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Becoming the Fifth Branch, William A. Birdthistle; Illinois Institute of Technology – Chicago-Kent College of Law, M. Todd Henderson, University of Chicago – Law School. Cornell Law Review, Vol. 99, 2013 and University of Chicago Institute for Law & Economics Olin Research Paper No. 618. “Observers of our federal republic have long acknowledged that a fourth branch of government comprising administrative …
Expiring Unemployment Insurance Provisions – Katelin P. Isaacs, Analyst in Income Security, November 22, 2013 “Several key provisions related to extended federal unemployment benefits are temporary and, therefore, scheduled to expire: • Authorization for the temporary Emergency Unemployment Compensation (EUC08) program is scheduled to expire the week ending on or before January 1, 2014 (i.e., December 28, 2013, in all states except …
“This fifth edition of Pensions at a Glance provides a range of indicators for comparing pension policies and their outcomes between OECD countries. The indicators are also, where possible, provided for the other major economies that are members of the G20. Two special chapters (Chapters 1 and 2) provide deeper analysis of recent pension reforms …
U.S. CURRENCY – Coin Inventory Management Needs Better Performance Information, GAO-14-110, Oct 28, 2013 HURRICANE SANDY RELIEF – Improved Guidance on Designing Internal Control Plans Could Enhance Oversight of Disaster Funding, GAO-14-58, Nov 26, 2013 NATIONAL PREPAREDNESS – Actions Taken by FEMA to Implement Select Provisions of the Post-Katrina Emergency Management Reform Act of 2006, GAO-14-99R, Nov 26, 2013 SMALL BUSINESS …
Unemployment Insurance: Programs and Benefits – Julie M. Whittaker, Specialist in Income Security; Katelin P. Isaacs, Analyst in Income Security. November 20, 2013 “Various benefits may be available to unemployed workers to provide income support. When eligible workers lose their jobs, the Unemployment Compensation (UC) program may provide up to 26 weeks of income support through the payment of regular …
U.S. CURRENCY – Coin Inventory Management Needs Better Performance Information, GAO-14-110, Oct 28, 2013 “Efficiently managing the circulating coin inventory helps ensure that enough coins are available to meet public demand while avoiding unnecessary production and storage costs. The Federal Reserve fulfills the coin demand of the nation’s depository institutions (e.g., commercial banks and credit unions) by …
News release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $36.0 billion in the third quarter of 2013, a $1.5 billion (3.9 percent) decline from the $37.5 billion in profits that the industry reported a year earlier. This is the first time in 17 quarters …
A Way With Words: The Economics of the Fed’s Press Conference, by Fernando Duarte and Carlo Rosa “When central bankers speak, traders, journalists, and politicians listen with bated breath. The marked asset price reaction to Chairman Bernanke’s June press conference confirms the importance of his comments in the marketplace. The chart…shows the dynamics of U.S. asset …
The Diagnosis Difference by Susannah Fox, Maeve Duggan, Nov 26, 2013 “45% of U.S. adults report that they live with one or more chronic conditions, such as high blood pressure and diabetes, but also less common conditions like lupus and cancer. They are more likely than other adults to be older, to have faced a medical emergency in the …
Addressing risks to financial stability – Speech by Jaime Caruana, General Manager of the Bank for International Settlements, to the 49th SEACEN Governors’ Conference and High-level Seminar, Kathmandu, Nepal, 21 November 2013 “Regulatory reforms, in particular more capital and new liquidity buffers for banks, have made the financial system more resilient. Nonetheless, regulation typically cannot keep up with …
“Today, we’re releasing findings from a study we conducted on the operational effects of certain regulations for banks, in order to better understand the day-to-day activities they perform to comply with regulations. We chose a narrow scope for the study, in the expectation that depth over breadth would create findings of lasting value. We looked at ongoing operational …
Matthew Leising | Published Nov. 12, 2013 [snipped] “They made bankers billions of dollars before helping to blow up the global economy in 2008, living up to Warren Buffett’s description of derivatives six years before as “weapons of financial mass destruction.” After the crash, regulators set to work to make them less dangerous, through changes that in the process …
