Vanishing Ranks within the US Treasury

This article discusses the challenges Janet Yellen, the expected incoming U.S. Treasury Secretary may face in reconstituting the staff within Treasury.

Perhaps limited staffing is why Treasury officials have not responded to my inquiries regarding the irregular treatment of the Thrift Savings Fund account (TSF) it manages. The TSF is a pension fund for government employees and retirees. However, I suspect that they aren’t responding because bringing attention to the issue would be at best embarrassing and at worst bring on legal action for mismanagement of assets that belong to government employees and retirees. You can learn more about these troubling irregularities here.

Missing Money Update: Thrift Savings Fund—Treasury Account 026×61531

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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