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Category Archives: Government Documents

Inspector General Warns: Significant Oversight of Section 215 Required

EPIC – “The DOJ’s Office of the Inspector General released a report this month detailing the FBI’s use of Section 215 and warning that “significant oversight” is required. The Inspector General describes the FBI’s expanding use of 215 to collect electronic information in bulk and criticized the agency for taking seven years to develop minimization procedures. The Second Circuit ruled the NSA’s telephone record collection program exceeded the legal authority under Section 215. EPIC previously petitioned the Supreme Court to suspend the program. Unless Congress votes to reauthorize or modify the authority, Section 215 is set to expire on June 1.”

CRS – Tracking Federal Funds: USAspending.gov and Other Data Sources

Tracking Federal Funds: USAspending.gov and Other Data Sources. Merete F. Gerli, Information Research Specialist. May 13, 2015. “Finding data on federal grants and contracts awarded to states and congressional districts, local governments, nonprofit organizations, contractors, and other eligible entities may present challenges. The official website, USAspending.gov, at http://www.usaspending.gov, collects data on grants, loans, insurance, assistance,Continue Reading

Federal Reserve proposes adding certain investment grade general obligation state and local municipal bonds to types of assets big banks may hold to meet liquidity needs

“The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements designed to ensure that large banking organizations have the capacity to meet their liquidity needs during a period of financial stress. Under the Liquidity Coverage RatioContinue Reading

Ten U.S. Cities Now Have 1 Million People or More

“San Jose, Calif., is now among the 10 U.S. cities with a population of 1 million or more, according to estimates released today by the U.S. Census Bureau. California now has three cities with 1 million or more people (Los Angeles, San Diego and San Jose), tying Texas (Houston, San Antonio and Dallas) for theContinue Reading

National Recall of Takata Air Bags

“If your vehicle is manufactured by BMW, Chrysler, Daimler Trucks, Ford, General Motors, Honda, Mazda, Mitsubishi, Nissan, Subaru or Toyota, you might be affected by a national recall on air bags. Check the National Highway Traffic Safety Administration’s (NHTSA) website using the VIN search tool to confirm whether your individual vehicle is affected by this recall, or by searching by VIN onContinue Reading

Bin Ladin’s Bookshelf

Office of the Director on National Intelligence – “On May 20, 2015, the ODNI released a sizeable tranche of documents recovered during the raid on the compound used to hide Usama bin Ladin. The release, which followed a rigorous interagency review, aligns with the President’s call for increased transparency–consistent with national security prerogatives–and the 2014Continue Reading

New GAO Reports – Airport Finance, Domestic Food Assistance, Federal Employees Compensation, Older Adults, Surface Ships

Airport Finance: Information on Funding Sources and Planned Capital Development, GAO-15-306: Published: Apr 28, 2015. Publicly Released: May 20, 2015. Army Force Structure: Observations about Aviation Restructuring and Other Relevant Force Structure Challenges, D10389: May 20, 2015 Contingent Workforce: Size, Characteristics, Earnings, and Benefits, GAO-15-168R: Published: Apr 20, 2015. Publicly Released: May 20, 2015. DomesticContinue Reading

DOJ – Five Major Banks Agree to Parent-Level Guilty Pleas

News release: “Five major banks – Citicorp, JPMorgan Chase & Co., Barclays PLC, The Royal Bank of Scotland plc and UBS AG – have agreed to plead guilty to felony charges.   Citicorp, JPMorgan Chase & Co., Barclays PLC, and The Royal Bank of Scotland plc have agreed to plead guilty to conspiring to manipulate theContinue Reading

Minutes of the Federal Open Market Committee, April 28-29, 2015

Minutes of the Federal Open Market Committee – April 28-29, 2015 “Developments in Financial Markets and the Federal Reserve’s Balance Sheet – In a joint session of the Federal Open Market Committee (FOMC) and the Board of Governors of the Federal Reserve System, the manager of the System Open Market Account (SOMA) reported on developmentsContinue Reading

Tech giants communicate opposition to decrypted data for law enforcement

Washington Post, Ellen Nakashima: “Tech behemoths including Apple and Google and leading cryptologists are urging President Obama to reject any government proposal that alters the security of smartphones and other communications devices so that law enforcement can view decrypted data. In a letter to be sent Tuesday and obtained by The Washington Post, a coalitionContinue Reading

Class of 2015 Might Have a Little Better Luck Finding a Good Job

Liberty Street Economics – NY Fed –Jaison R. Abel and Richard Deitz, May 15, 2015: “With the college graduation season well under way, a new crop of freshly minted graduates is entering the job market and many bright young minds are hoping to land a good first job. It’s no wonder if they are approachingContinue Reading

2015 Cars Gain MPGs, CAFE Goals in Reach if Gains Continue

“According to a new Consumer Federation of America analysis of 1,163 of this year’s new vehicles, fuel efficiency continues to increase for 2015 on a model by model basis. However, individual car company fleets, are backsliding on their overall fuel economy performance. From 2014 to 2015, the percent of vehicles with an Environmental Protection AgencyContinue Reading