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The House passed the Financial Choice Act Thursday to eliminate Dodd-Frank, a massive set of banking regulations that were instituted in the aftermath of the 2008 financial crisis. The bill, sponsored by House Financial Services Committee Chairman Jeb Hensarling (R-Texas,) passed on a near party-line vote.   “Dodd-Frank represents th...

The Department of the Treasury’s Bureau of Fiscal Service has awarded six companies positions on a potential five-year, $126.1 million multiple-award, blanket purchase agreement for cybersecurity support services. The awardees are Booz Allen Hamilton (NYSE: BAH), Deloitte & Touche, Guidehouse, Gunnison Consulting Group, ManTech and ShorePoint,...

DMI, a portfolio company of OceanSound Partners, has purchased digital transformation services provider The Ambit Group in a transaction aimed to grow DMI’s portfolio of clients, service offerings and contract vehicles as well as broaden its presence in the defense and federal civilian markets. “With this addition, we combine Ambit’s c...

Donna Roy, former chief operating officer of the Consumer Financial Protection Bureau, has joined Guidehouse to serve as strategic adviser for the company’s national security segment. Jim Chaparro, a Guidehouse partner, announced Roy’s appointment in a LinkedIn post. Roy was appointed to the COO role at the bureau in July 2020 after her prior ro...

Alexandra Gurney, a principal at Ernst & Young’s U.S. government and public sector practice, has been appointed to lead federal civilian and security accounts within the same unit. She brings more than two decades of management consulting experience in both the public and private sectors to her new position, the professional services company s...

President Joe Biden, who took the oath of office Wednesday, has appointed individuals to lead 34 federal government organizations in acting capacities until his Cabinet choices complete confirmation procedures. Each agency leader will support the new administration in efforts to create a “whole-of-government” strategy to address national challen...