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Over the last three decades, the Direct Loan program has grown in size and complexity, with almost $1.4 trillion in outstanding federal student loans. The Direct Loan program provides financial assistance to students and their parents to help pay for postsecondary education. The US Government Accountability Office (GAO) was asked to review changes in Education's cost estimates and factors contributing to them. This report examines how and why Education's Direct Loan cost estimates have changed over time. GAO reviewed budget documents and data covering Direct Loans made from fiscal years 1997 through 2021. GAO also conducted a model-based analysis on a hypothetical group of borrowers beginning repayment to demonstrate how changing economic assumptions can affect both repayment plan selection and estimated loan payments. Additionally, GAO interviewed Education budget officials about their process for estimating student loan costs and how these estimates are calculated and documented.

The article presents the U.S. Government Accountability Office report which examines how and why Department of Education's Direct Loan cost estimates have changed over time. It mentions estimated cost increases stemmed from emergency relief provided to most federal student loan borrowers under the CARES Act and related administrative actions in response to the COVID-19 pandemic including suspending all payments due, interest accrual, and involuntary collections for loans in default.

The article discusses the highlights of a U.S. Government Accountability Office (GAO) report which examines the challenges in implementing the unemployment insurance (UI) programs created by the Congress during the Covid-19 pandemic in the U.S. Topics include the problem with program design and variation in how states administer UI and its contribution to the declining access and disparities in benefit distribution, and an increase in the risk of UI improper payments including from fraud.

The article examines the analysis used by the U.S. Department of Agriculture (USDA) to support its decision to relocate its research agencies, namely the Economic Research Service and the National Institute of Food and Agriculture, to Kansas City, Missouri. Topics discussed include the relocation of the research agencies to the city in October 2019, the objectives of USDA for relocation, and the reasons why the economic analysis did not fully align with these objectives.

The artile presents the U.S. Government Accountability Office report on opioid misuse and employment outcomes. It examines how individual characteristics and employment experiences differ between older workers who do and do not misuse opioids, and challenges that selected local workforce agencies identified in helping workers—including older workers affected by opioid misuse during the COVID-19 pandemic.

The article presents the discussion on Government Performance and Results Act of 1993 (GPRA) and GPRA Modernization Act of 2010 (GPRAMA) establishing a framework for performance management and accountability within the federal government. Topics include highlighting different types of evaluations for answering questions about program performance; and agency officials understanding fundamental concepts related to evaluation and enhancing evidence-building capacity.

The article reports that the U.S. federal banking regulators have taken steps to improve their ability to identify and respond to risks based on lessons learned from past banking crises. The failed banks also found that regulators identified weak management practices at banks involved in higher-risk activities on in each crisis and before the banks began experiencing declines in capital.

The article discusses the report of the U.S. Government Accountability Office (GAO) which assesses the compliance of community banks and credit unions on the mortgage disclosure regulations. Topics include the burdens arising from misunderstanding the disclosure regulations, the increase in compliance costs and the recommendations of GAO to the Consumer Financial Protection Bureau and depository institution regulators to enhance the effectiveness of disclosure guidance.

The article examines the extent to which and how financial regulators performed required Regulatory Flexibility Act (RFA) analyses and established policies and procedures for complying with RFA requirements, among other objectives. It mentions that the RFA agencies must assess the rule's potential impact on small entities and consider alternatives that may minimize any significant economic impact of the rule. It presents information on Federal Regulators for the banking industry.

The article presents a report submitted by U.S. Government Accountability Office (GAO) to congressional requesters. The report examines Federal Reserve's risk management policies related to regulatory capture in Large Institution Supervisory Coordinating Committee program by employing enterprise risk management method.

The article discusses the report of the U.S. Government Accountability Office which assesses various issues related to the financial technology (fintech) industry and the impact of fintech on financial services. Topics include the regulation of fintech products and services, the subsectors associated with fintech including mobile payments and digital wealth management and its potential benefits and risks.

The article presents an analysis of issues associated with identity theft services and their usefulness conducted by the U.S. Government Accountability Office (GAO) in 2017. GAO discovered that credit monitoring helps in detecting new-account fraud through alerting users, but does not address existing-account fraud or prevent such fraud, which include misuse of stolen credit card number. Identity monitoring can alter consumers to misuse particular personal information by monitoring sources.

The article focuses on the examination of the regulatory analyses conducted by the federal financial regulators in connection to the final rules issued pursuant to the Dodd-Frank Act. Topics include formation of Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) in response to the 2007–2009 financial crisis, trends in Government Accountability Office (GAO) indicators for bank systematically important financial institutions, and GAO contacts and acknowledgements.

The article presents the results of the study conducted by the U.S. Government Accountability Office (GAO) on the objectives needed by the U.S. Federal Housing Finance Agency (FHFA) for the Fannie Mae and Freddie Mac after conservatorships. It states the increased emphasis on maintaining credit availability, focus on transferring credit risk to private investors, and reduce scope of securitization infrastructure. It recommends legislation that establish clear objectives.

The article focuses on the U.S. Government Accountability Office (GAO) observations on regulation D and the use of reserve requirements. Implementation of Regulation D's requirements, the effect of the regulation on institutions' customers and alternatives to the maintenance of transaction account reserves the U.S. Federal Reserve System may have to affect monetary policy.

The article discusses the study conducted by the U.S. Government Accountability Office on the role of Federal Reserve in providing payment services, its impact in market competition and how well it calculate and recover its costs as of August 2016. Federal Reserve was found to have a detailed cost accounting system for capturing costs and has increased the overall market share for competitors. The incorporation of additional costs faced by private-sector competitors was recommended.

The article discusses a study by the U.S. Government Accountability Office (GAO) regarding the resolution plans for the Bankruptcy Code of the Federal Reserve. Topics include the assessment frameworks and plans of the Federal Deposit Insurance Corp. (FDIC) and Federal Reserve for the revision of the code, the systemically important financial institutions (SIFI), and the Dodd-Frank Act.

The article presents the report related to the study on the effect of the growing nonbank services industry on mortgage market in the U.S. Topics discussed include the analysis on the trends in mortgage servicing and the framework wherein the nonbanks servicers work, the aspects of the mortgage market structure and the sector's participants, and the various regulators of nonbanks sector including the Consumer Financial Protection Bureau, Federal Housing Finance Agency, and state regulators.

The article presents the results of the study conducted by the U.S Government Accountability Office (GAO) on the possible illicit uses of remittances. It states that illicit activity may be undetected due to large volume of transactions or the inadequate oversight of the various entities involved. It mentions the money laundering risks associated with customers, geographic location, and products.

The article focuses on the section 302 of the Riegle Community Development and Regulatory Improvement Act of 1994 (Riegle Act) compliance of federal agencies. Topics discussed include the rules on insured depository institutions, federal agencies such as the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corp. (FDIC), the report of the U.S. Government Accountability Office (GAO) on agencies' compliance.

The article focuses on a research conducted by United States Government Accountability Office (GAO) on impact of Dodd-Frank Wall Street Reform and Consumer Protection Act on community banks, credit unions and institutions. Topics discussed include issue of rules to implement reforms intended to strengthen the financial services industry, analysis of federal agencies conducted in Dodd-Frank Act rulemakings and interagency coordination in the rulemaking process.

The article discusses a report released by the U.S. Government Accountability Office (GAO). Topics include the U.S. involvement in the development of international capital standards, views of U.S. regulators such as FIO and NAIC on the need for the standards, and need for collaboration among International Association of Insurance Supervisors (IAIS) U.S. members including Federal Insurance Office (FIO), the Federal Reserve, and the National Association of Insurance Commissioners (NAIC).

The article focuses on a report from the U.S. Government Accountability Office as of July 2015 on need of data analytics by bank and depository regulators. It highlights issues of cyber attacks on depository institutions and role of depository institution regulators such as Great Britain's Office of the Comptroller of the Currency to oversee information security at these institutions. It mentions that regulators explore ways to analyze data on information technology trends.

The article discusses a report by the U.S. Government Accountability Office (GAO) on Basel III reform made by the U.S. Basel Committee in 2010 after financial crisis to enable banks to withstand losses. Topics include functions of regulators including Federal Deposit Insurance Corp., the U.S. Federal Reserve System and Office of the Comptroller of the Currency during the crisis, and the impact of Basel III on U.S. banking organizations' international competitiveness.

The article discusses a report by the U.S. Government Accountability Office (GAO) on the steps required to enhance the non-banking designation processes by the U.S. Financial Stability Oversight Council (FSOC). Topics discussed include the monitoring approach of the FSOC, recommendations by the GAO including changes in documentation process, information tracking and voting mechanism of the FSOC, and FSOC's transparency policy.

The article discusses a report by the U.S. Government Accountability Office (GAO) as of July 31, 2014 on government support for bank holding companies in the U.S. Topics discussed include effect of financial reforms on bank holding company, funding cost of bank holding companies during financial crisis, and the U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act. Other topic discussed include relationship between a bank holding company's size and its funding costs.

The article presents a study conducted by the U.S. Government Accountability Office (GAO) on the assessment of emerging regulatory, consumer protection and law enforcement regarding virtual currencies. It mentions the federal financial regulatory and law enforcement agency responsibilities, and actions and collaborative efforts that agencies have undertaken in regard to virtual currencies. The GAO also reviewed federal laws and regulations, academic and industry research, and agency documents.