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Preliminary Staff Report: The Role of the Federal Reserve in Banking Supervision and Regulation, Financial Crisis Inquiry Commission (FCIC) | April 7, 2010: “The purpose of this preliminary staff report is to provide a brief overview of the role of the Federal Reserve in banking supervision and regulation. The first section describes the structure of …
Preliminary Staff Report: Securitization and the Mortgage Crisis, Financial Crisis Inquiry Commission (FCIC) | April 7, 2010 “The purpose of this preliminary staff report is to provide an overview of mortgage securitization and its possible role in the sharp increase in mortgage defaults that precipitated the financial crisis. Section I describes the growth and basic …
Financial Crisis Inquiry Commission – Hearings & Testimony – Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs), April 7, 2010 Related postings on Financial Crisis Inquiry Commission Related postings on financial system
Federal Trade Commission Enforcement of the Fair Debt Collection Practices Act: The Thirty-Second Annual Report to Congress: Commission Initiatives During 2009 To Curtail Illegal Debt Collection Practices, Including Summaries of the Types of Consumer Complaints Received, Recent Developments in Commission Law Enforcement, and Commission Consumer and Industry Education and Policy Initiatives (March 2010).
Deforestation and Climate Change, Ross W. Gorte, Specialist in Natural Resources Policy, Pervaze A. Sheikh, Specialist in Natural Resources Policy – March 24, 2010 “Efforts to mitigate climate change have focused on reducing carbon dioxide (CO2) emissions into the atmosphere. Some of these efforts center on reducing CO2 emissions from deforestation, since deforestation releases about …
News release: “House Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) released a report examining the rebranding of 13 ACORN affiliated organizations following reports that ACORN had disbanded. The report includes evidence of a recent business transaction between ACORN and the organization rebranded as Alliance of Californians for Community Empowerment (ACCE) which details …
Follow up to previous postings on government implementation of whole body scanning technology at airports, via EPIC: “In response to a Congressional inquiry, led by Congressman Bennie Thompson, the Transportation Security Agency acknowledged that images on body scanner machines would be recorded for “testing, training, and evaluation purposes.” The TSA also did not dispute that …
News release: “The Federal Trade Commission today reported to Congress that it is getting the word out about Internet safety for children by aggressively promoting a new booklet, Net Cetera: Chatting with Kids About Being Online, to schools, police and sheriffs departments, and PTAs nationwide. Net Cetera explains to parents and their children how to …
Understanding the Economy: Long-Term Unemployment in the African American Community “is the first in a series of JEC reports examining the unemployment situation among several demographic groups, including African Americans, Hispanics, youth, and women. Prepared by the Joint Economic Committees Majority staff, the report draws from previously unpublished data from the Bureau of Labor Statistics, …
News release: “[March 25, 2010] U.S. Rep. Mike Quigley (D-IL) and U.S. Rep. Darrell Issa (R-CA) announced the formation of the bipartisan Transparency Caucus which will serve as a resource for Members of Congress on bipartisan open government initiatives. The caucus will promote legislation that requires federal information to be freely accessible, as well as …
Follow up to previous postings on health care reform, this relevant data: “The $938 billion health care reform legislation finalized by Congress [signed by President Obama on March 23, 2010] is financed primarily through net cuts to Medicare and an increased Medicare tax on high-income taxpayers, according to the Tax Foundation. The Medicare spending cuts …
News release: Prepared Statement of the Federal Trade Commission On Keeping Score on Credit Scores: An Overview of Credit Scores, Credit Reports and Their Impact on Consumers, Presented by David Vladeck, Director, Bureau of Consumer Protection, Before the Subcommittee On Financial Institutions and Consumer Credit of the Committee On Financial Services, United States House of …
