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June 2009, Report No. AUD-09-015, FDICs Brokered Deposit Waiver Application Process, Inspector General Audit Report “The objective of this audit was to assess the FDICs Brokered deposits (BD) waiver application process for FDIC-insured financial institutions. The scope of our audit did not include assessing the merits of the FDICs decisions to grant waivers or the …
News release: “Fannie Mae and Freddie Mac modified nearly 37,000 loans during the first quarter of 2009. It is an increase of 57 percent over the fourth quarter of 2008 and more than double the number of modifications in the first quarter of last year. The data were released by James B. Lockhart, Director of …
Measuring the Effects of the Business Cycle on the Federal Budget, June 2009: “In March 2009, the Congressional Budget Office (CBO) released its most recent baseline projections of federal revenues, outlays, and budget balances for the next 10 years. Those projections are developed in a process by which CBO assumes the continuation of current laws …
High Speed Passenger Rail: Effectively Using Recovery Act Funds for High Speed Rail Projects, GAO-09-786T, June 23, 2009 Military Personnel: Reserve Component Servicemembers on Average Earn More Income while Activated, GAO-09-688R, June 23, 2009 V-22 Osprey Aircraft: Assessments Needed to Address Operational and Cost Concerns to Define Future Investments, GAO-09-692T, June 23, 2009 International Aviation: …
WSJ: “Defense Secretary Robert Gates created a new military command dedicated to cyber security on Tuesday, reflecting the Obama administration’s plans to centralize and elevate computer security as a major national-security issue. In a memo to senior Pentagon officials, Mr. Gates said he intends to recommend that Lt. Gen. Keith Alexander, director of the National …
Patricia White, Associate Director, Division of Research and Statistics – Testimony: Over-the-counter derivatives Before the Subcommittee on Securities, Insurance, and Investment, Committee of Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. June 22, 2009 [link to all related testimony]: “…I appreciate this opportunity to provide the Federal Reserve Board’s views on the development of …
Political Violence Against Americans 2008: “Political Violence Against Americans is a report to the American people that focuses on major incidents of anti-U.S. violence and terrorism, with apparent political motivations, that occurred worldwide during 2008. The U.S. Department of State closely monitors and maintains information on threats to Americans overseas from terrorism and organized …
State Personal Income: First Quarter 2009: “U.S. personal income continued to decline in the first quarter of 2009, falling 0.5 percent and encompassing 37 states, according to estimates released today by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2008, U.S. personal income fell 0.4 percent.” Related postings on financial system
“On April 16, 2009, President Obama, together with Vice President Biden and Secretary of Transportation LaHood, announced a new vision for developing high-speed rail in America. They called for a collaborative effort among the Federal Government, States, railroads, and other key stakeholders to help transform Americas transportation system through a national network of high-speed rail …
“The ninth annual Trafficking in Persons Report [download each section or complete report] sheds light on the faces of modern-day slavery and on new facets of this global problem. The human trafficking phenomenon affects virtually every country, including the United States. In acknowledging Americas own struggle with modern-day slavery and slavery-related practices, we offer partnership. …
Weekly Address, June 20, 2009: President Obama Highlights Tough New Consumer Protections: “…one of the most important proposals is a new oversight agency called the Consumer Financial Protection Agency [proposed in the White House Financial Regulatory Reform Plan]. Its charged with just one job: looking out for the interests of ordinary Americans in the financial …
A Brief Examination of Previous House Price Declines, June 2009: “This Federal Housing Finance Agency (FHFA) research paper examines previous house price downturns across Census Divisions, states, and localities in the United States. The paper is part of FHFAs ongoing effort to enhance public understanding of the nations housing finance system. The paper was prepared …
