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Daily Archives: November 26, 2008

A Review of the Department of Defense’s National Security Personnel System

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CBO: A Review of the Department of Defense’s National Security Personnel System, November 2008

  • “The National Defense Authorization Act (NDAA) for Fiscal Year 2004 granted the Department of Defense (DoD) the authority to develop the National Security Personnel System (NSPS). The department had sought a new personnel system that, in its view, would provide greater flexibility and timeliness to better enable it to meet its national security mission. To that end, NSPS incorporates some changes in human resources management intended to speed up the hiring process and strengthen employees’ performance, for example. The Congressional Budget Office (CBO) prepared this report, which evaluates NSPS to date, at the request of the Chairman of the Subcommittee on Readiness of the House Committee on Armed Services. The main objective of the report is to examine the extent to which NSPS has achieved, or has the prospect of achieving, the most salient goals stated in the 2004 NDAA. In examining key changes in NSPS, this report drew on the experience of past personnel
    experiments within DoD and the rest of the federal government.”

    • FDIC Expands Bidder List for Troubled Institutions

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    News release: “The FDIC is establishing a modified bidder qualification process to expand the pool of qualified bidders for the deposits and assets of failing depository institutions. The process will allow interested parties that do not currently have a bank charter to participate in the bid process through which failing depository institutions are resolved.” Continue Reading

    OFAC Identifies Entities Owned or Controlled by the Government of Iran

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    News release: “The Iranian Transaction Regulations (ITR) include an appendix that contains a non-exhaustive list of entities determined by OFAC to be owned or controlled by the Government of Iran. The appendix can be accessed through OFAC’s website, here (see “Overview of Sanctions”). OFAC is adding National Iranian Oil Company, Naftiran Intertrade Company Ltd., and… Continue Reading