Category «Financial System»

President Obama Proposes New ‘First Job’ Funding to Connect Young Americans with Jobs

Fact Sheet: “After the worst economic crisis of our lifetimes, the United States is in the midst of the longest streak of private-sector job growth in our history, with more than 14 million new jobs created during the past 70 months. But for too many young people, getting a first job—a crucial step in starting …

Subjects: Economy, Financial System, Government Documents

The Trans-Pacific Partnership: Strategic Implications

CRS report via FAS – The Trans-Pacific Partnership: Strategic Implications, February 3, 2016. “…Although most U.S. observers agree it is in the U.S. interest to lead in establishing global and regional trade rules, less consensus exists on what those rules should be, yielding some criticism on the strength and breadth of various TPP provisions. In …

Subjects: Congress, Economy, Financial System, Government Documents

Commonwealth report calls for clearer legislation for virtual currencies

“Virtual currencies offer countries a cost-effective, fast and accessible alternative to settling financial payments, but unclear laws and regulations are preventing their responsible development and encouraging their exploitation by criminals, says a new Commonwealth report. Virtual currencies, which allow funds to be transferred, traded or stored electronically, have seen exponential growth in recent years, however, …

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

Linking ‘toxic outliers’ to environmental justice communities

Environ. Res. Lett. 11 (2016) 015004 doi:10.1088/1748-9326/11/1/015004. Linking ‘ toxic outliers ’ to environmental justice communities, Mary B Collins, Ian Munoz and Joseph JaJa “Several key studies have found that a small minority of producers, polluting at levels far exceeding group averages, generate the majority of overall exposure to industrial toxics. Frequently, such patterns go …

Subjects: Economy, Energy, Environmental Law, Financial System, Legal Research

Federal Reserve Highlights Progress in Efforts to Improve U.S. Payment System

“In a report that comes one year after the publication of its Strategies for Improving the U.S. Payment System, the Federal Reserve on Tuesday detailed the progress made and outlined anticipated steps for moving forward with its initiative to enhance payment system speed, efficiency, and security. To date, the January 2015 initiative has resulted in …

Subjects: Economy, Financial System, Government Documents

Demographic and Economic Profiles of New Hampshire’s Electorate

“In advance of the New Hampshire primary on Feb. 9, the U.S. Census Bureau presents a variety of statistics that give an overall profile of the state’s voting-age population and industries. Statistics include: Voting-age population and estimate of eligible voters (i.e., citizens age 18 and older). Breakdown of voting-age population by race and Hispanic origin …

Subjects: Civil Liberties, Financial System, Government Documents

Working Paper – Bank standalone credit ratings

Bank for International Settlements (BIS) – Bank standalone credit ratings by Michael R King, Steven Ongena and Nikola Tarashev, Working Papers No 542, February 2016. “We study a unique experiment to examine the importance of rating agencies’ private information for bank shareholders. On July 20, 2011, Fitch Ratings refined their bank standalone ratings, which measure …

Subjects: Economy, Financial System, Government Documents

CBO Launches New Budget and Economic Data Page

“We are excited to announce the launch of a new Budget and Economic Data page on our website. The new page, which can be accessed from our home page, features links to Excel spreadsheets containing budget and economic projections regularly released in CBO’s Budget and Economic Outlook and Updates and in the associated supplemental material. …

Subjects: Congress, E-Government, Economy, Financial System, Government Documents

Women’s History Month: March 2016

Census – “The roots of National Women’s History Month go back to March 8, 1857, when women from New York City factories staged a protest over working conditions. International Women’s Day was first observed in 1909, but it wasn’t until 1981 that Congress established National Women’s History Week to be commemorated the second week of …

Subjects: Civil Liberties, Economy, Financial System, Government Documents, Knowledge Management

U.S. Uncleared Swap Margin, Capital and Segregation Rules

Presentation by Davis Polk & Wardwell LLC – snipped – Introduction – U.S. prudential regulators (the OCC , Federal Reserve, FDIC, FCA and FHFA) and the CFTC have finalized uncleared swap margin , capital and segregation requirements (the “PR rules,” and “ CFTC rules,” respectively, and the “final rules,” collectively [note – The CFTC has …

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