Treasury Department Officials Are Working to Diversify Bank Partnerships

Government Executive: The Treasury Department’s Corvelli McDaniel and Lorraine Cole have been serving in the federal government for a collective 37 years and now they are working together to diversify the department’s partnerships.

Treasury is statutorily allowed to designate financial institutions as financial agents to provide essential services such as collecting federal tax revenue and making payments to Social Security and Veterans Affairs beneficiaries.

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