Author archives

Federal Reserve Board Approves Applications of Goldman Sachs and Morgan Stanley to Become Bank Holding Companies

News release: The Federal Reserve Board on Sunday approved, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies. To provide increased liquidity support to these firms as they transition to managing their funding within a bank holding company structure, the Federal Reserve Board authorized …

Subjects: Government Documents

Pelosi Statement on Legislation to Address Crisis in Financial Markets

“Speaker Pelosi issued the following statement today as Congress and the White House work to craft legislation to address the crisis in our financial markets: Congress will respond to the financial markets crisis by taking action this week in a bipartisan manner that will protect the taxpayers’ interests. The Administration’s $700 billion proposal does not …

Subjects: Congress, E-Government, Government Documents

Treasury Provides Further Clarity For Guaranty Program for Money Market Funds

News release: “The U.S. Treasury Department is continuing to develop the specific details surrounding the temporary guaranty program for money market funds that was announced on September 19, 2008. While these details are being finalized, Treasury is making the following clarifications…” Related postings on financial system

Subjects: E-Government, Government Documents

SEC Approves Amended Order Requiring Reporting of Short Positions by Certain Investment Managers

News release: “The U.S. Securities and Exchange Commission today approved amendments to its emergency order of September 18 (Release No. 58591) requiring that certain institutional money managers report their new short sales of certain publicly traded securities. In addition to making technical amendments, the revised order also provides that the information disclosed by investment managers …

Subjects: E-Government, Government Documents

New DHS Immigration Statistics Reports

Estimates of the Unauthorized Immigrant Population Residing in the United States: January 2007 (PDF – 7 pages): “This report provides estimates of the unauthorized immigrant population residing in the United States as of January 2007 for periods of entry and leading countries of birth and states of residence. Nonimmigrant Admissions to the United States: 2007 …

Subjects: E-Government, Government Documents

Report: Global Water Futures – A Roadmap for Future U.S. Policy

Center for Strategic and International Studies: Global Water Futures – A Roadmap for Future U.S. Policy, by Erik R. Peterson and Rachel Posner “U.S. policies on the range of pressing international water-related issues—humanitarian relief, human health, economic development, environmental stewardship, and stability and security—are fragmented, underresourced, and insufficiently coordinated. In particular, both the U.S. government’s …

Subjects: Government Documents

Report – Closing Guantánamo: From Bumper Sticker to Blueprint

Center for Strategic and International Studies – Closing Guantánamo: From Bumper Sticker to Blueprint: A Report of the CSIS Human Rights and Security Initiative and the Working Group on Guantánamo and Detention Policy, by Sarah E. Mendelson. “Sarah Mendelson and the CSIS Working Group on Guantánamo and Detention Policy have concluded that the costs of …

Subjects: E-Government, Government Documents

Recent CRS Reports: Deepwater Oil and Gas Leases, Fannie Mae and Freddie Mac in Conservatorship

September 18, 2008 – Royalty Relief for U.S. Deepwater Oil and Gas Leases September 18, 2008 – Reauthorization of the Federal Maritime Commission (FMC): Opportunity to Reexamine the Congressionally Mandated Antitrust Exemption for Ocean Liner Carriers? September 16, 2008 – Japan’s Political Turmoil in 2008: Background and Implications for the United States September 16, 2008 …

Subjects: Congress, Government Documents, Legislation

Fact Sheet: Proposed Treasury Authority to Purchase Troubled Assets

News release: “The Treasury Department has submitted legislation to the Congress requesting authority to purchase troubled assets from financial institutions in order to promote market stability, and help protect American families and the US economy. This program is intended to fundamentally and comprehensively address the root cause of our financial system’s stresses by removing distressed …

Subjects: E-Government, Government Documents

President Requests $700 Billion for Financial Institution Bail -Out Plan

New York Times: “The Bush administration on Saturday formally proposed a vast bailout of the United States financial system, requesting unfettered authority for the Treasury Department to buy up to $700 billion in mortgage-related assets from financial institutions based in the United States. The proposal, not quite three pages long, was stunning for its stark …

Subjects: Government Documents