What's Happening in Data Transparency

From our Blog

Congressional Panel Digs into DATA: Lawmakers Emphasize Standards, Question OMB’s Recipient Reporting Pilot

Yesterday’s hearing, conducted jointly by the Subcommittee on Information Technology and the Subcommittee on Government Operations, examined Treasury’s and the Office of Management and Budget’s (OMB) efforts to implement the DATA Act. Members of Congress questioned the executive-branch DATA Act leaders on places where implementation efforts are lagging, showing clearly that Congress won’t forget what the DATA Act requires and won’t rest until it’s done.

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Senators Warner and Crapo to SEC: Time to fix XBRL!

This week Senators Mark Warner (D-VA) and Mike Crapo (R-ID) sent a letter to Mary Jo White, chair of the Securities and Exchange Commission, asking for the SEC to finally take action on the central reason why its open-data corporate financial reporting has failed so far. This marks the first time a Republican Senator has spoken out in support of open data in financial regulatory reporting.

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