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


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?

 

Looking Back at 2017: When Open Data Took Hold


As the Data Coalition celebrated its fifth birthday, our ambitious agenda had taken hold for U.S. federal spending information - and was on its way to transforming the rest of the federal information portfolio as well. Here’s a look at our biggest data reform stories of 2017 and a glimpse of what to expect next year.

 

New GSA Statements: End in Sight for DUNS Monopoly?


A new procurement announcement from the General Services Administration (GSA) has confirmed that the U.S. federal government is seriously considering a new, open future for the way its contractors and grantees are identified. The end may be in sight for the status quo, in which one company holds a monopoly over contract and grant spending data.

 

California Data Demo Day: 5 New Lessons on Transparency Outside and Efficiency Inside


On October 19th in Sacramento, our California Data Demo Day brought together more than 100 supporters of opening up the Golden State’s data, representing dozens of government agencies and tech companies. Grant Thornton, Xcential, and OpenGov made our event possible through their sponsorship. Our morning of speeches, panels, and live demonstrations celebrated the impacts of open data for California: transparency outside, efficiency inside.

 

White House’s DATA Act report: Standardized Data is Needed to Modernize Federal Grant Reporting – But Not Contract Reporting


Last Thursday, the White House Office of Management and Budget (OMB) issued its long-awaited report on reducing compliance burdens for recipients of federal grants and contracts. Its main recommendation is simple yet powerful: the federal government needs to adopt a standardized data structure for all the information that grantees must submit.