Updates on the Evidence Act
In connection with the enactment of the Foundations for Evidence-Based Policymaking Act of 2018 and OMB Memorandum M-19-23, Phase 1 Implementation of the Foundations for Evidence-Based Policymaking Act of 2018, the Assistant Secretary for Management (ASM) is leading the development of a new Office of the Chief Data Officer. Until a Chief Data Officer (CDO) is officially named to lead this office, Jamal El-Hindi, Deputy Director of FinCEN, will serve in an interim CDO capacity with Bryan Swann, Deputy Director of Treasury’s Office of Financial Management serving in an Interim Deputy CDO capacity.
Treasury has also designated Lenora Stiles as the Evaluation Officer and Barry Johnson as the Statistical Official.
Treasury also established a Data Governance Board that meets monthly.
Draft Evaluation Policy Principles and Standards for Public Comment
The Office of Management and Budget (OMB) Memo M-20-12 outlines principles and standards for program evaluation that agencies should implement, as required by the Foundations for Evidence-Based Policymaking Act of 2018 (Public Law 115-435, “Evidence Act”). OMB has further required that agencies publish an evaluation policy as part of their implementation approach. This policy will apply to any and all evaluation activities within the agency, including those led by bureaus and Departmental Offices. Treasury seeks input on the guiding principles and quality standards below, which Department leadership will use to shape Treasury’s full evaluation policy. These principles and standards are consistent with OMB Memo M-20-12 and reflect evaluation best practices across government agencies. If you would like to provide comments for consideration, please refer to the instructions in the attached document.