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“The office of Federal Student Aid is responsible for directly managing or overseeing an outstanding federal student loan portfolio comprised of billions of dollars in Title IV loans and representing millions of borrowers. This federal student loan portfolio includes Direct Loans, Federal Family Education Loans (FFEL), and Perkins Loans with outstanding balances. The reports here …
“The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the minutes of the Committee meeting held on March 15-16, 2016. The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board’s Annual …
Fiscal Year 2015 U.S. Government Financial Statements: Need to Address the Government’s Remaining Financial Management Challenges and Long-Term Fiscal Path, GAO-16-541T: Published: Apr 6, 2016. Publicly Released: Apr 6, 2016. Compacts of Free Association: Issues Associated with Implementation in Palau, Micronesia, and the Marshall Islands, GAO-16-550T: Published: Apr 5, 2016. Publicly Released: Apr 5, 2016. …
Economic Report of the President 2016 – “The Economic Report of the President is an annual report written by the Chairman of the Council of Economic Advisers. It overviews the nation’s economic progress using text and extensive data appendices. The Economic Report of the President is transmitted to Congress no later than ten days after …
“Today, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued temporary and proposed regulations to further reduce the benefits of and limit the number of corporate tax inversions, including by addressing earnings stripping. By undertaking an inversion transaction, companies move their tax residence overseas to avoid U.S. taxes without making significant …
National Women’s Law Center – “Based on today’s wage gap, a woman starting her career now will lose $430,480 over a 40-year career, new NWLC analysis shows. For Latinas, this lifetime wage gap totals $1,007,080, and for African American women, the losses are $877,480. The new analysis features an interactive map and state-by-state rankings of …
Liberty Street Economics – “Since the height of the financial crisis, each year the Federal Reserve has disclosed the results of its stress tests, and stress testing has become “business as usual” in the U.S. banking industry. In this post, we assess whether market participants find supervisory stress test disclosures informative. After half a decade, …
“E-commerce has evolved dramatically since 1999, when the OECD Council adopted the first international instrument for Consumer Protection in the Context of Electronic Commerce (“1999 Recommendation”). On 24 March 2016, the OECD Council revised this instrument and the Recommendation of the Council on Consumer Protection in E-commerce (“the revised Recommendation”) now addresses new and emerging …
Civil Support: DOD Needs to Clarify Its Roles and Responsibilities for Defense Support of Civil Authorities during Cyber Incidents, GAO-16-332: Published: Apr 4, 2016. Publicly Released: Apr 4, 2016. Library Services for Those with Disabilities: Additional Steps Needed to Ease Access to Services and Modernize Technology, GAO-16-355: Published: Apr 4, 2016. Publicly Released: Apr 4, …
New York to provide new minimum wage and an expanded family leave policy – “Gov. Andrew M. Cuomo and state legislative leaders announced on Thursday that they had reached a budget agreement that would raise the minimum wage in New York City to $15 by the end of 2018, but initiate slower increases elsewhere, even …
Emerging Economies Affect Global Financial Changes IMF Survey, April 4, 2016. Changes in global asset prices increasingly reflect financial developments in emerging economies Financial integration main force for changes Policymakers must take into account emerging economies’ economic, policy developments Changes in emerging market asset prices explain over a third of the rise and fall in …
“Economic activity requires sensible rules that encourage firm start-up and growth and avoid creating distortions in the marketplace. Doing Business focuses on the rules and regulations that can help the private sector thrive—because without a dynamic private sector, no economy can provide a good, and sustainable, standard of living for people. Doing Business measures the …
