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GAO Says Strategic Sourcing Benefits Realized, Wants Expansion

Client Alert | less than 1 min read | 11.18.16

Last month, GAO issued a report on strategic sourcing that addresses how successful the Federal Strategic Sourcing Initiative (FSSI) program has been to date. While the report found that, from FY2011-15, agencies reported spending almost $2 billion through the FSSI and claimed $470 million in savings, the report also found that “agencies’ low use of the FSSIs … diminished the potential savings that could have been achieved” – an underutilization that GAO attributed partially to the Strategic Sourcing Leadership Council agencies directing only “10 percent of their collective spending to the FSSIs[,]” with GAO calling for more aggressive targets to be set.

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Client Alert | 3 min read | 09.15.25

Senate Finance Committee Looking to Take White River to the Train Station, Confirms DOJ Investigation into Tribal Tax Credits

On August 19, 2025, the U.S. Senate Committee on Finance (“Senate Finance Committee”) sent Paul Atkins, Chairman, U.S. Securities and Exchange Commission (“SEC”) a letter calling on the SEC to investigate White River Energy Corp (“White River”). In the letter, the Senate Finance Committee confirmed a criminal investigation into White River related to the sale of so-called “tribal tax credits” that according to both Congress and the IRS, do not exist. The letter further states that White River allegedly earned millions of dollars selling these credits and has not been forthcoming with investors regarding the existence of the criminal investigation. According to the Senate Finance Committee, White River has failed to file financial disclosure documents with the SEC since March 15, 2024, missing six consecutive reporting periods. The letter instructs White River to disclose the existence of the DOJ criminal tax investigation, and calls on the SEC to take action if White River fails to do so....

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