Monthly archives: June, 2011

Consumer Finance Protection Bureau – Defining Larger Nonbank Participants

News release: “The Dodd-Frank Act, signed into law last year, gives the CFPB the job of supervising large banks, as well as some other types of financial companies, for compliance with federal consumer financial protection laws. While banks, thrifts, and credit unions have been subject to examinations by various federal regulators in the past, other …

Subjects: Government Documents

EPIC: Supreme Court Strikes Down Prescription Privacy Law

“In a 6-3 decision, the Supreme Court struck down Vermont’s prescription privacy law. IMS Health, Inc. v. Sorrell held that the Vermont statute, which bars disclosure of prescription data for marketing purposes, violates data mining firms’ free speech rights. Vermont “burdened a form of protected expression that it found too persuasive. At the same time, …

Subjects: Courts, E-Records, Free Speech, Legal Research, Privacy

New GAO Reports – Bank Regulation, Commercial Aviation, Federal Grants, Flood Insurance, Homeland Defense, International Food Assistance, ax Administration

American Samoa and Commonwealth of the Northern Mariana Islands: Employment, Earnings, and Status of Key Industries Since Minimum Wage Increases Began, GAO-11-427, June 23, 2011 Bank Regulation: Modified Prompt Corrective Action Framework Would Improve Effectiveness, GAO-11-612, June 23, 2011 Commercial Aviation: Program Aimed at High-Risk Parent Abductors Could Aid in Preventing Abductions, GAO-11-602, June 23, …

Subjects: Government Documents

Plugging In: A Consumer's Guide to the Electric Vehicle

Electric Power Research Institute: “Late in 2010 the first mass-produced electric vehicles hit dealer showrooms, bringing car buyers a new, electric option. Electric cars offer performance, safety and versatility and can be charged from the electric grid, providing convenient, low- cost, at-home charging. At the U.S. national average price of 11.5 cents per kilowatt-hour, buying …

Subjects: Knowledge Management

FHFA House Price Index Rises 0.8 Percent in April; First Monthly Increase Since May 2010

News release: “U.S. house prices rose 0.8 percent on a seasonally adjusted basis from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent decrease in March was revised to a 0.4 percent decrease. For the 12 months ending in April, U.S. prices fell 5.7 percent. …

Subjects: Government Documents

CBO's 2011 Long-Term Budget Outlook

CBO’s 2011 Long-Term Budget Outlook, June 22, 2011 “This Congressional Budget Office (CBO) report presents the agency’s projections of federal spending and revenues over the coming decades. Under current law, an aging population and rapidly rising health care costs will sharply increase federal spending for health care programs and Social Security. If revenues remained at …

Subjects: Government Documents

The Orderly Liquidation of Lehman Brothers Holdings Inc. under the Dodd-Frank Act

The Orderly Liquidation of Lehman Brothers Holdings Inc. under the Dodd-Frank Act, FDIC Quarterly, Early release for the upcoming 2011, Volume 5, No. 2 “The bankruptcy filing of Lehman Brothers Holdings Inc. (Lehman or LBHI) on September 15, 2008, was one of the signal events of the financial crisis. The disorderly and costly nature of …

Subjects: Congress, Legal Research, Legislation

New GAO Reports: Horse Welfare, IRS, Medicare Secondary Payer, Military Justice, Military Justice, Medical Devices

Horse Welfare: Action Needed to Address Unintended Consequences from Cessation of Domestic Slaughter, GAO-11-228, June 22, 2011 Internal Revenue Service: Status of GAO Financial Audit and Related Financial Management Report Recommendations, GAO-11-536, June 22, 2011 Medicare Secondary Payer: Process for Situations Involving Non-Group Health Plans, GAO-11-726T, June 22, 2011 Military Justice: Oversight and Better Collaboration …

Subjects: Government Documents

Report – Creating High Performance Government: A Once-In-A-Generation Opportunity

Creating High Performanc Government: A Once-In-A-Generation Opportunity, June 21, 2011 – The Campaign for High Performance Government, Robert F. Wagner School of Government, New York University, Paul C. Light, Professor and Director “Confidence in the federal government’s ability to respond effectively to national and international, economic and political problems continues to dwindle. Some of these …

Subjects: Government Documents