Category «Financial System»

FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests

“The Federal Housing Finance Agency (FHFA) today released a report providing the results of annual stress tests Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).  The Dodd-Frank Act requires certain financial institutions with more than $10 billion in assets to …

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

Global Trends – Forced Displacement in 2015

United Nations High Commissioner for Refugees – Global Trends – Forced Displacement in 2015 “The total number of refugees has increased for the fifth consecutive year, from 10.4 million at end-2011 – a 55 per cent rise in just four years. This increase was driven mainly by the conflict in the Syrian Arab Republic, which …

Subjects: Civil Liberties, Economy, Financial System, Free Speech, Government Documents, Housing, Legal Research

SIFMA – Explore the companies and municipalities in your state that are accessing the capital markets to drive economic growth

“Capital markets are the bedrock foundation of our nation’s economy. Our capital markets recognize and drive capital to the best ideas and enterprises, enabling workers to save for retirement, students to pay for their education, businesses to grow, and communities to finance sustainable development. Explore the companies and municipalities in your state that are accessing …

Subjects: Economy, Education, Financial System, Government Documents

Shedding Light on Health Care Prices: Patient Perspectives on Health Care Price Transparency Efforts

Public Citizen – Shedding Light on Health Care Prices: “Out-of- pocket health care costs for patients are soaring in the United States. Since 2010, insurance deductibles for workers have risen three times as fast as premiums and about seven times as fast as wages and inflation. For nearly two decades, states have attempted to address …

Subjects: Economy, Financial System, Health Care, Medicine

The Distribution of Asset Holdings and Capital Gains

“In 2010, more than 70 percent of families directly owned property designated under the Internal Revenue Code as capital assets—that is, assets that can be sold and that typically generate taxable capital gains or deductible losses when sold. Families’ capital assets included their homes, other real estate, privately owned businesses, stocks, corporate and government bonds …

Subjects: Economy, Financial System, Government Documents, Housing

Federal Reserve Board orders Goldman Sachs Group to pay $36.3 million civil money penalty

“The Federal Reserve Board on Wednesday ordered Goldman Sachs Group to pay a $36.3 million civil money penalty for its unauthorized use and disclosure of confidential supervisory information and to implement an enhanced program to ensure the proper use of confidential supervisory information. Additionally, the Board announced that it is instituting enforcement proceedings against Joseph …

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

The Robustness of EU Financial Crimes Legislation

Herlin-Karnell, Ester and Ryder, Nicholas, The Robustness of EU Financial Crimes Legislation: A Critical Review of the EU and UK Anti-Fraud and Money Laundering Scheme (May 2016). European Business Law Review, 2017, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2816980 “The paper investigates the European Union’s (EU) fight against crime as partly one of establishing the …

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

Interest Costs in The Long-Term Budget Outlook

“Earlier this month, the Congressional Budget Office published The 2016 Long-Term Budget Outlook, describing the agency’s projections of federal spending, revenues, deficits, and debt over the next 30 years. Yesterday we highlighted key factors underlying the projected growth in spending for Social Security and the major health care programs. Today we’ll focus on interest costs. …

Subjects: Economy, Financial System, Government Documents