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Category GAO

U.S. spends the largest federal revenue share on debt since early 1990s

U.S. spends the largest federal revenue share on debt since early 1990s

The U.S. Treasury data has revealed that the country's net interest payments on debt as a percentage share of federal revenue reached 18.7% in Janu...
Mar, 02, 2025
3 min read
by CryptoPolitan
US Government Sends $162,000,000,000 in Erroneous Payments in Just One Year: Report

US Government Sends $162,000,000,000 in Erroneous Payments in Just One Year: Report

The U.S. Government Accountability Office (GAO) says the federal government made massive payment errors during the 2024 fiscal year. In a new repor...
Feb, 16, 2025
2 min read
by The Daily Hodl
US Government Losing $233,000,000,000+ To Fraud Every Year, According to First-Ever Estimate From America’s Accountability Office

US Government Losing $233,000,000,000+ To Fraud Every Year, According to First-Ever Estimate From America’s Accountability Office

A groundbreaking new report shows the US government is losing a staggering amount of money to fraud every year. The Government Accountability Offic...
Sep, 06, 2024
2 min read
by The Daily Hodl
Coinbase’s CLO Criticizes U.S. GAO for Lack of Analysis on Crypto Sanctions Risk

Coinbase’s CLO Criticizes U.S. GAO for Lack of Analysis on Crypto Sanctions Risk

Coinbase‘s chief legal officer Paul Grewal has criticized the United States Government Accountability Office (GAO) following its recent report desc...
Jan, 22, 2024
2 min read
by Cryptonews
Coinbase Fights Back: CLO Challenges US GAO’s Stance On Crypto Sanctions

Coinbase Fights Back: CLO Challenges US GAO’s Stance On Crypto Sanctions

Paul Grewal, the Chief Legal Officer (CLO) of the San Fransisco-based cryptocurrency exchange Coinbase, has fired back at the United States Governm...
Jan, 22, 2024
3 min read
by Bitcoinist