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Thursday, December 01, 2011

Recovery Board's Devaney to resign

Earl Devaney, chairman of the Recovery Accountability and Transparency Board, tasked with tracking Recovery Act spending, announced his resignation Thursday.

Devaney's resignation, which is effective Dec. 31, comes after more than four decades of federal service.

Along with resigning his position as chairman of the RATB, he also said he would be stepping down as the chairman of the Government Accountability and Transparency Board.

That office was launched in August with the broader goal of overseeing all facets of federal spending to cut government waste and increase transparency.

-Jolie Lee, FederalNewsRadio.com

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