^®: CRE Regulatory Action of the Week

White House Issues Executive Order on Eliminating Government Waste
On June 13, 2011, the President signed Executive Order 13576 -- Delivering an Efficient, Effective, and Accountable Government. According to the White House press conference regarding this new executive order:

"The Executive Order creates a new Government Accountability and Transparency Board that will bring together the nation's top waste, fraud and abuse watchdogs to ensure we bring the kind of unprecedented transparency and accountability we saw in the Recovery Act to all federal spending, and secondly it directs Cabinet members to report regularly on their progress in cutting waste and improving effectiveness."