Agencies shouldn't initiate new development spending on federal financial management systems worth more than $20 million until the Office of Management and Budget has reviewed spending plans, states... Read more...

A federal directive to cut data center costs will likely result in a culling of the contractor workforce, said Michael Duffy, Treasury Department chief information officer and co-chair of White... Read more...

Malicious code was discovered on three Treasury Department websites on May 3 and by the next morning the infected sites had been closed, allegedly for cleaning, according to Roger Thompson, chief... Read more...

Changing federal financial management systems away from strict accounting tools to dynamic repositories of spending data will require cloud computing, say two former government officials. In the... Read more...

Federal financial management is poised to undergo a new wave of transformation, say former information technology and financial management federal officials. With the closing of the Financial Systems... Read more...

Congress is working on legislation to create a database for the Treasury Department to monitor and oversee how money is being spent in the Troubled Asset Relief Program (TARP). The idea is to... Read more...

Don't spend your federal IT dollars like you've got all the money in the world. You don't, and federal IT budgets are predicted to grow more slowly over the next several years, according to a new... Read more...

If Congress approves legislation to overhaul the financial regulatory system and tighten oversight, it may also beef up the information technology services needed to do the job. A House Financial... Read more...

A group of security companies report that most federal agencies are ignoring security precautions aimed at not only stopping emails from being infected with a virus or being hacked, but also at... Read more...

The Treasury Department intends to use technology to keep track of how banks and financial institutions use funds from the government's financial rescue program. There have been plenty of disclosures... Read more...