Financial regulators need to bolster their strategic plans before sending them to Congress in two months, a government auditor testified Tuesday.

The 1993 Government Performance and Results Act requires all federal agencies to submit by Sept. 30 five-year strategic plans establishing their objectives and annual performance tests.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.