News
On June 29, 2020, the Office of Management and Budget (OMB) designated the Department of the Treasury (Treasury) as the Quality Service Management Office for core financial management (FM QSMO).
The Bureau of the Fiscal Service has released Progress Statement 2019: The Future of Federal Financial Management which details its progress in transforming federal financial management.
The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) today announced the selection of Comerica Bank as the financial agent for the Direct Express® prepaid debit card program. The new agreement is for five years, beginning in January 2020.
Washington, D.C. – The U.S. Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) today released Your Guide to America's Finances. The digital guide increases public awareness of the federal government's finances in a simple, straightforward, and engaging product.
Washington, D.C. – The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) today launched an analysis on federal investment in higher education. Using interactive data visualizations on the bureau’s Data Lab website, the analysis provides the public with an overview of the federal government’s more than $145 billion investment in higher education in FY 2018 including over $98 billion dollars invested in federal student aid.
The U.S. Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) has announced a change in the key leadership with the retirement of Commissioner Kim McCoy and the appointment of Tim Gribben as the next commissioner, effective May 13.
Washington, D.C. – The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) today released Your Guide to America’s Finances.
WASHINGTON -- The U.S. Department of the Treasury, Bureau of the Fiscal Service, seeks applications from qualified financial institutions to serve as a financial agent of the United States. The selected financial agent(s) will provide Direct Express® debit card services nationwide to recipients of social security and other federal benefit payments. The agreement with the current financial agent ends in January 2020.
Washington, D.C. – The Office of Financial Innovation and Transformation (FIT) at the Bureau of the Fiscal Service, in conjunction with the federal government’s financial management community, published updates to the Financial Management Standards which support financial management performance, productivity, and efficiency in federal financial management activiti
“Higher Standards, Shared Solutions, Smarter Government” Parkersburg, WV— The Administrative Resource Center (ARC) is celebrating 20 years of successfully providing customer-focused, responsive, and cost-effective shared services across the federal government. As one of the earliest federal shared service providers, ARC leads from experience, providing services to more than 70 federal customers supporting more than 22,000 federal employees.