerment". Our guests this week came together from different departments of the Fiscal Service to participate in an innovation competition, the Fiscal Challenge. You'll hear from both team members and leadership about how the Challenge and broader concepts of employee empowerment have affected their work and culture. Guests:Tom Vannoy - Deputy Assistant Commissioner, Wholesale Security Services, Bureau of the Fiscal Service Team 1:Kuhu Parasrampuria - Attorney Advisor, Office of the Chief Counsel Grace Lim - Management and Program Analyst, Office of the Chief Data Officer Team 2: Dave Martie - Fiscal Analyst, Office of Fiscal ProjectionsMelissa Campisi - Executive Assistant, Wholesale Securities ServicesDonald Ricks - IT Project Manager, Program Management BranchStay tuned for more HGBT by subscribing on your favorite podcast platform! For more from ACT-IAC, follow us on LinkedIn or visit http://www.actiac.org.
The Treasury Department's Bureau of the Fiscal Service is looking to modernize the way the federal government does business — and giving agencies a status update on its goals through the end of the decade. Fiscal Service recently gave agency chief financial officers an update on progress made toward its financial management goals in fiscal 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Treasury Department's Bureau of the Fiscal Service is looking to modernize the way the federal government does business — and giving agencies a status update on its goals through the end of the decade. Fiscal Service recently gave agency chief financial officers an update on progress made toward its financial management goals in fiscal 2022. Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to the final episode of “How Government Built This,” a six-part podcast and blog post series developed by the Department of the Treasury's Bureau of the Fiscal Service Office of Financial Innovation and Transformation (FIT) in collaboration with The Buzz with ACT-IAC.This week, host Jesrael Lopez interviews Joe Gioeli III, Chief Information Officer at the Bureau of the Fiscal Service, and Nick Totten, Associate Chief Information Officer at the Department of the Treasury. They discuss Treasury's human-centered approach to digital transformation - that change is more about the people, interactions and processes that make up an organization, rather than the technology itself. Joe and Nick also discuss how to engage the workforce in the process and how to keep them invested.References:Bureau of Fiscal Service Future of Financial Management Vision Emerging Technology Community of Interest (COI) November 15th monthly meeting taking place from 10 AM to 11:30 AM covering the COI's Emerging Technology Accelerator. Emerging Technology COI working groups. To join a working group, please reach out to Nancy Delanoche (ndelanoche@actiac.org) National Use Case and Solutions Library open to government, academia, and industry for capturing emerging technology use cases: Department of Transportation blog and podcastSubscribe on your favorite podcast platform to never miss an episode! For more from ACT-IAC, follow us on Twitter @ACTIAC or visit http://www.actiac.org.
What is the mission of the U.S. Department of the Treasury's Office of Fiscal Service? How does the pandemic response compare to the recovery act response and what have we learned? How is Treasury's Office of Fiscal Service using innovative approaches to meet its critical mission? Join host Michael Keegan as he explores these questions and more with Dave Lebryk, Fiscal Assistant Secretary at the U.S. Department of the Treasury.
Treasury's Bureau of the Fiscal Service acts like a hub for the government's payments and collections. Now the bureau is looking to make more payments digitally and to prevent improper payments. It's is also creating a Chief Customer Office to oversee all of this modernizing. For more on all of this, Federal News Network's Jory Heckman spoke Tim Gribben, the bureau's commissioner.
Where once risk management was just a matter for the chief financial officer, now the bureau's entire senior leadership cadre is involved. Nicole Puri is the bureau's chief risk office and the past president of the Association for Federal Enterprise Risk Management. She tells executive editor Jason Miller about how enterprise risk management has spread into a range of agency functions, even budgeting.
What is the mission of the U.S. Department of the Treasury's Office of Fiscal Service? How does the pandemic response compare to the recovery act response and what have we learned? How is Treasury's Office of Fiscal Service using innovative approaches to meet its critical mission? Join host Michael Keegan as he explores these questions […]
What is the mission of the U.S. Department of the Treasury's Office of Fiscal Service? How does the pandemic response compare to the recovery act response and what have we learned? How is Treasury's Office of Fiscal Service using innovative approaches to meet its critical mission? Join host Michael Keegan as he explores these questions and more with Dave Lebryk, Fiscal Assistant Secretary at the U.S. Department of the Treasury.
FILIGHTER Episode 14 – I-Bonds SHOW NOTES Lets learn about I-Bonds from the US Treasury that are currently yielding 9.62% in May 2022 Treasury Direct Website May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov) *Gotta hold them at least 12 months *Three month penalty if held less than 5 years *Rates are set 2 times per year and hold for 6 months (Base Rate, currently Zero, and Inflation Rate, currently 9.62%) *Must purchase from TreasuryDirect.gov FILIGHTER WEBSITE and BLOG: www.filighter.com Facebook Group Email:lambothefilighter@gmail.com Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise. We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling. Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify) : Another Day – MJ Torrance FILIGHTER PODCAST LINKS: FILIGHTER on APPLE FILIGHTER on STITCHER FILIGHTER on SPOTIFY FILIGHTER on GOOGLE What is a Series I Savings Bond? A savings bond that earns interest based on combining a fixed rate and an inflation rate for up to 30 years. Twice a Year Rates are set and there are TWO Rate Components to a Series I Savings Bond: Fixed Rate Inflation Rate The Composite interest rate combines these two separate rates: A fixed rate of return, which remains the same throughout the life of the I bond. A variable semiannual inflation rate based on changes in the Consumer Price Index for all Urban Consumers (CPI-U). The Bureau of the Fiscal Service announces the rates each May and November. The semiannual inflation rate announced in May is the change between the CPI-U figures from the preceding September and March; the inflation rate announced in November is the change between the CPI-U figures from the preceding March and September. Because it combines two rates, the interest rate on an I bond sometimes is called the composite rate or the overall rate. 0.0% + 3.54% May 2021 0.0% + 7.12% Last November 2021 0.0% + 9.62% May of 2022 While the inflation rate can be negative, the composite rate floor is set to never be less than zero. The only two periods since 1998 that negative rates for inflation were used took place in 2009 and 2015. Using our 20/20 hindsight vision, Say between May 2000 and October 2000 you were buying an I-Bond, your two combination rates would be a FIXED RATE of 3.6% plus an Inflation Rate of 3.89% for a combined rate of 7.49% at the time. ROLL THE CLOCK FORWARD TO TODAY, and that base rate bond of 3.6% and the new 9.62% Inflation Rate would take you to 13.39% composite rate for your bond. How would you like more than 13% rates on a US Government backed savings bond? Just FYI the last time you could have bought a bond with a fixed rate above zero, was November 2019 through April of 2020. During that 6-month period, the fixed rate was zero point two percent. 0.2% or 20 basis points in financial rate lingo. A basis point is 1/100th of one percent. May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov) If you purchase a bond during the 6-month window your bond will receive the current rate for 6 months then interest at the end of the period will be compounded to your balance semi-annually and invested at the then new rate for the next 6 months. If you bought a bond today, May 24th, 2022, your bond would reset rates every May 1st and November 1st If you bought on 4th of July, your rates would reset each July 1st and January 1st There are some opportunities to either report income earned annually, or all at the time the bond is cashed out. There are some key points to know before buying a Series I Savings Bond: 1) You must hold it for at least a year. 2) If you cash out in less than 5 years, you forfeit the last 3 months interest. 3) When the bond is 30 years old, or at maturity, the bond no longer earns interest. Sounds great right? So want to buy some? Easy does it wrangler…. How do you buy a Series I Savings Bond, or I Bonds for short…. Go to Treasurydirect.gov and research the I-Bond (There are other types of bonds, notes, and bills but we are going to limit our scope today to I-Bonds) Create an Account Your account when set up will be linked to a bank account that transactions will utilize. When you purchase a bond, the funds will be drafted from the account, when you redeem or cash out of a bond, the funds will be deposited into your account. Once your account is created, you have several options to purchase I bonds: LIMITS – There is a $10,000 limit per person per calendar year. The only way to buy more than $10,000 is to utilize an IRS Refund to purchase a paper bond up to an additional $5000. This may be the ONLY good reason to overpay your federal income taxes. When you file your tax return include IRS FORM 8888 and purchase as little as $50 or as much as $5000 in multiples of $50 increments. MIMIMUMS, $25 on Electronic and $50 on Paper – remember paper can only be purchased with a Federal Tax Refund Lump Sum Purchase, Log in and decide on an amount and buy it all at once. This is the method I used and frankly it was probably the simplest, one and done for the year. Payroll Savings Plan Like direct deposit in your checking or savings account, you can purchase I-Bonds directly by payroll deposit. There are more instructions on the Treasury Direct site if you are an individual or employer and want to better understand the set up. If I still had W-2 Income, this may be a great way to automate the purchases. The other nice though on the back side when selling each of these bonds will mature at a different time and can be used to meet expenses later, say when funding a child's education or your own retirement expenses. Schedule Purchases Recurring options: Weekly, Biweekly, every other week Monthly, Bi-monthly, every other month Quarterly, Semi-annually, every 6 months and Annually Schedule your own dates Birthday every year Monthly except June and November when Property Taxes are due (in Texas) and funds are needed elsewhere Basically, you can automate and utilize the site to buy whenever you want. OWNERSHIP – before you purchase a bond you will need to decide if the ownership will be either: Sole Owner Primary Owner Beneficiary In our case, I set up my I-Bonds as myself as First Named Registrant and my wife as Second-Named registrant Payable on Death You will need a Tax ID number for each owner listed, in my case that is my Social Security Number Other Options: GIFTS – you can set up a gift box and purchase bonds for someone else. Say your children, grandchildren, or anyone else. They will need to set up a Treasury Direct Account and provide the number to you for your transfer of the bonds from your gift box into their account. The rate is set at the time you buy the bond for the gift, so if you want to lock in the 9.62% current rate, be sure to buy the gift bond before the end of October 2022. At the time the gift bond is transferred it counts against the recipients limit for the calendar year. It may be a good idea to let a recipient know you intend to purchase an I-bond and be sure they have not already used up their max $10,000 for the year. Some vloggers on you-tube get creative with the ways this can be manipulated. For instance, they buy bonds for their spouse as a gift to lock in rates but don't transfer it out of their gift box until the following year. Kind of like the gift box is LIMBO and those don't count against the giver or receiver limits until they are transferred. I AM NOT SUGGESTING anyone game the system, just that it is best to clearly understand the rules and complications and when you play with fire you might get burned if you don't dot all the “I”s and cross all the “T's”. How do you know if these are something that fit into your portfolio? Does your Strategic Asset Allocation include a Fixed Income Component? Most asset allocations include components for EQUITIES, FIXED INCOME, and CASH If a portion of your allocation goal is FIXED INCOME, consider if I-Bonds make sense as a portion of your target allocation. Do your diversification goals within Fixed Income include Inflation protected components? For instance, if you hold the Vanguard BND ETF there is not specific inflation indexed bonds withing the portfolio, but if you hold VTIP Vanguard Short-Term Inflation Protected Securities Index Fund ETF shares, you already have exposure to inflation protected financial instruments. If you routinely Rebalance your portfolio, these bonds may not be sellable (Less than 12 months, or less than 5 years (3-month penalty) so consider these as a longer term component of your allocation and perhaps sell a bond mutual fund or ETF to accomplish the goals of rebalancing by Asset Allocation. I have been interested in I-bonds since the coverage started in May 2021 when the rate was 3.54%. When the rate went to 7.12% we made our first purchases in November 2021. Then again on the first of January, we purchased additional bonds. The November purchases reset to 9.62% this month, May 2022 and the January purchases will reset in July to 9.62%. Many bloggers published content as to whether you should buy at the old rate before the reset to push out the tail on higher rates as inflation declines. It makes little difference to me, and I like to employ my Half Right Half Wrong philosophy, if you think it makes a difference buy half before and half after. You will be “right” if there is such a thing on half of your purchase and can you really be “WRONG” for buying at 9.62%? You will get 6 months of each rate once you buy as long as you hold the bonds up until 30 year maturity. What are other factors to consider in your purchase decision? You will have to set up ANOTHER account You will need to let your financial advisor know you have holdings in a treasury direct account for purposes of any allocation or rebalance planning. If you are very risk averse, the fact that the US Government stands behind these bonds will help you rest easy at night. When you are in a drawdown stage, these will have to be sold separately from your other asset or investment accounts. Liquidity, if you need your money back over the short term (less than a year) they are not for you, or at least the portion you need on the short term. It may make sense to buy and hold for 18 months and then liquidate, you will receive the interest and some compounding but give up the last 3 months interest. Look into I-Bonds, they could be a good fit, or not! Hopefully this is now a topic that is no longer something you didn't know you didn't know.
Somehow the national debt has managed to reach $28 trillion. But, where is it? It's in a set of electronic schedules maintained by the Treasury Department's Bureau of the Fiscal Service. In auditing the government's financial statements for 2021, the Government Accountability Office found a flaw: a deficiency in the information system controls. With what it is and the implications, the Federal Drive with Tom Temin turned to the GAO's director of financial management and assurance, Cheryl Clark.
On this episode we chat with Michelle Yanok from the Bureau of the Fiscal Service and the Mid-Ohio Valley Chapter about recruiting the next generation of accountability professionals!
On today's episode of The Daily Scoop Podcast, the Cybersecurity and Infrastructure Security Agency is looking for a protective email service to secure the .gov domain. Debate begins today on the Senate's version of the National Defense Authorization Act, as Congress looks to pass another continuing resolution this week. Bill Greenwalt, nonsenior resident fellow at the American Enterprise Institute and a founder of the Silicon Valley Defense Group, discusses the hurdles in the way as Congress debates the defense bill without a budget passed for the new fiscal year. Sanjay Sardar, senior vice president for digital transformation and IT modernization at SAIC and former chief information officer at the Federal Energy Regulatory Commission, explains how agency leaders can look to implement the new president's management agenda vision while still delivering on-mission daily. The Bureau of the Fiscal Service is modernizing its data sets to make fiscal information more accessible to the public. The Bureau of the Fiscal Service's Chief Data Officer and Deputy Assistant Commissioner Justin Marsico joins Scoop News Group's Wyatt Kash to discuss what that process looks like. This interview is part of Scoop News Group's “Accelerate Innovation with Data and Analytics” series, sponsored by AWS. The Daily Scoop Podcast is available every weekday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast on Apple Podcasts, Google Podcasts, Spotify and Stitcher. And if you like what you hear, please let us know in the comments.
The Treasury Department's Bureau of the Fiscal Service is testing out ways to streamline grant payments through blockchain. The bureau is partnering with the National Science Foundation to help reduce the reporting burden for grant recipients while improving transparency around federal spending. For an update on this work, Federal News Network's Jory Heckman spoke with the Acting Assistant Commissioner for the Office of Financial Innovation and Transformation, Adam Goldberg, and got comments from Craig Fisher, a supervisory program manager in that same office. Hear the interview on the Federal Drive with Tom Temin.
On this episode, we talk with Naomi Miller and Stephen Keller about the Fiscal Service Challenge, a Bureau of the Fiscal Service competition open to all staff where they use data analytics tools to collaborate and answer a challenging question. This year the question was how would the Bureau's carbon footprint be affected by 100% telework?
The Biden administration has a new zero trust draft strategy in response to major cyber attacks on US networks in the last year. Chris DeRusha, federal chief information security officer, said there previously was not a clear roadmap for agencies to follow. Meanwhile, as the Quality Service Management Office (QSMO) for federal financial management continues to outline its long-term strategy, the Bureau of Fiscal Service isn't forgetting about the last two decades of work. Matt Miller, the acting commissioner for the Bureau of Fiscal Service in the Treasury Department, said four legacy federal shared service centers will play a big role in this long-standing effort. Miller and DeRusha spoke to Federal News Network Executive Editor Jason Miller on this week's Ask the CIO.
The Treasury Department's Bureau of the Fiscal Service sees an opportunity to catch up, after spending much of the pandemic getting payments out to the public. In a letter to the agency's financial staff, agency executives say they're looking to disburse nearly all payments electronically by 2030. And to flag more improper payments, and modernize its data. For more, Federal News Network's Jory Heckman spoke with the commissioner Tim Gribben
On October 14th, ACT-IAC's Emerging Technology and Acquisition Communities of Interest (COIs) will be hosting a Shark Tank competition focused on making acquisitions easier, faster, and simpler. Government agencies, academia, and industry will have an opportunity to pitch ideas on how federal government can leverage emerging technologies to solve federal acquisition challenges. On this episode, to cover the competition in more detail and provide an overview of the submission process, The Buzz is joined by Mike Rice, Co-Founder of CornerStone IT, LLC, and Cindy Good, Management and Program Analyst for the Bureau of Fiscal Service's Office of Financial Innovation and Transformation. All pitches for the competition are due on September 20, 2021, here. Not pitching, but plan to attend? Make sure to register here. In order to help inform the development of potential participant's pitches, the Emerging Technology COI's Primers and Playbooks are available for review - listed below are links to each of the documents. Along with this, potential participants can review emerging technology use cases from across the government via the National Use Case & Solutions Library (NUCSL) here. Have questions? Chat us on our event page here: https://lnkd.in/e2Z5EM2p. Primers and Playbooks Blockchain Primer: https://lnkd.in/ez9Nusk Blockchain Playbook: https://lnkd.in/e8eqEBn AI Primer: https://lnkd.in/e2RRhSp AI Playbook: https://lnkd.in/eP2SRXZ Intelligent Automation Primer: https://lnkd.in/eZD6nbh Intelligent Automation Playbook: https://lnkd.in/e2G2FfZ Did you know? The Emerging Technology COI's AI frameworks were recently covered in Forbes! Check out the article here.Subscribe on your favorite podcast platform to never miss an episode! For more from ACT-IAC, follow us on Twitter @ACTIAC or visit http://www.actiac.org.
On this episode, Paul and Tal chat with Karen Weber from the Department of the Treasury, and Nicole Puri at the Bureau of the Fiscal Service about ERM at the Treasury!
CX Community of Interest leader Brian Whittaker hosts another interview with a customer experience difference-maker in the federal government.This week, Brian sits down with Amber Chaudhry, Customer Experience Lead at the Bureau of the Fiscal Service.They discuss Amber's work streamlining customer experience at her previous role at the SBA, adjusting to a new workplace during the pandemic, and breaking down data silos to see a more complete picture of customer sentiment. Amber's LinkedIn: https://www.linkedin.com/in/amberchaudhry/Subscribe on your favorite podcast platform to never miss an episode! For more from ACT-IAC, follow us on Twitter @ACTIAC or visit http://www.actiac.org.
The Treasury Department's Bureau of the Fiscal Service laid out its most complete vision of what the future of financial management shared services will mean to agencies and vendors. The second request for information outlined the role of the Quality Service Management Office (QSMO) and how it hopes to reach the right mixture of standardization and flexibility. For when and how this will all become available to agencies, Federal News Network's Jason Miller spoke with the Bureau's acting commissioner, Matt Miller, on Federal Drive with Tom Temin.
Federal data isn't much use if no one can find it. Many chief data officers are running inventories of their data, saying they've got a battle getting their agencies to think critically about it. The Treasury Department's Bureau of the Fiscal Service is also assessing the maturity of its data and trying to make it more shareable. The bureau's CDO Justin Marsico works closely with its chief information officer to balance data security and availability inside and publicly. For more on getting a CDO office up and running Federal News Network's Jory Heckman spoke with Marsico on Federal Drive with Tom Temin.
The Treasury Department's Bureau of the Fiscal Service is showing other federal financial agencies how technology can help them replace paperwork. The bureau has published what it calls a Digital End-to-End Efficiency strategy, that walks agencies through how to identify workflows ripe for automation, and how to squeeze out the most cost. For more, Federal News Network's Jory Heckman spoke with innovation program manager Craig Fischer, but first you'll hear from a management and program analyst with the bureau's Office of Financial Innovation and Transformation, Cindy Good.
The COVID-19 pandemic has been an economic disaster for many families and businesses. The U.S. Treasury Department, the Bureau of Fiscal Service and the Internal Revenue Service have issued several rounds of economic relief payments to those that qualify. Read the full article here: https://www.oflaherty-law.com/learn-about-law/u-s-economic-impact-payments O'Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a case or would like to speak to one of our attorneys after watching a #LearnAboutLaw video, give us a call at (630) 324-6666 or send us an email at info@oflaherty-law.com to get in contact with someone from our team. Subscribe to our channel for daily videos dedicated to all things law and leave a comment with any questions about this topic. Find us online for more legal content and to stay connected with our team - Website: https://www.oflaherty-law.com/ - LinkedIn: https://www.linkedin.com/company/oflahertylaw - Instagram: https://www.instagram.com/oflahertylaw - Facebook: https://www.facebook.com/oflahertylawGroup/ **None of the content in this series is intended as paid legal advice. In this video, we discuss the various Acts authorizing economic relief payments that have been enacted in response to the pandemic and eligibility, including the: Coronavirus Aid, Relief and Economic Stimulus (CARES) Act Tax Relief Act of 2020 American Rescue Plan Act of 2021
It was reported last week that at least two groups of hackers linked to China have spent months taking advantage of a flaw in Ivanti's Pulse Connect Secure VPN suite to break into what was defined as a ‘very limited number' of customers' systems — but which included at least five federal civilian agencies and financial institutions in the U.S. and beyond. Hackers were able to break into the devices as they were being used. More from Reuters. Hackers suspected to be linked to China have exploited vulnerabilities in Ivanti's Pulse Connect Secure VPN products targeting multiple government agencies, defense companies, and financial institutions in the U.S. and Europe. Cybersecurity company FireEye, (who also discovered and reported the recent SolarWinds hack) reported tracking 12 malware families associated with the exploitation of Pulse Connect Secure VPN devices. All of this malware was related to circumvention and backdoor access and circumvention to the VPN devices. China-linked Hackers use Pulse Connect Secure VPN Flaw to Target US Defense Industry Researchers FireEye's Mandiant reported on April 20th that they believe multiple threat actors are involved in the attack, and that these intrusions targeted government, defense, and financial institutions globally. Each instance of hacker activity was ultimately traced back to the Pulse Connect Secure VPN devices. It's probably also important to note here that Pulse Connect's parent, Ivanti, has contracts with the Nuclear Regulatory Commission, the Pentagon, the Bureau of Fiscal Service, and the Coast Guard. Check Vulnerability and Patch Your Pulse Connect Secure VPN Devices In acknowledging this attack, CISA issued an advisory on April 20, 2021, advising that Ivanti has developed a checker tool or an ‘Integrity Tool' that can be used by any agency using the Pulse Connect products to check their vulnerability and strongly encourages all Pulse Secure customers to use the took to check for malicious activity. While the initial press around this hack has worked to minimize damage, CISA has identified 24 federal civilian agencies that use Ivanti's Pulse Secure Connect VPN devices and issued a directive last week that every agency using these devices figure out how many VPN devices they have and also that they run Ivanti's ‘integrity tool' to determine whether or not they are at risk, and report back to the agency. It was announced today that Ivanti has released a security update for the Pulse Connect Secure, addressing a new authentication bypass. Ivanti urges customers using Pulse Connect Secure 9.0RX and 9.1RX to immediately upgrade to Pulse Connect Secure 9.1R11.4, which fixes the vulnerability.
Child Support Made Simple - Strategies to Escape the Title 4D Program.
Child Support agency has a RECIPROCAL AGREEMENT with the Internal Revnue Service to collect money from fathers' tax refund. This is the called the Offset of Tax Refund Payments against fathers who owes past-due support.The offset funds from a fathers tax refund are forwarded to the State enforcing the collection of the past-due support. 31 CFR §285.3The Department of the Treasury will conduct the tax refund offset program as part of the centralized offset program, known as the Treasury Offset Program, operated by the Bureau of the Fiscal Service, a bureau of the Department of the Treasury.Child Support Lawsuit Simplified. We teach you strategies and techniques to free yourself of judicial misconduct from the State and Federal. The guarantee is YOURS.----- ❤️ Please Support The Research ----------
AI Today Podcast: Artificial Intelligence Insights, Experts, and Opinion
The Federal Government continues to modernize their management of data, including data governance and analytics. In the episode of the AI Today podcast we interview Justin Marsico who is the Chief Data Officer at the Bureau of the Fiscal Service, a part of the United States Department of the Treasury. Justin oversees the Fiscal Service’s provision of data to the public, including on USAspending.gov and shared with us some of the unique opportunities around data at the federal level, challenges in data governance, security, ownership, as well as what areas of seeing AI he sees effectively being used in the federal government. Continue reading AI Today Podcast: Challenges in Federal AI Adoption, Interview with Justin Marsico, Chief Data Officer at the Bureau Of The Fiscal Service at Cognilytica.
This week on the ATARC DevSecOps Coffee Chat, we have the pleasure of speaking with Justin Marsico. Marsico shares his experience and insights with us as the Chief Data Officer / Deputy Assistant Commissioner at Bureau of the Fiscal Service.
Federal blockchain innovator Craig Fischer discusses the current project at US Treasury's Bureau of the Fiscal Service to relieve the burden of grant reporting through multiple layers of sub-recipients.
Agencies are getting better at managing their enterprise risks. That is maybe the most important and most expected takeaway from the latest survey by the Association of Federal Enterprise Risk Management. For some common factors that make a risk management program successful, executive editor Jason Miller spoke with David Fisher, the former Chief Risk Officer of the IRS who now leads the Risk Consulting practice at Guidehouse. And with the president-elect of the Association of Federal Enterprise Risk Management and the Chief Risk Officer at the Bureau of the Fiscal Service, Nicole Puri.
Two years after setting goals to modernize the federal financial system, the Treasury Department’s Bureau of the Fiscal Service says it sees the strategy pay off. The bureau worked alongside the IRS to get more than 160 million coronavirus relief payments to taxpayers, all with most of its workforce teleworking. For more on how the pandemic accelerated its IT modernization efforts, Federal News Network’s Jory Heckman spoke with the bureau’s Chief Technology Officer, Joseph Gioeli.
In this July 11 stimulus update I go over what to do if you used the IRS Non-Filers Tool even though you have a 2019 filing requirement, what the Bureau of the Fiscal Service is doing to stimulus checks made to dead people and other ineligible individuals, and what Larry Kudlow supposedly said about the next round of stimulus checks being less than $1,200.
The Bureau of the Fiscal Service plans to transform the state of federal financial management within the next decade. The five-point strategy includes making the bureau a greater provider of shared services, and using the data it collects to provide greater insight to government spending. Commissioner Tim Gribben tells Federal News Network's Jory Heckman how much progress the bureau has made two years into this strategy.
Tim Gribben, commissioner of the Bureau of the Fiscal Service, discusses their new report on federal spending, and what it says about the future of finances in government. Stuart McGuigan, Chief Information Officer at the Department of State discusses IT priorities at the agency, and the ‘sweet spot’ between cloud and agile technology. Francisco Salguero, chief information officer at the Federal Communications Commission, discusses the agency’s IT strategy and how their new headquarters will help improve their IT infrastructure.
The Bureau of the Fiscal Service's activities and scope are crucial to federal operations, yet it remains obscure to most feds. Its Commissioner, Timothy Gribben, is a respected finance professional with both government and private sector experience. Now he's been named a fellow of the National Academy of Public Administration. Gribben joined Federal Drive with Tom Temin to talk about his work.
Megan Furman, deputy director of the Defense Digital Service, discusses priorities at the organization, and how their programs are improving technology and cybersecurity at the Department of Defense. Karen Evans, Assistant Secretary for CESER at the Energy Department, discusses overhauling their cyber toolkit, and why they want to hear industry’s comments. Tim Gribben, commissioner of the Bureau of the Fiscal Service, discusses the Treasury’s 10-year vision, and examining the use of data analytics in financial decisions.
Federal agencies are turning to intelligent automation to streamline business processes and empower their workforce to tackle more complex issues. However, preparing bots for life in the office takes foresight and planning. In this episode, we are joined by Gisele Holden, Financial Systems Branch Chief and iTRAK Program Manager at the National Science Foundation, and Craig Fischer, Innovation Program Manager for the Bureau of the Fiscal Service. They share their experience leading automation programs at the enterprise level, including building the business case, implementing the technology and preparing the workforce for successful adoption.
Agencies submit $4 trillion worth of spending data to USASpending.gov each year. The Treasury Department's Bureau of the Fiscal Service finds trends in the data. The bureau recently launched a new tool to track federal investment specifically in higher education. Justin Marsico, deputy assistant commissioner for data transparency and the founder of the bureau's Data Lab, told Federal News Network's Jory Heckman what the bureau looks to accomplish by tracking all this spending data. Hear more on Federal Drive with Tom Temin.
As agencies have more data than they know what to do with, a new tool from the Bureau of the Fiscal Service should help the public keep tabs on government spending. The online tracker, called Your Guide to America's Finances, collects data on commonly-asked questions about federal revenue and spending. Daniel Cain is the bureau's deputy assistant commissioner for Data Transparency. Justin Marsico is the product manager of Research and Analytics for Data Transparency. They spoke with Federal News Network's Jory Heckman on Federal Drive with Tom Temin.
Fiscal Service Launches Citizen Guide to U.S. Government Finances- April 16, 2019 by WJLA-TV
As digital payments become the norm the Bureau of the Fiscal Service is looking to issue millions fewer paper checks. That's one part of the bureau's recent progress statement, which serves as a road map for meeting some of its goals under the President's Management Agenda. John Hill is the bureau's assistant commissioner at the Office of Financial Innovation and Transformation. He told Federal News Network's Jory Heckman how this road map will modernize the bureau. Hear more on Federal Drive with Tom Temin.
Amid a push to make government data more accessible, the Treasury Department's Bureau of the Fiscal Service is moving away from so-called structured data silos in favor of an open data lake approach. Tony Peralta, the agency's data architect, told Federal News Network's Jory Heckman how the Bureau hopes this will yield more value out of its data. Hear more on Federal Drive with Tom Temin.
Amid a push to make government data more accessible, the Treasury Department's Bureau of Fiscal Service is moving away from so-called structured data silos in favor of an open data lake approach. Tony Peralta, the agency's data architect, told Federal News Network's Jory Heckman how the Bureau hopes this will yield more value out of its data. Hear more on Federal Drive with Tom Temin.
It's been more than three years since the then White House cyber czar Michael Daniel said he wanted to kill the password... kill it dead. But most citizen and business facing sites continue to rely on username and passwords to validate the user's identity. This is why the Treasury Department's Bureau of Fiscal Service is taking on user authentication, which many consider one of the most challenging technology projects the federal government has faced over the last 20 years. Marshall Henry, a program manager in the Office of Financial Innovation and Transformation in the Bureau of Fiscal Service, told Federal News Network executive editor Jason Miller on Federal Drive with Tom Temin all about the bureau's effort to stamp out the password.
Brett Mansfield, senior adviser to the principal deputy inspector general at the Department of Defense, discusses the top management challenges to solve at the Pentagon. Richard Spires, former chief information officer at the Internal Revenue Service and CEO of Learning Tree International, discusses takeaways from a new congressional cybersecurity report, and the importance of securing open source software. Mika Cross, federal workplace expert, discusses new strategies for managing the growing government workforce, and how small changes now can create long term solutions. The Bureau of the Fiscal Service is researching how new technologies can aid their mission. In this Quick Cut, Colby Hochmuth explains how the agency is leveraging Robotic Process Automation and blockchain to promote high value work and improve asset management.
Treasury's Fiscal Service releases Antifraud Playbook- November 29, 2018 by WJLA-TV
Agencies may finally be able to answer the question that's eluded financial managers for years: How many of their improper payments are actually fraud? The CFO Council and the Treasury Department have teamed up to provide agencies with a roadmap to get to that often difficult calculation. Tammie Johnson, program and management analyst at the Bureau of Fiscal Service in the Treasury Department and Linda Miller, director at Grant Thornton, tell Executive Editor Jason Miller about the new anti-fraud playbook released last week on Federal Drive with Tom Temin.
The Treasury Department issued a new 10-year vision for federal financial management focused on making improvements across four broad areas. At the heart of many of those improvements will be technology changes and offerings from the Bureau of the Fiscal Service. Kim McCoy is the commissioner of the Bureau of the Fiscal Service in the Treasury Department. She told Executive Editor Jason Miller on Federal Drive with Tom Temin about the 10-year vision and how it will transform the role of the federal CFO.
The Treasury Department issued a new 10-year vision for federal financial management focused on making improvements across four broad areas. At the heart of many of those improvements will be technology changes and offerings from the Bureau of the Fiscal Service. Kim McCoy, the commissioner of the Bureau of the Fiscal Service in the Treasury Department, tells Executive Editor Jason Miller on Federal Drive with Tom Temin, about the 10-year vision and how it will transform the role of the federal CFO.
This week of FedHeads, Robert and Francis talk to Justin Marsico and Renata Maziarz from the Treasury Department's Bureau of the Fiscal Service about the relaunch of USASpending.gov with additional capability called Data Lab. http://www.usaspending.gov/ https://datalab.usaspending.gov/ About FedHeads FedHeads are Robert Shea and Francis Rose, who love to talk about the arcana of government management and the people who are trying to make it better. They don't have t-shirts yet, but are open to ideas. If government is your bag, you've got to listen to 'em. They're the FedHeads.
A lot of federal technologists have the feeling that somehow, blockchain online ledger technology could help their agencies. But they are not sure how. Some possible answers might be coming from the Treasury Department's Bureau of the Fiscal Service. They have just completed a blockchain proof of concept. Innovative Program Manager Craig Fischer joined Federal Drive with Tom Temin with more details.
The Treasury Department, as keeper of the nation's financial integrity, keeps an eye on currencies the world over, including cryptocurrencies. Now it's looking into potential uses for blockchain, the online ledger system that enables cryptocurrencies and many other types of transactions. Craig Fischer, a program manager, and John Hill, assistant commissioner for Financial Innovation and Transformation, are both from Treasury's Bureau of the Fiscal Service. They join Federal Drive with Tom Temin as part of the series, What's Going on with Blockchain?
With all the challenges of moving to shared services agencies face, the Treasury Department has one of the biggest success stories. The Invoice Processing Platform is demonstrating both the benefits and savings envisioned by the Trump administration and its predecessors. Ronda Kent, the assistant commissioner for Payment Management at the Treasury Department's Bureau of Fiscal Service, tells Executive Editor Jason Miller about why both agencies and vendors benefit from centralized management of federal invoices. He joins Federal Drive with Tom Temin with an update.