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Administration’s New Federal Data Strategy: Opportunities, Limitations, and Context

If you have been following along with the White House Performance Management Agenda (PMA), you will have noticed the release of the Second Quarter Action plans late last month. At the Data Coalition, we are zeroing in on Cross Agency Priority (CAP) Goal 2: Data as a Strategic Asset and Goal 8: Results-Oriented Accountability for Grants Management.

Announcements DATA Act GREAT Act Grant Reporting Noteworthy OMB OPEN Government Data Act Open Data

Commentary and In the News

Administration’s New Federal Data Strategy: Opportunities, Limitations, and Context

by Christian Hoehner | Announcements, DATA Act, Grant Reporting, GREAT Act, Noteworthy, OMB, Open Data, OPEN Government Data Act

After Five Years the SEC Votes to Adopt Inline XBRL for Corporate Financial Filings

by Andrew Luckett | Announcements, Financial Regulation, Noteworthy, XBRL

Yesterday, the Securities and Exchange Commission (SEC) voted 4 to 1 to adopt Inline XBRL for corporate financial data disclosure. The move to Inline XBRL will end duplicative documents-plus-data financial reporting and transition to data-centric reporting.

A New Era for the Data Coalition: Board of Directors Announce Executive Director Search

by Jessica Yabsley | Announcements, Jobs, Noteworthy, Open Data

The Data Coalition’s Board of Directors announce that Hudson Hollister has decided to depart from his role as Executive Director of the Data Coalition effective October 1, 2018, and that a search process has started to replace him.

TBM: Improving How our Government Manages IT Spending

by Jessica Yabsley | Announcements, Members, Noteworthy, Open Data

The transparency of IT spending will improve greatly when TBM is implemented across the federal government. Standardization of IT data will encourage organizations to benchmark their spending compared to other federal organizations and even commercial ones.

House Financial Services Committee Continues Four-Year Campaign to Eliminate Most Open Data on Corporate Finance

by Hudson Hollister | Congress, Financial Regulation, XBRL

For over four years, the Biotechnology Innovation Organization and the leadership of the House Financial Services Committee have been trying to pass a bill that would prevent the U.S. Securities and Exchange Commission from collecting searchable financial data from most public companies. Fortunately, it is probably never going to become law. But why are the biotech industry and the Financial Services Committee leadership so fixated on the Small Company Disclosure Simplification Act?

Data Coalition Opposes Anti-Open Data Bill in House Financial Services Committee

by Jessica Yabsley | Announcements, Noteworthy, SEC, XBRL

The House Financial Services Committee will mark up the Small Company Disclosure Simplification Act, H.R. 5054. The legislation was first introduced in 2013 and the bill will exempt a majority of public companies from the obligation to file financial statements in a searchable and standardized data format with the U.S. Securities and Exchange Commission (SEC).

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