GAO Review of PCORI's FY 2025 Financial Audit

The GAO has reviewed the Patient-Centered Outcomes Research Institute's (PCORI) FY 2025 financial audit. The review found no significant issues, and PCORI's auditor issued an unmodified opinion on its financial statements. PCORI concurred with the auditor's conclusions.

US Banking Agencies' Withdrawal from Climate Risk Network

The GAO reported that the Federal Reserve, OCC, and FDIC joined the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) between 2020 and 2022 to understand climate risks. The agencies withdrew in 2025, citing changed priorities and inconsistency with their safety and soundness mandates.

FDIC Financial Statements and Controls Audit 2025

The GAO has released its annual audit report for the Federal Deposit Insurance Corporation (FDIC). The report found that the financial statements for the Deposit Insurance Fund and the FSLIC Resolution Fund for the years ended December 31, 2025, and 2024, were reliable, and internal controls over financial reporting were effective for 2025.

GAO Report on Federal Real Property Funding Challenges

The GAO has released a report highlighting funding challenges for federal real property management, impacting capital projects, maintenance, and disposal efforts. The report identifies recommendations for Congress and agencies, including addressing underutilized space and exploring alternative budgetary structures.

GAO Report: Offshore Wind Projects Use U.S. and Foreign Vessels

A GAO report indicates that while U.S. flag vessels are used for support activities in offshore wind projects, large, specialized installation vessels are often foreign-flagged. The report also notes that investment in new U.S.-built offshore wind vessels is limited, partly due to lengthy application processes for financial assistance programs.

GAO Report: OMB Needs to Address AI Privacy Gaps

A GAO report released on March 26, 2026, found that the Office of Management and Budget's (OMB) government-wide AI guidance does not fully address privacy risks and challenges associated with AI adoption by federal agencies. The report recommends that OMB provide agencies with more direction on these issues.

GAO: Education Needs to Strengthen Student Loan and College Accountability

The GAO has reported that the Department of Education needs to strengthen its oversight of student loan servicers and colleges. Staff reductions have led to the discontinuation of key assessments for servicer accuracy and call quality, potentially costing the government over $850,000 in penalties for poor performance.

Trump Administration Energy Policy and Job Creation

The Commerce Department highlighted the Trump administration's efforts to bring new power online, lower energy prices, and create jobs. The notice also promoted the Freedom 250 initiative celebrating American spirit.

Commerce and Energy Departments Announce Partnership for Affordable Energy and AI

The Departments of Commerce and Energy have announced a new partnership aimed at ensuring affordable energy and advancing the future of artificial intelligence. This collaboration seeks to align federal efforts in these critical sectors.

Italian Competition Authority Investigates Edenred for Abuse of Dominant Position

The Italian Competition Authority has launched an investigation into Edenred Italia S.r.l. and its parent company Edenred SE for potential abuse of a dominant position in the meal voucher market. The authority is concerned that Edenred may have shifted unjustified costs onto large-scale retail chains, potentially impacting consumer prices.