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January 27, 2016: “As part of its annual organizational meeting actions, the Federal Open Market Committee reaffirmed its “Statement on Longer-Run Goals and Monetary Policy Strategy,” with a revision to clarify that it views its inflation objective as symmetric, and with an updated reference to participants’ estimates of the longer-run normal unemployment rate in the …
“An improvement of four places from 14th to 10th in Transparency International’s (TI) Corruption Perceptions Index (CPI) is an opportunity for the UK to lead on global corruption at the Prime Minister’s forthcoming Anti-Corruption Summit in May – but carries the risk that if he fails to deliver, the UK will once again sink down …
“The Census Bureau today released the first product lines reports from its 2012 Economic Census Subject Series. These reports present national and state-level data at the two through six- or seven-digit North American Industry Classification System (NAICS) level. They provide statistics on number of establishments and sales/receipts/revenue by products and contributing industry. Reports were released for the …
Banking: Federal Agencies’ Compliance with Section 302 of the Riegle Community Development and Regulatory Improvement Act, GAO-16-213R: Published: Jan 27, 2016. Publicly Released: Jan 27, 2016. Defense Infrastructure: Improvement Needed in Energy Reporting and Security Funding at Installations with Limited Connectivity, GAO-16-164: Published: Jan 27, 2016. Publicly Released: Jan 27, 2016. Small Business Investment Companies: …
CRS – The Glass-Steagall Act: A Legal and Policy Analysis – David H. Carpenter, Legislative Attorney; Edward V. Murphy, Specialist in Financial Economics; M. Maureen Murphy, Legislative Attorney. January 19, 2016. “The phrase “Glass-Steagall” generally refers to the separation of commercial banking from investment banking. Congress effected a separation of commercial and investment banking through …
Via FAS, CRS report – Regulatory Relief for Banking: Selected Legislation in 114th Congress, January 19, 2016. “The 114th Congress is considering legislation to provide “regulatory relief” for banks. The need for this relief, some argue, results from new regulations introduced in response to vulnerabilities that were identified during the financial crisis that began in …
Terry Carter’s long read also appears in the February 1, 2016 issue of the ABA Journal – “…Last September, the department in effect admitted that it had been wrong all along when it announced a new policy prioritizing prosecution of individuals in corporations who might have engaged in criminal acts, and requiring the companies to …
World Bank – “Multilateral development agencies from around the world have collaborated to produce the PPP Knowledge Lab, the first comprehensive online resource that pools the knowledge and experience of industry leaders in public-private partnerships (PPPs). Although the use of public-private partnerships to design, build, and deliver infrastructure worldwide has grown enormously in the past …
CBO – “In 2016, the federal budget deficit will increase, in relation to the size of the economy, for the first time since 2009, according to the Congressional Budget Office’s estimates. If current laws generally remained unchanged, the deficit would grow over the next 10 years, and by 2026 it would be considerably larger than …
Pew – Projects funded through Kickstarter cut across more than 60 countries – “Over the past several years, crowdfunding via the internet has become a popular way to engage public support – and financial backing – for all kinds of projects, from the Coolest Cooler to a virtual reality gaming headset to a prototype of …
“As Barack Obama begins his final year in office, the goal of reducing the budget deficit, which the public once ranked among the most pressing objectives for his administration, has continued its recent decline in perceived importance. Overall, 56% say that reducing the budget deficit should be a top priority for the president and Congress …
Via In the Public Interest – “Today, private companies hold contracts that allow them to profit from all corners of America’s criminal justice system. Consequently, many people charged with crimes are exposed to the profit-seeking of companies every step of the way, from entering the system to being released. These graphics depict the possible paths of people charged with …
