Day archives: March 16th, 2008

Federal Reserve announces two initiatives designed to bolster market liquidity and promote orderly market functioning

News release: “The Federal Reserve on Sunday announced two initiatives designed to bolster market liquidity and promote orderly market functioning. Liquid, well-functioning markets are essential for the promotion of economic growth. First, the Federal Reserve Board voted unanimously to authorize the Federal Reserve Bank of New York to create a lending facility to improve the …

Subjects: E-Government, Government Documents

More People See Federal Government as Secretive; Want to Know Candidates' Stand on Transparency

“Three-quarters of American adults view the federal government as secretive, and nearly nine in 10 say it’s important to know presidential and congressional candidates’ positions on open government when deciding who to vote for, according to a Sunshine Week survey by Scripps Howard News Service and Ohio University. The survey shows a significant increase over …

Subjects: E-Government, Freedom of Information, Government Documents

Gov't Requirements for Banks to Provide Suspicious Activity Reports

Newsweek: Unintended Consequences – Spitzer got snagged by the fine print of the Patriot Act “The Patriot Act gave the FBI new powers to snoop on suspected terrorists. In the fine print were provisions that gave the Treasury Department authority to demand more information from banks about their customers’ financial transactions. Congress wanted to help …

Subjects: E-Government, Patriot Act, Privacy