GAO

Feds Say Banking Agencies Have Trouble Uncovering Outdated Rules

Feds Say Banking Agencies Have Trouble Uncovering Outdated Rules
Feds Say Banking Agencies Have Trouble Uncovering Outdated Rules
July 28, 2026  |  Legal & Regulation

In 1996, Congress passed legislation requiring banking agencies to address unneeded regulatory burdens. Get the Full Story Complete the form to unlock this article and...

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SEC Staffing Levels Dip 18% Under Trump
SEC Staffing Levels Dip 18% Under Trump
March 29, 2026  |  Legal & Regulation

Staffing levels at the SEC have declined nearly 20% since 2025, new government data shows. Get the Full Story Complete the form to unlock this...

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US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
June 03, 2025  |  Digital Payments

In March, President Donald Trump signed an executive order that mandated a shift away from paper checks for government-related transactions. Get the Full Story Complete...

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Report: Federal Financial Regulators Should Ensure Protection of Personal Data
Report: Federal Financial Regulators Should Ensure Protection of Personal Data
January 14, 2022  |  Legal & Regulation

A review of five U.S. financial regulators responsible for protecting consumers’ personally identifiable information (PII) revealed four have failed to follow key practices, such as...

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GAO Report Suggests Tightening Regulations on Crypto ATMs 
GAO Report Suggests Tightening Regulations on Crypto ATMs 
January 12, 2022  |  Cryptocurrency

As regulators worldwide consider ways to police cryptocurrency, the U.S. reports use of crypto payments to enable illegal human and drug trafficking is on the...

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GAO: Lack Of Controls Could Cause Double Payments With PPP Loans, Unemployment Benefits
GAO: Lack Of Controls Could Cause Double Payments With PPP Loans, Unemployment Benefits
June 25, 2020  |  Economy

Federal agencies lack controls to ensure that Americans aren’t collecting unemployment while also getting paid by companies utilizing Paycheck Protection Program (PPP) loans, the U.S....

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How The U.S. Government Sets The Benchmark For Digital ID Standards
How The U.S. Government Sets The Benchmark For Digital ID Standards
August 07, 2019  |  Authentication

Knowledge-based authentication is a popular choice among merchants and FIs for convenient digital ID verification – but with data breaches becoming a regular occurrence, reliance...

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GAO: Post-Equifax, Agencies Must Tighten Online ID Proofing
GAO: Post-Equifax, Agencies Must Tighten Online ID Proofing
June 17, 2019  |  Cybersecurity

After the massive Equifax data breach, a federal watchdog is warning the government against relying on credit agencies to verify the identifies of individuals using...

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