The Federal Drive with Terry Gerton

The Pentagon is trying to clean up the records behind military ID cards used by hundreds of thousands of service members. About 215,000 active-duty and reserve troops have records that are missing proof of identity, but the Defense Department says there's no evidence of fraud. Federal News Network's Rachel Cohen has the story.
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Lieutenant General Mark Simerly is in his final weeks as the director of the Defense Logistics Agency. In the two-plus years as DLA’s leader, Simerly drove the agency to change how it delivers products and services to the Defense Department around the world. In an “exit” press briefing, Simerly tells executive editor Jason Miller and other reporters about how DLA is more agile today and how it has adapted to the changing logistics environment over the last few years.
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Passing an audit remains one of the Defense Department's top financial priorities, but getting there may require more than better bookkeeping. Department leaders are looking at financial-system consolidation, common data standards and major process changes across the enterprise. For a look at what's driving that effort, we turn to Rich Brady, CEO of the Society of Defense Financial Management.
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A recent Federal Reserve Board audit found that insider-risk responsibilities existed across multiple offices, but no centralized program was managing those risks at the enterprise level. The findings offer lessons that extend well beyond the Federal Reserve. Here to discuss them are Chris Lyons and Joe Hackett from the Federal Reserve Board Office of Inspector General.
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The TSP's F Fund has trailed the G Fund over the last several years. Before deciding what that means for your own investments, it helps to understand what's happening in the bond market. Here with that perspective is Arthur Stein, partner at Allworth Financial.
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