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News release: “The Office of the Comptroller of the Currency (OCC) today assessed $950 million in fines against three national banks for unsafe or unsound practices related to their foreign exchange (FX) trading businesses. The fines against Bank of America, N.A.; Citibank, N.A.; and JPMorgan Chase Bank, N.A., follow multiagency examinations and investigations of the banks’ …
“An earlier version of “Checks and Balances, Stars and Stripes,” a report on checking account practices of banks and credit unions on military installations, included several incorrect or incomplete statements and data points regarding transaction ordering. We take accuracy very seriously. The original report and accompanying news release, published on October 28, were revised and …
Chu, Jenny and Faasse, Jonathan and Rau, P. Raghavendra, Do Compensation Consultants Enable Higher CEO Pay? New Evidence from Recent Disclosure Rule Changes (September 23, 2014). Available for download at SSRN: http://ssrn.com/abstract=2500054 or http://dx.doi.org/10.2139/ssrn.2500054 “In July 2009, the SEC announced additional disclosure rules requiring firms that purchase other services from their compensation consultants to disclose fees …
“In 2011, according to CBO’s estimates, average household market income—a comprehensive income measure that consists of labor income, business income, capital income (including capital gains), and retirement income—was approximately $81,000. Government transfers, which include benefits from programs such as Social Security, Medicare, and unemployment insurance, averaged approximately $13,000 per household. The sum of those two …
“A new report, “The Employment Status and Occupations of Gulf War-Era Veterans,” looks at those Gulf War veterans who began service on or after August 1990, the official start of the first Gulf War. It differentiates between “Gulf War I” veterans — those who served only during the August 1990 to August 2001 period — …
DEFENSE CONTRACT AUDIT AGENCY: Additional Guidance Needed Regarding DCAA’s Use of Companies’ Internal Audit Reports, GAO-15-44: Published: Nov 12, 2014. Publicly Released: Nov 12, 2014. FINANCIAL AUDIT: IRS’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-173: Published: Nov 12, 2014. Publicly Released: Nov 12, 2014. SPENT NUCLEAR FUEL MANAGEMENT: Outreach Needed to Help Gain Public Acceptance for Federal Activities That Address Liability, GAO-15-141: Published: …
Kaiser Family Foundation – “This Visualizing Health Policy infographic takes a look at recent trends in employer-sponsored insurance, including average premium increases for workers with family coverage, the average yearly cost of premiums for single and family coverage and how those costs have increased in the past decade, along with the prevalence of health promotion programs …
Bank for International Settlements: “Given the critical role that financial market infrastructures (FMIs) play in promoting the stability of the financial system, the Committee on Payments and Market Infrastructures (CPMI) has sought to understand the current cyber risks faced by FMIs and their level of readiness to effectively deal with worst case scenarios. The report …
Employment-Based Retirement Plan Participation: Geographic Differences and Trends, 2013. October 2014 . Issue Brief #405 Employee Benefit Research Institute, 2014 “The percentage of workers participating in an employment-based retirement plan rose in 2013, increasing for the first time since 2010 among all workers and private-sector workers. The retirement plan participation level depends on the type of worker being …
“Analyzing the effects on the overall economy of changes in federal fiscal policies—that is, policies governing taxes and spending—requires complex modeling and a significant amount of time. CBO undertakes such analyses in certain reports and for some major pieces of legislation; some of those analyses include the feedback effects of changes in the economy on …
“The U.S. Chamber of Commerce Foundation…released a report which, through the insights of several notable industry experts, offers a look at current data-related issues and innovations and the ways in which they will shape the future of data-driven innovation and the economy. The report, The Future of Data-Driven Innovation, includes contributions from some of the top …
“Presentation by Michael Simpson of CBO’s Health, Retirement, and Long-Term Analysis Division to the 2014 Fall Research Conference of the Association of Public Policy and Management. With Joyce Manchester, Vermont Legislative Joint Fiscal Office and formerly of CBO, and Geena Kim of CBO.” “Differential mortality is the difference in life expectancy across socioeconomic groups. ■ …
