Finance Directives
Extension of Hiring Freeze
This April 17, 2025, presidential memorandum extends a freeze on hiring for federal civilian employees through July 15, 2025.
The freeze applies to all executive branch agencies, barring exceptions for national security, public safety, immigration enforcement and essential services.
Future hiring must comply with a merit-based hiring plan.
Contracting to circumvent the freeze is prohibited, and agencies are instructed to use existing personnel efficiently.
The memorandum also does not affect the deadline for a plan to reduce the federal workforce.
Exceptions may be granted by the Office of Personnel Management (OPM).
The freeze will remain in effect for the IRS until the Treasury Secretary determines otherwise and publishes a notice in the Federal Register.
President Trump issued an order to reduce wasteful government spending by requiring federal agencies to favor commercially available products and services whenever possible.
The order directs agencies to review existing contracts and procurement processes, requiring justifications for using non-commercial options.
Agencies must report their progress to the Office of Management and Budget (OMB), ensuring accountability and promoting efficient use of taxpayer dollars.
Lowering Drug Prices by Once Again Putting Americans First
President Trump's executive order aims to significantly lower prescription drug prices for Americans.
The order criticizes the Inflation Reduction Act for insufficient savings and negative impacts on seniors' healthcare coverage.
To address this, the order directs various federal agencies to take actions like reforming Medicare drug price negotiations, stabilizing Part D premiums, and better controlling middleman prescription drug markups.
It also seeks to increase competition by accelerating generic drug approvals and streamlining drug importation.
Preventing Illegal Aliens from Obtaining Social Security Act Benefits
This presidential memorandum tackles the issue of illegal aliens obtaining Social Security Act benefits.
It directs several agencies, including the Departments of Labor, Health and Human Services, and Homeland Security, to implement measures to ensure only eligible individuals receive benefits.
Key actions include promulgating guidance to prevent improper payments, strengthening fraud prosecution efforts via Special Assistant United States Attorneys, and improving data management to identify deceased beneficiaries.
The memorandum emphasizes compliance with applicable law and the importance of preventing fraud, waste, and abuse.
Protecting America’s Bank Account Against Fraud, Waste, and Abuse
This executive order addresses the significant financial fraud and improper payments within the Federal Government, aiming to protect taxpayer funds and enhance transparency.
The order directs the Department of the Treasury to implement stricter payment verification procedures, consolidate core financial systems across agencies, and reduce the number of Non-Treasury Disbursing Offices (NTDOs).
Detailed steps are outlined for agencies to comply, including submitting compliance plans and transitioning to Treasury-managed disbursing systems.
Progress reports are required to ensure implementation.
Modernizing Payments To and From America’s Bank Account
The Presidential order mandates a significant shift towards electronic payments for all federal disbursements and receipts by September 30, 2025.
This action aims to reduce costs, improve efficiency, enhance security, and combat fraud associated with paper-based systems, such as checks and money orders.
While recognizing the need for accommodations for those lacking electronic access, the order establishes a clear policy for modernizing government finances and sets specific timelines and responsibilities for its implementation.
Stopping Waste, Fraud, and Abuse by Eliminating Information Silos
This executive order directs federal agencies to eliminate barriers to data access and promote information sharing to combat waste, fraud, and abuse.
It mandates that agency heads take steps to ensure designated officials have access to unclassified agency records and data, rescind guidance hindering information sharing, and provide unfettered access to data from federally funded state programs.
The order also calls for a review of classified information policies and includes provisions for implementing the order consistent with existing laws and budget limitations.
Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement
This executive order directs the consolidation of domestic federal procurement of common goods and services under the General Services Administration (GSA).
The order cites the GSA's original mandate for efficient procurement and the significant annual spending on federal contracts as justification.
The order sets deadlines for agencies to submit proposals to the GSA, for the GSA to create a comprehensive plan, and for the OMB to designate the GSA Administrator as the executive agent for government-wide IT acquisition contracts.
The aim is to eliminate waste and duplication, improving efficiency and saving taxpayer dollars.