Category «Economy»

Systemically Important or “Too Big to Fail” Financial Institutions

CRS report via FAS – Systemically Important or “Too Big to Fail” Financial Institutions, Marc Labonte, Specialist in Macroeconomic Policy, updated January 4, 2017. “Although “too big to fail” (TBTF) has been a long-standing policy issue, it was highlighted by the financial crisis, when the government intervened to prevent the near-collapse of several large financial …

Subjects: Economy, Financial System, Government Documents

Too Big to Disclose: Firm Size and Materiality Blindspots in Securities Regulation

Georgiev, George S., Too Big to Disclose: Firm Size and Materiality Blindspots in Securities Regulation (December 13, 2016). UCLA Law Review, Vol. 64, 2017. Available at SSRN: https://ssrn.com/abstract=2894538 “This Article argues that the securities disclosure regime contains previously unexamined structural deficiencies, which pertain to the information provided by the largest public companies. These deficiencies arise …

Subjects: Economy, Financial System, Legal Research, Securities Law

Report focuses on debt of older student loan borrowers

CFPB: “Today, we released a report that shows that older Americans now carry an unprecedented amount of student loan debt into retirement. The report shows that over the last decade, the number of older student loan borrowers has quadrupled in the United States. The amount that these borrowers owe has also dramatically increased. Between 2005 …

Subjects: Economy, Education, Financial System, Government Documents, Legal Research

Report – The Cost of Full Repeal of the Affordable Care Act

Committee for a Responsible Federal Budget, January 4, 2017 – “The Affordable Care Act (ACA), also known as “Obamacare,” includes a number of provisions to expand health care coverage, as well as several offsets that raise taxes and slow the growth of Medicare spending. According to our latest estimates, repealing the ACA in its entirety …

Subjects: Congress, Economy, Government Documents, Health Care, Legal Research, Medicine

French workers win legal right to avoid checking work email out-of-hours

Agence France-Presse via The Guardian – “From 1 January, workers have ‘right to disconnect’ as France seeks to establish agreements that afford work flexibility but avoid burnout woman checks her phone while lying in bed From Sunday, French companies will be required to guarantee their employees a “right to disconnect” from technology as the country …

Subjects: E-Mail, Economy, Legal Research

Science reports American Community Survey and Census Bureau lack funding

Jeffrey Mervis – Census: “Add the U.S. Census Bureau to the list of government agencies whose activities may be threatened by the election of Donald Trump and the new Congress. The bureau has traditionally maintained a fairly low profile among federal agencies. At the same time, it symbolizes many things that the president-elect and congressional …

Subjects: Congress, Economy, Government Documents, Knowledge Management, Privacy

OPM 2017 Salary Tables and Effective Date

OPM news release:  “We have posted the 2017 salary tables on the U.S. Office of Personnel Management’s (OPM’s) website at https://www.opm.gov/policy-data-oversight/pay-leave/salaries-wages/.  The 2017 pay schedules will become effective the first day of the first applicable pay period beginning on or after January 1, 2017 (January 8, 2017, based on the standard biweekly payroll cycle). The …

Subjects: Economy

Updated Household Projections, 2015 – 2035: Methodology and Results

“Using new Census Bureau projections and a revised methodology for predicting headship rates, this paper updates the Harvard University Joint Center for Housing Studies’ (JCHS) household projections for 2015 to 2035. The paper incorporates new population projections from the US Census Bureau that are substantially larger than the Census Bureau’s previous projections.The paper also makes …

Subjects: Economy, Financial System, Government Documents, Housing

Conclusion of Independent Foreclosure Review Payment Agreement

Federal Reserve: “As of January 2017, the Independent Foreclosure Review (IFR) Payment Agreement has concluded. In 2013, fifteen mortgage servicing companies subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing reached an agreement with the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the …

Subjects: Economy, Financial System, Government Documents, Legal Research