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Category Archives: Government Documents

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

Testimony on the Work of Congressional Budget Office

Testimony by CBO Director Keith Hall before the Committee on the Budget, United States Senate, May 19, 2015. “The Congressional Budget Act of 1974 instituted a formal process through which the Congress could develop, coordinate, and enforce its own budgetary priorities and created legislative institutions to implement the new Congressional budget process: the House andContinue Reading

New GAO Reports – Afghanistan, Nutrition Assistance, Rural Housing, School Meals, Aviation Safety, Defense Contracting, Regulatory Guidance Process

Afghanistan: Embassy Construction Cost and Schedule Have Increased, and Further Facilities Planning Is Needed, GAO-15-410: Published: May 19, 2015. Publicly Released: May 19, 2015. Nutrition Assistance: Actions Needed to Address Potential Online Sales of Infant Formula, GAO-15-605T: Published: May 19, 2015. Publicly Released: May 19, 2015. Rural Housing Service: Progress on GAO Recommendations and PreliminaryContinue Reading

The Evolution of Retirement Wealth

Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, D.C. The Evolution of Retirement Wealth. Sebastian Devlin-Foltz, Alice M. Henriques, and John Sabelhaus. 2015-009 “Is the current mix of tax preferences for employer-sponsoredpensionsand individual retirementsaving in the U.S. delivering the best possible retirement-preparedness across and within generations?Continue Reading