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Federal Reserve Board announces enhanced supervision of large and complex banking organizations

“The Federal Reserve Board on Tuesday announced that it is implementing several recommendations to enhance the supervision of large and complex banking organizations. The recommendations were developed after an extensive review of Reserve Bank procedures for supporting consistent and sound supervisory decisions as well as methods used by Reserve Banks to resolve differing staff opinions related to the supervision of large and complex firms. While the review found that 95 percent of staff interviewed felt empowered to raise differing opinions, it noted that a formal process for raising divergent views had not been established. To address this, the Federal Reserve System in 2016 will develop policies and practices to encourage the exchange of, and response to, divergent staff views on all supervisory matters. Additionally, the review found that some supervisory teams employed sound practices and produced detailed and thorough analysis. However, the review also identified inconsistencies in documentation produced by supervisory teams and noted instances of inconsistent practices by Reserve Banks. To remedy these inconsistencies, the Operating Committee of the Large Institution Supervision Coordinating Committee (LISCC) will oversee the establishment of minimum operating and documentation standards for all supervisory activities. The Federal Reserve Banks of New York and Richmond have also added new resources to their dedicated supervisory teams to ensure consistency in their supervisory approaches. The LISCC was formed following the financial crisis and is comprised of Federal Reserve Board and Federal Reserve Bank senior staff. It coordinates the supervision of the largest, most systemically important financial institutions in the United States…”

UVA – 10 ways to map Northern Virginia

Luke Juday November 23, 2015: “As though the New Jersey suburbs were grafted onto South Carolina” is how Robert Lang of Virginia Tech’s Metropolitan Institute described Northern Virginia. Of course that’s a bit of a hyperbole. Even at the time of the Civil War, Virginia was one of the least “Southern” members of the Confederacy. Today,Continue Reading

Prison Time Surges for Federal Inmates

Pew Charitable Trusts – “The average length of time served by federal inmates more than doubled from 1988 to 2012, rising from 17.9 to 37.5 months. Across all six major categories of federal crime—violent, property, drug, public order, weapon, and immigration offenses—imprisonment periods increased significantly. For drug offenders, who make up roughly half of theContinue Reading

Completion of Professional, Scientific & Technical Services

“The 2012 Economic Census concludes the Geographic Area Series for the professional, scientific and technical services sector. This series includes statistics for legal services, accounting and tax preparation, computer systems design, and advertising and public relations services. The files provide statistics on the number of establishments, receipts/revenue, payroll, number of employees and other data itemsContinue Reading

Health Insurance Marketplace Calculator Updated for 2016

“The Kaiser Family Foundation’s Health Insurance Marketplace Calculator is now updated to include local data on 2016 health plans that are being sold through the Affordable Care Act marketplaces. The estimates are based on zip code, household income, family size, and ages of family members. The calculator also helps consumers determine whether they could be eligible for Medicaid.”

Report – Nestlé takes action to tackle seafood supply chain abuses

NYT: “The seafood industry in Thailand suffers from widespread labor and human rights abuses, exposing virtually all American and European companies that buy seafood from there to the “endemic risk” of having these problems as part of their supply chain, according to a report released on Monday by the food giant Nestlé. The report catalogedContinue Reading

Study – increase in urban tree canopy correlates to decrease in crime

Research note: Greater tree canopy cover is associated with lower rates of both violent and property crime in New Haven, CT. Landscape and Urban Planning Volume 143, November 2015, Pages 248–253 doi:10.1016/j.landurbplan.2015.08.005. “Evolving literature suggests that modifiable neighborhood characteristics such as trees and other vegetation are inversely associated with crime. This study examines the relationshipContinue Reading

Chicago Citizens Police Data Project

“The information contained on this website comes primarily from three datasets provided by the Chicago Police Department (CPD), spanning approximately 2002 to 2008 and 2011 to 2015. The CPD has released these lists in response to litigation and to FOIA Requests. The City of Chicago’s release of this information was accompanied by a disclaimer thatContinue Reading

The Statutes at Large Modernization Act

The Statutes at Large Modernization Act (H.R. 4006) Introduced by Rep. Dave Brat (R-VA) and Rep. Seth Moulton (D-MA). Endorsed by: Sunlight Foundation, R Street Institute, Demand Progress, Liberty Coalition, Data Transparency Coalition,, and Niskanen Center. “What is the United States Statutes at Large? Compiled by the National Archives and Records Administration, one volume per sessionContinue Reading

OCLC – Roy Tennant’s Data Designed for Discovery

Via OCLC: “In this presentation, Senior Program Officer Roy Tennant explores the reasons behind the adoption of linked data for libraries; library initiatives intended to demonstrate the benefits of linked data and; and the applicability of library focused standards for solving the issue of library resource visibility. He also identifies how this approach will enableContinue Reading

Global Support for Principle of Free Expression, but Opposition to Some Forms of Speech

Pew – “Although many observers have documented a global decline in democratic rights in recent years, people around the world nonetheless embrace fundamental democratic values, including free expression. A new Pew Research Center survey finds that majorities in nearly all 38 nations polled say it is at least somewhat important to live in a countryContinue Reading

Pew – How Americans View Their Government

“A year ahead of the presidential election, the American public is deeply cynical about government, politics and the nation’s elected leaders in a way that has become quite familiar. Currently, just 19% say they can trust the government always or most of the time, among the lowest levels in the past half-century. Only 20% wouldContinue Reading