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Posts tagged as ‘Noteworthy


 

This data set took six years to create. Worth every moment.


Today, for the first time in history, the U.S. federal government's spending information is one single, unified data set. Under a deadline set by the DATA Act of 2014, today every federal agency must begin reporting spending to the Treasury Department using a common data format. And Treasury has published it all online, in one piece, offering a single electronic view of the world's largest organization. Today, we celebrate Darrell Issa, Mark Warner, Christina Ho, Tim Gribben, and all the other leaders who caught Jefferson's dream of a single, unified federal spending data set, and didn't let go.

 

Bipartisan, Bicameral OPEN Government Data Act Reintroduced


Today a bicameral and bipartisan group of lawmakers reintroduced the Open, Public, Electronic and Necessary (OPEN) Government Data Act (H.R. 1770). The OPEN Government Data Act will require all federal agencies to publish their information online, using non-proprietary, machine-readable data formats. Senators Ben Sasse (R-NE) and Brian Schatz (D-HI), and Representatives Blake Farenthold (R-TX) and Derek Kilmer (D-WA) led the reintroduction.

 

Financial Transparency Act Re-introduced


Twenty-eight Members of the House of Representatives, led by Rep. Darrell Issa (R-CA), have reintroduced the Financial Transparency Act (H.R. 1530). If enacted, the Financial Transparency Act would be the nation’s first RegTech law. The bill would modernize the U.S. financial regulatory reporting process from unstructured documents into fully searchable, standardized, and machine-readable data.

 

Fintech Leaders: Time to Modernize Financial Reporting


The Data Coalition and seven other financial and technology organizations today sent a letter to the Financial Services Committee of the U.S. House of Representatives requesting that the committee convene a hearing on the need for regulatory agencies to modernize the way they collect information from public companies, banks, markets, and financial firms.