Federal Reserve:
Views on Proposed Expanded Access Authority for GAO
T-GGD-90-8: Published: Nov 9, 1989. Publicly Released: Nov 9, 1989.
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Pursuant to a congressional request, GAO discussed proposed legislation which would expand its authority and access in connection with Federal Reserve System (FRS) audits. GAO noted that: (1) its pre-1976 FRS audits were limited mainly to audits of fiscal agent functions FRS banks performed for the Department of the Treasury; (2) 1978 legislation significantly expanded its access to FRS and other bank regulatory agencies, but limited GAO access to information related to foreign transactions, monetary policy, and Federal Open Market Committee (FOMC) operations; (3) it has not experienced significant problems in cooperating with FRS; (4) although statutory limits posed access problems in GAO studies of the effects of monetary policy on housing and other parts of the economy, an information leak regarding FOMC deliberations, and FRS banks' Treasury securities accounting systems, GAO found reasonable ways to satisfy its information requirements; (5) the proposed legislation would remove the constraints on GAO access concerning monetary policy and FOMC deliberations and would facilitate GAO ability to audit banks' financial transactions; and (6) the proposed legislation should include provisions to protect FRS from undue interference.
May 23, 2019
Export-Import Bank:
EXIM Should Explore Using Available Data to Identify Applicants with Delinquent Federal DebtGAO-19-337: Published: May 23, 2019. Publicly Released: May 23, 2019.
May 14, 2019
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Bank Supervision:
Regulators Improved Supervision of Management Activities but Additional Steps NeededGAO-19-352: Published: May 14, 2019. Publicly Released: May 14, 2019. -
Export-Import Bank:
Enhancements Needed in Credit Program Underwriting Policies and ProceduresGAO-19-43: Published: May 14, 2019. Publicly Released: May 14, 2019.
May 9, 2019
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Indian Issues:
Agricultural Credit Needs and Barriers to Lending on Tribal LandsGAO-19-464: Published: May 9, 2019. Publicly Released: May 9, 2019.
May 3, 2019
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Ginnie Mae:
Risk Management and Staffing-Related Challenges Need to Be AddressedGAO-19-191: Published: Apr 3, 2019. Publicly Released: May 3, 2019.
Apr 12, 2019
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Priority Open Recommendations:
Board of Governors of the Federal Reserve SystemGAO-19-355SP: Published: Apr 5, 2019. Publicly Released: Apr 12, 2019. -
Priority Open Recommendations:
Federal Deposit Insurance CorporationGAO-19-354SP: Published: Apr 5, 2019. Publicly Released: Apr 12, 2019.
Apr 10, 2019
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Priority Open Recommendations:
Securities and Exchange CommissionGAO-19-379SP: Published: Apr 3, 2019. Publicly Released: Apr 10, 2019.
Mar 20, 2019
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Federal Home Loan Banks:
Steps Have Been Taken to Promote Board Diversity, but Challenges RemainGAO-19-252: Published: Feb 14, 2019. Publicly Released: Mar 20, 2019.
Mar 12, 2019
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Financial Technology:
Agencies Should Provide Clarification on Lenders' Use of Alternative Data [Reissued with revisions on Mar. 12, 2019.]GAO-19-111: Published: Dec 19, 2018. Publicly Released: Dec 19, 2018.
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