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- How the Small Business Administration Partners with Historically Black Colleges and Universities
- Rural Hospital Closures Create More Distance Between Residents and Care
- Vaccine Distribution, Supply Chain, Testing Still Present Challenges in Federal Pandemic Response
- Move Over! How Are Governments Trying to Protect First Responders From Roadside Crashes? (video)
- How GAO’s Recommendations Can Help the New Congress and President
- COVID-19 Vaccines and the Lessons Learned from H1N1
- Recent Cyberattacks Further Highlight Need For Action
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Tag Archives: Treasury Department
How Can the Federal Government Strengthen Its Response to COVID-19?
Today’s WatchBlog looks at our third report on the implementation of the CARES Act and other pandemic relief measures. The report outlines the many effective steps the Administration and the Congress have taken to address issues, and identifies further steps … Continue reading
Posted in About GAO, Collections, Coronavirus
Tagged Centers for Disease Control and Prevention, Centers for Medicare & Medicaid Services, Coronavirus, Department of Defense, Department of Education, Department of Health and Human Services, Federal Emergency Management Agency, FEMA, health care, Internal Revenue Service, IRS, Nikki Clowers, pandemic response, podcast, Treasury Department
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The growing use of economic sanctions
The U.S. government has increasingly used economic sanctions as a tool to combat threats to U.S. interests. For example, in recent weeks, the government has sanctioned companies for supporting a Venezuelan regime deemed by the United States to be illegitimate, … Continue reading
Deterring Financial Crime with the Bank Secrecy Act
Money laundering, terrorist financing, and other illicit activities pose threats to national security and the integrity of the U.S. financial system. The Bank Secrecy Act (BSA) requires financial institutions—such as banks and money transmitters—to verify customers’ identities and report suspicious … Continue reading
Posted in Financial Markets and Institutions
Tagged Anti-money laundering, Bank examination, Bank secrecy, Bank supervision, Compliance oversight, crime, Crime prevention, Electronic funds transfer, FBI, Federal Reserve, Financial Crimes Enforcement Network, financial institutions, Financial Markets and Community Investment, financial regulation, financial regulators, Financial services regulation, law enforcement, Michael Clements, money laundering, Regulatory burden, Suspicious activities, Treasury Department, White collar crime
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Finding Common Ground on Flood Insurance Reform
As we enter the peak of hurricane season, many homeowners have wisely chosen to protect their properties by purchasing flood insurance. However, the nation’s taxpayers remain largely unprotected as the National Flood Insurance Program (NFIP) is poised to continue to … Continue reading
Posted in Budget and Spending, Financial Markets and Institutions, High Risk List, Housing
Tagged Alicia Puente Cackley, Congress, financial solvency, flood, flood insurance, flood risk, flooding, FMCI, full-risk premiums, insurance, insurance premiums, means-based subsidies, National Flood Insurance Program, NFIP, property owners, Treasury Department
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Is the Cloud Saving the Government Money?
Have you ever wondered how the federal government provides important public services—like helping secure major sporting events or providing public access to weather data? Or how the Treasury manages supplies for printing currency, or the military transports cargo around the … Continue reading
Posted in Information Technology
Tagged Carol Harris, cloud computing, cloud services, DOD, IT, IT investments, IT services, ITC, National Oceanic and Atmospheric Administration, Office of Management and Budget, OMB, Social Security Administration, SSA, State Department, Treasury Department
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Achieving Financial Benefits—One Action at a Time
Since 2011, we’ve outlined actions federal agencies and Congress can take to reduce fragmentation, overlap, and duplication in federal programs and activities—work that resulted in $56 billion in financial benefits to the federal government between fiscal years 2010 and 2015 … Continue reading
Working toward Implementing the DATA Act
Federal agencies spend more than $3.7 trillion a year. But it’s not always easy to get reliable, useful, and consistent information about this spending—information that can help improve oversight, decision making, and transparency. So, Congress passed the Digital Accountability and … Continue reading
Posted in Auditing and Financial Management, Budget and Spending, Government Operations
Tagged DATA Act, deadline, Department of the Treasury, Digital Accountability and Transparency Act of 2014, federal spending, FMA, implementation plans, Office of Management and Budget, OMB, Treasury, Treasury Department
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Using Money When You Can’t See It
How does someone who is visually impaired distinguish a $1 bill from a $5 or a $20? It’s nearly impossible—U.S. paper currency is all the same size, same general design, and has the same texture. But there’s also no simple … Continue reading
The National Flood Insurance Program: a High-Risk Business
The National Flood Insurance Program (NFIP) is a key component of the federal government’s efforts to limit the damage and financial impact of floods. However, it likely will not generate sufficient revenues to repay the billions of dollars borrowed from … Continue reading
Posted in Graphic, High Risk List
Tagged debt, Federal Emergency Management Agency, FEMA, financial solvency, flood, flood insurance, FMCI, GAO, government accountability office, high risk, homeland security, Hurricane Katrina, Hurricane Rita, loan, National Flood Insurance Program, NFIP, Treasury, Treasury Department, usgao
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