The Federal Housing Finance Agency’s office of the inspector general has issued a report outlining the cloud migration efforts of the government’s two housing loan programs, Freddie Mac and Fannie Mae, Nextgov reported Friday.
Read More »Report: Alma Cole Returns to CBP as Chief Info Security Officer
Alma Cole, formerly vice president of Robbins Gioia‘s cybersecurity business, has rejoined the Customs and Border Protection as chief information security officer and executive director of the cybersecurity directorate at CBP, MeriTalk reported Wednesday. Morgan Lynch writes Cole succeeded former CBP CISO Shaun Khalfan, who left the agency in January to …
Read More »CBO: US Budget Shortfall at $397B After 9 Months of FY 2016
A Congressional Budget Office report shows the federal government’s budget deficit for the first nine months of fiscal 2016 reached $397 billion, up $81 billion from the shortfall recorded for the same period in fiscal 2015. CBO said Friday that revenues grew one percent to about $2.5 trillion and expenditures increased by four percent to $2.9 trillion over the past …
Read More »CBO: Budget Deficit at $285B After Seven Months of FY 2015
A new Congressional Budget Office report says the federal government’s budget deficit sat at $285 million after seven months of the current fiscal year, a figure $22 billion lower from the prior year period. In a report published Thursday, CBO also says that the government’s receipts and outlays from October 2014 to April 2015 are both …
Read More »Mel Watt: Private Sector Not Ready for Freddie, Fannie to Leave Housing Market
Mel Watt, director of the Federal Housing Finance Agency, said Sunday that Fannie Mae and Freddie Mac should not leave the housing market until private firms are ready to step into the two organizations’ roles, Reuters reported Sunday. Watt told C-SPAN in a “Newsmakers” program interview that the government-backed mortgage …
Read More »John Koskinen Confirmed as IRS Chief
John Koskinen, a former chairman of Freddie Mac and city administrator for Washington, D.C., was confirmed by the Senate in a 59-36 vote Thursday to become the next Internal Revenue Service commissioner, Bloomberg reports. Richard Rubin writes Koskinen will serve a four-year term through November 2017 and becomes the agency’s …
Read More »John Koskinen Nominated to Lead IRS
John Koskinen, formerly CEO of Freddie Mac, has been nominated to serve as Internal Revenue Service commissioner, The Washington Post reported Thursday. Josh Hicks writes President Barack Obama on Aug. 1 picked John Koskinen to lead the IRS, which is currently led by Acting Commissioner Danny Werfel. Koskinen was previously …
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