As expected, the Defense Department, for the fourth consecutive year, failed to achieve a clean financial audit of its approximately $3.2 trillion in total assets. Pentagon Comptroller Mike McCord said DOD remains committed to achieving a clean opinion in the coming years, though he would not commit to doing so in 2027, a date set by the previous administration. “I think at this point it’s a little premature,” he told reporters, but asserted he is not “distancing” himself from the...
